The contradiction for ordinary investors is that on one hand, they rely on sustainability, but on the other hand, they cannot explain (of course, because it doesn't exist) the contradiction of sustainability.

In simple terms, you hope to keep winning in an infinite game, but in reality, it's very difficult to do so. Even for many professional investment institutions, from LTCM's fall to last year's underperformance compared to the market, it shows that in the face of chaotic and random markets, no matter how good your models and strategies are, they will eventually fail.

Learn from 0xae78ada. After making some money trading contracts, I suddenly realized that buying into the casino is the best way to sustain profits. So today, this address TWAPed over 20,000 HYPE. Truly a clever guy.

Hyperliquid's revenue has returned to a healthy state. Keep dollar-cost averaging, friends.