Alliance DAO co-founder warns crypto users trading US stocks: You think you're a shark, but you're just a fish.

The co-founder of Alliance DAO responded to previous comments about crypto brokers facing stronger competition when trading US stocks, stating that he was certain of this because he himself was a "professional counterparty" in the US stock market a decade ago. He said, "About one out of every 20 trades you made in the US stock market was against me. I knew my own level back then, and I knew the strength of peers like Jump and Citadel—we had completely squeezed out any market inefficiencies you could think of." He emphasized that retail investors might "get lucky for a few months," but the only way to make consistent, long-term profits is to buy quality assets and hold them long-term, most likely index funds. If everyone did this, the professional trading industry would not be able to survive. He concluded by writing, "The worst performers at the poker table are always the fish who think they are sharks."