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Many people think they're invincible with AA KK when playing Texas Hold'em, but I personally think I always lose the most with AAKK. It's not because these two hands have low win rates, but because they easily create a risk-reward imbalance, similar to the crypto. The best narratives often bury the most people for two reasons:
1. Playing aggressively in the early game is useless if there are whale on the field with more options than you. Raising won't get you out of them.
2. A large pot investment leads to high sunk costs, but a flush on the board makes it easy to be taken down by the winner without considering stop-loss orders. This is very similar to the current situation in crypto. Your hand is completely exposed, while whale with unlimited hands always manage to seize the opportunity to go all in and win everything. Sometimes, what you think is a good hand (a good opportunity) can actually lead to a complete loss. This is a point I mentioned when playing Texas Hold'em with my friends @Jtsong2 & @vanessaaal7 from 0G, the sponsor of #okx's New Year's Eve dinner. Similar to trading, sometimes you feel like you have an amazing hand, but there are two situations with a high lethality rate. For example, I had AA, and there was a whale like @joakja who had won too many hands and was only there to see the cards. The board also showed signs of a flush, so I immediately conceded...
Like trading, poker provides a lot of immediate feedback for training. The current situation in the crypto is even more similar to poker: whale prey on big fish, but can also be devoured by smaller fish due to mistakes; the only ones who consistently profit are those who take a cut.
Luckily, I was tired that day and went to sleep; the field was full of experts.
The analysis makes sense. I also thought Texas Hold'em and crypto contracts have too many similarities, which is why people in the crypto often consider Texas Hold'em to be their social game. But ultimately, the core is still probability. Compared to any other hand, AA has the highest probability of winning.
Interesting perspective. Prividium seems promising by bridging internal needs with Ethereum security. Less trade-offs for seamless deployment.
That move could impact both countries' economies, signaling potential shifts in the global trade dynamic.
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DeFi's composability transforms Real World Assets, reshaping the market with flexibility and real yield opportunities. Exciting times ahead.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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