SteWie.

MCG host DineroDom0 breaks down why prop firms are cash cows and why betting on the house beats trading challenges for most people: DineroDom0: "The truth about prop firms is that stats say like 95% to 98% of traders lose." "It is a similar trade to pump.fun or a launchpad where you want to bet on the house. If you are a great trader, go trade props. If you are not a great trader, practice a little bit longer before you start trading props." "I like getting access to the house. From experience, these are cash cows that make a lot of money, and it is interesting to see it blowing up in crypto. While there is competition, it is still a much smaller niche in crypto right now, so there is room to step in and corner a bit of market advantage."

Memati explains how removing emotion and strictly following written risk management rules made him consistently profitable: Jason: "If somebody commits 20 to 30 hours a week to the trenches, how long does it take to start turning a profit and remain consistently profitable?" Memati: "It all began with figuring out my risk management, getting emotions out of the way to the point where I wrote down a set of rules and made sure I followed them." "I realized it because it was always preached in the In The Trenches episodes by experienced traders. If you have a plan and follow it strictly in a disciplined way, you start to see results. It is a cliche saying, but man is it true. I finally started doing that, and I started seeing results."

Lili breaks down the initial fundraising targets, low valuation, and capital allocation for over.computer on MetaDAO: DineroDom: "To recap, you are seeking a $250k initial raise at a $1 million FDV?" Lili: "No, it is going to be lower. We are thinking of a range between $250k to approximately $350k. We raise a little bit at first, with a minimum commit target around $250k. Once the project goes well and we start generating revenue from day one, we will do another round very soon. If we launch very low, it only has room to go up." Josh: "If you hit that $250k or stretch to $300k, what is the use of funds?" Lili: "The main usage will be putting a portion into the payout reserve. The second will be user acquisition, because the product is already about 97% done. Our priority is onboarding traders and generating revenue immediately."

Lili explains how over.computer handles payout reserves and structures risk across trading seasons: DineroDom: "Like casinos required to have money on hand to pay out users, does a prop firm need reserves on hand to pay big winners or traders getting large payouts?" Lili: "Yes, one hundred percent. We start off with a reserve amount proportional to the challenge volume we sell." "In season one, we are more or less going to be the house. After that, we open up the house model to third parties who run their own house while we step back to manage risk." "We will require third parties to stake capital before launching challenges to guarantee fairness for traders and curate top quality partners running the challenges."

Lili maps out the competitive prop trading landscape and explains how over.computer differentiates itself with a pay per day model: Lili: "It is a huge landscape. Outside crypto, you have established prop firms trading forex. Onchain crypto prop exploded late last year when Kraken acquired Breakout. Now you have multiple firms like Proper, Hypernova, Iceberg Cash, and Vest." "Our model enables people to pay per day, which no one has done yet. Most prop firms want as much upfront cash as possible to manage house risk. We see it as an experiment and a tradeoff to keep users around longer. The longer you trade with us, the more revenue we take, and the longer you stay, the higher your reward payout becomes."

Memati explains why wanting to screenshot your PnL is the ultimate signal to take profit: Memati: "Taking profit when you feel like you should be taking a screenshot." Jason: "Yeah, that is absolutely a thing. Take profit when you feel like you should be taking a screenshot." Memati: "It is internet money. You feel like a high IQ Einstein in this day and age when you walk up to your mom or your dad and you are like, 'Dude, I just made this on my phone and it is an insane amount of money'." "But instead of getting that thought where you should send this to a friend or show this to a friend, maybe take initials at the very least. That is one thing I learned the hard way. Take it from me and always take initials, always."

Memati explains why oversizing ruins your mental health and why true peace comes from sizing down: Memati: "My hands and feet start sweating when I'm oversized in a coin. It's so obvious that I'm pushing the limits." "What's the point of trying to be happy from a profitable trade if you're putting yourself through maximum stress, your mind going through hell?" "Put down an amount where you can go chill with your parents, your kids, your friends, and not feel the need to check that phone every three or four minutes, to the point where you forget you even had a position." "That's the most comfortable position for me. Where I've taken my initials, I know the coin is good, if it goes down I can stomach it, and I can have a great time on the weekend without worrying a second about what's in the phone."

Memati explains the strict position sizing and profit taking rules that turned him profitable on a sub-$1,000 portfolio: Memati: "On this come-up where I've been profitable, I started between $580 to $900. I would never bid 10% of my portfolio; I would bid 5%, so usually $50 bids." "I stayed locked in low-cap trenches trying to find what people would buy at the 100k–200k range and run it to millions, buying below 50k because my $50 turns into $100 much faster." "It's about being patient and waiting for the right coins instead of wasting money taking quick losses. When I'm sure, I'll slam 10%, but every other trade where I'm not as sure, I go with 5%." "Always taking initials 100%. Sometimes faster, because I don't have six, seven, or eight figures. It's all about taking profit until you can put down significant amounts and not worry about it. Who cares if you end the day in the red, make sure you end the week in the green."

Memati explains why he refuses to scale up his position sizes even after a 20x portfolio expansion: Memati: "Let's say I was bidding 10% of $900 when I had $900, using 90 bucks. Now my port has grown 10x or 20x, and I'm still using the 90 bucks because the conditions have changed." "Back then conditions were good, port wasn't as high; now port is higher, but the market is horrendous." "You've always got to be tapped in and have that intuition when to back off and slow down. Depending on the trade, market cap, and how long the token has been around, it's just such PTSD for me from losing it so many times before becoming profitable." "I still have that fear of losing it all once again, and the market right now isn't helping. As long as I'm profitable, I'm trying not to be greedy and trying to stay on the green side."

Memati recounts turning $400 into $10,000 on his first meme coin, only to round-trip it all to zero: Memati: "For the very first time found meme coins, I put $400 on a coin, and I didn't know anything regarding meme coins. At the time, I didn't even think to sell my initials. In 24 to 30 hours, my $400 initial investment turned into close to $10,000." "This is with zero experience, zero knowledge. I thought meme coins were a game of just buying and being up a salary the next day, so I went and rinsed that $10,000 away. The first time was luck, the rest was just hoping it would happen again, and it never did." "It was 'Pissing Dog Farts'. It hit an $11 million market cap. I remember it touching 14, and I remember full stacking my full amount at 9.5 to 10 million cause I didn't know how to respect the chart at the time whatsoever."

Memati explains how tuning out timeline despair and resetting his emotions kept him from quitting crypto: Memati: "Despair on the timeline where people with millions of dollars talk about how it's over affects you as a trader on the come-up." "You hit rock bottom. In that moment, I stepped back and just observed the market without bidding or buying anything." "The market moves so fast that your emotions get crushed with it or go up with it. Whenever I felt like I was going to trade horribly, I'd step away, get my mind together, and only then dip my toes back in." "I tried not staying down for long because I have an obsessive personality. When I like something, I obsess over it, and I try not to lose hope because I know that obsession will eventually lead me to the light."

Memati breaks down the hard lessons of blind copy trading and why discipline must come before size: Memati: "Trading strictly by yourself, not communicating with others, copy trading someone off a stream hoping others buy on top of you to make a few bucks, you don't really get anywhere doing that." "When it finally clicks that you can't keep losing it all over and over, you start reducing greed." "I made it a rule for myself to take initials at 2x. If the volume is bad and I feel like I'm going to take a loss, I'll even take initials at 75%. I don't have that big of a port to start with, so if I want to reach the level of those top traders, I have to build the discipline first." "Build the numbers little by little until you can go from the guy betting $20 to make $20 to the guy buying 1% of a good coin early and riding it to the highs. It's all about building that gap in between."

Craig explains why letting Satoshi's coins dump is better than breaking Bitcoin's core rules: Craig: "The perfect outcome for me on a longer term horizon: let it go to market, let it get sold, let it get attacked, let it dump, and then start again. Decentralization in full effect, and we start again. Sometimes you gotta burn it down to start again, man." Greeny: "So let me just get this right. You think the best option is not touching the wallet? If it gets compromised, one million Bitcoin has to get buyers stepping into the sell demand?" Craig: "Rome, and now we're here now. Every civilization that died to get where we are now?"

Greeny explains why the quantum computing threat makes him refuse to hold Bitcoin long term: Greeny: "The quantum threat probably isn't going to affect us this cycle, but my sort of point of view was it probably is warranted to have a conversation, and this is why I probably won't hold Bitcoin for the long term. We will trade it and make money off it, but we won't hold it for the long term." "Because in my opinion, no matter what happens with Satoshi's wallet, it is bearish unless they freeze it and therefore it is technically a burn. That is bullish and that would be the most sort of bullish catalyst." "If they don't touch it and they leave it basically open to be compromised, that makes me incredibly bearish and it makes me consider that maybe there is other opportunities in the crypto world that perhaps are a better opportunity long term."

Craig and Greeny debate whether Bitcoin should freeze Satoshi's 1 million coins to stop quantum hacks: Craig: "Satoshi has around 1 million Bitcoin that has never moved. It sits in old addresses that a future quantum computer could crack." "Only Satoshi can move it, so Bitcoin has to choose: freeze the coins and break no one can touch your coins, or do nothing and risk 1 million Bitcoin hitting the market. A lot of people said two, which was leave it alone, and I was really surprised." Greeny: "I agree with Captain Trippy who would have a logical response, the only real option is freezing these old wallets that cannot go quantum resistant." Craig: "That is what I think, I agree with that."

Greeny breaks down key comparison charts that signal Bitcoin may be nearing a macro bottom: Greeny: "We always look at this chart too Craig, which a lot of people maybe don't consider is Bitcoin versus different assets. You have BTC versus Gold, which historically is looking around this sort of period for a potential macro bottom." "If you do zoom out to the monthly, it is sort of forming very similar patterns to what we have seen previously where you have a reaccumulation zone and then an impulsive move in the years to come." "Similar again, BTC versus the S&P 500. It pulls back after a really impulsive move, and then you will be looking for a potential impulsive move probably in 2027 again." "BTC versus MicroStrategy is another one worth keeping an eye on. MicroStrategy maybe outperforming in the short term, but over the past sort of year or two, it has very much been Bitcoin that has outperformed MicroStrategy."

Craig explains why digital assets will leave physical gold behind as younger generations take over: Craig: "I think the younger generation will go digital, and I think the older generation will continue to go physical." "But I can tell you this much, I think digital is going to accelerate much faster than physical will. I think physical will decelerate and digital will accelerate, just looking at my son's age, looking at what they do, looking at how they operate." "There is no chance digital assets don't continue to thrive. It is all they talk about, it is all they know, they don't know physical. Even the world we knew has changed to their generation now." "One day we might look back at gold, saying in 100 years or 1000 years, and it might look pretty prehistoric. Future generations might laugh at us and be like, 'These guys were actually collecting colored rocks, can you believe it?' People will one day look back and be like, 'Those guys were lumping gold bars around?'"

Craig explains how kids trading digital gaming items proves the future belongs to crypto: Craig: "They play games, they collect skins, they collect assets and they trade them, so they are already doing what we do." "He does what I do for a job, but he does it like I used to do with physical cards and comics." "Back then there was friction because I was limited by who I could get in front of to trade with cards. Now there is no friction. My son has got access to the whole world to trade with, so he has been trading digital collectible assets since he was five."

Greeny explains why investors are ditching growth stocks and rotating into hard assets: Greeny: "A lot of people are comparing it to the 1970s, where people go into sort of hard assets or tangible assets." "If housing slows down due to interest rates increasing, then people don't really want to invest in houses." "If the stock market or growth stocks, for example crypto and what not which is more down the risk curve, has been thriving, then people again don't really want to put into growth because growth has been outperforming for so long since the GFC." "So where do they go? They probably flood to commodities. They probably go to gold, they probably go to silver, collectible cards, physical goods. The interesting part about the world we live in today is I don't have to go to a shop and buy silver and gold, I can get exposure to that via ETFs or ETF miners."

Greeny explains why clicking less and staying cautious is the smartest play this week: Greeny: "Traders have their work cut out for them this week with rate decisions from the Fed, BOC, ECB, BOJ, RBNZ." "Also the busiest week for US earnings with one third of S and P components due to report." "Huge week of macro and it is probably why clicking less is probably alpha right now."