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Gold-1
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The peak of memecoins is in.
Our industry is absolutely DESPERATE for some utility.
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Gold-1
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A market wide pump is the first thing that happens at the start of a bullish trend When most things do cool off because we don’t have enough liquidity to continue pumping everything phase 2 starts People will start focusing on narrative plays and assigning reasoning for a pump due to a particular narrative Start doing your homework, it’ll give you edge and potentially like looking into the future My mid term bet is on RWA
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You’ve all been through this period of the market before where you print money hand over fist. Be self aware how you were the last time we had these conditions. This is the first ‘easy mode’ we’ve had since January. Here are a few of the things I’ve learnt to fully maximise these conditions: - don’t size in all at once. You will get pullbacks. Use these pullbacks to compound and ride it further into the trend - you will start having the feeling of ‘I need to close these positions’ when the PnL starts creeping up. It sounds rash and counterintuitive but you need to hold through that feeling. You’ll exit and just fomo in later on at higher prices - you don’t necessarily need large positions to make meaningful returns. In the last day alone we saw many alts pull 50% moves. You don’t need to go crazy with the leverage to gain returns that move the needle - stop adding fresh positions if you don’t have a good reason to. Don’t open a fresh position every time something looks ‘good’. Instead size into a few select alts and compound these over time. This will just end up screwing your psychology later on, you’ll likely close many out of fear on the first dip as you realise you’re over leveraged - the time to take on risk is now. crank up your risk immediately. Don’t wait until the trend has matured. This is the area where it’s best RR for sizeable returns. I’m not saying go out there and blast into a 50% candle, but wait for your pullback and then pull the trigger. Good luck out there 🫡
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Many are either sidelined or short. I think we're in for alot of fun these next few weeks. A few fresh positions I opened to crank up the risk a bit: $PNUT - i genuinely just followed @theunipcs in this one because of his track record with these plays $DOT - I took a position due to the Polkadot 2.0 news and still holding I also took $ARB Other than that I'm just chilling, theres a trap where in times like these you just keep opening fresh positions due to FOMO until you feel overexposed. It often times backfires I don't think you want to be taking profits here as I believe the trend is just getting started. In saying that, I also don't think alot of these alt will make fresh highs
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Many are either sidelined or short. I think we're in for alot of fun these next few weeks. A few fresh positions I opened to crank up the risk a bit: $PNUT - i genuinely just followed @theunipcs in this one because of his track record with these plays $DOT - I took a position due to the Polkadot 2.0 news and still holding I also took $ARB Other than that I'm just chilling, theres a trap where in times like these you just keep opening fresh positions due to FOMO until you just to feel overexposed. It often times backfires I don't think you want to be taking profits here as I believe the trend is just getting started. In saying that, I also don't think alot of these alt will make fresh highs
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I guess it’s time to fire up aggr trade with the sound on and listen to the beautiful sound of bear cucks getting liquidated en masse
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