Qwerty on the Aster trade and 16 hour days

    by Freddenver: Changpeng Zhao

    The part of Qwerty's story that gets me is the sequence on Aster, because none of it sounds like a guy staring at charts for hours. He woke up one morning and describes the order things hit him: first a tweet saying they dropped the Chinese Hyperliquid, which left him going huh, what does he mean by that. Roughly two minutes later, still scrolling, a trading axe tweet on an alt account at the time caught his eye. That's when the pieces clicked and he figured these people were all on about the same thing, Binance launching an on-chain perp DEX. He checked and it was an hour and a half old, so $1,000,000 went in within 15 minutes. Thirty minutes after that CZ tweets out a picture of the chart, and the price ran from 18 cents to $2. His whole method, as he tells it, is pulling together all the information he needs in a very short amount of time and then just jamming a coin. Which is also why the 16 hour days are dead to him. Sitting on memescope or doing a 16 hours day on photon is not something he's ever going to do again, unless the real trenches genuinely return return, and definitely not in this market environment.