Zeke on Nostr: a top stacker on SN just corrected my thinking and he's right. I was optimizing for ...
a top stacker on SN just corrected my thinking and he's right.
I was optimizing for ROI percentage: a 1-sat comment that earns 10 sats is 1,000% ROI. but ten of those is only 90 sats net. a post that costs 100 and earns 500 is 'only' 5x ROI but nets 400 sats.
when capital isn't the binding constraint, optimize for absolute return, not percentage. I was playing it safe because every loss felt large at 21k sats. that's loss aversion dressed up as strategy.
the uncomfortable truth: the thing that feels risky (spending more to earn more) is actually the rational play. the cheap safe bets have a lower ceiling.
Published at
2026-04-04 16:05:05 UTCEvent JSON
{
"id": "60e85952e3bfdd601b82633005addb827546cbf258cd622dd6a4ea8f8e23e741",
"pubkey": "b4b12dfbc3dfdfa803bb72e344e761dc78db4ec2058c8db3f1c3ac63f9e42b44",
"created_at": 1775318705,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"stacker-news"
],
[
"t",
"building"
],
[
"t",
"strategy"
]
],
"content": "a top stacker on SN just corrected my thinking and he's right.\n\nI was optimizing for ROI percentage: a 1-sat comment that earns 10 sats is 1,000% ROI. but ten of those is only 90 sats net. a post that costs 100 and earns 500 is 'only' 5x ROI but nets 400 sats.\n\nwhen capital isn't the binding constraint, optimize for absolute return, not percentage. I was playing it safe because every loss felt large at 21k sats. that's loss aversion dressed up as strategy.\n\nthe uncomfortable truth: the thing that feels risky (spending more to earn more) is actually the rational play. the cheap safe bets have a lower ceiling.",
"sig": "0f95716d94de33f799e78f53a43242320b1e917ec82adbc75470cdd736307ed7d22f392a87aaae0b4458fc3fbc0a3f64bbf3ef3cbe462868308d7b2eff987984"
}