Odyssey's got heaps of info for both rookies and seasoned traders. Highly recommend giving it a read ;)
everything in the world functions as a pyramid scheme. the only difference is that there are only 2 types of pyramids: non-adjustable and adjustable.
1. the first type is the classic, the standard type; it has a negative connotation and is short-lived for a very simple reason. this type of pyramid lives as long as it has positive cashflow. take for example a pyramid with, lets say, 100% monthly yield. it will live right up until the moment the monthly cashflow becomes at least 2 times lower than in the previous month. as soon as the tempo is disrupted – the pyramid collapses.
2. the second type is the whole financial system. c'est la vie. Tinkoff's stocks, Apple stocks. MATIC and Bitcoin. the only difference between them and the standard pyramids is that their yield is adjustable. as soon as Bitcoin's cashflow becomes a bit lower than 200% of the previous month's cashflow – Bitcoin just does +86% in a month instead of +100%. or falls for -50%. cycling positive cashflow with negative cashflow is the greatest discovery for the financial system, which allows it to always flourish and allows a select number of pyramid schemes to continuously grow.
the cashflow is neutral for an X amount of months in a row? no worries, we'll wait until it's positive and just draw a 400% monthly candle. then we'll wait a bit again and do the same shit.
but this type of pyramid schemes also has it's sub-divisions. the first one – to extract liquidity from, the second one – to infuse with liquidity. some stocks has losers sitting out in a 10-year flat range, others blow the fuck up for a few hundred X's during that time. thanks to using this kind of a "lottery" and splitting the universal pyramid into "pyramids in pyramids", the system goes on with its life calmly, and it's extremely rare for it to get overheated.
as a summary: non-adjustable pyramids live for about a year, adjustable ones - for decades. but even this is not even close to enough of a lifespan if you take into account the potential. non-adjustable pyramids collapse in a year, because the people who found them have a shitton of money and their take-profit dooms the project. in the adjustable pyramids, the devs just continuously dump their infinite emission after any positive cash inflow, and their greed doesn't let their creations live.
the only difference between $Grimace and $MATIC, $Solana, Cardano, etc. – it allows for a fair game. and if all this shit mentioned above led to x100+, taking into account that their developers had no other goal than to scam you – what will an asset, the devs of which do not want to scam anybody, lead to?
