Onchain is a tough market rn. Your focus should be on preserving capital if you’re in the trenches. Many projects die within 24 hours or don’t even survive the first week.
Adjust your take profit strategy accordingly. That’s how you still make some money.
What many newcomers don’t understand is the difference between longterm bags you hold until a macro top is near and shortterm trades you hunt in the trenches.
Most lowcaps you find in the trenches are shortterm plays. That’s fine. You can still take profits on those.
But sometimes — rarely — you find a gem early that becomes huge.
Example: we found $ATOR (now $ANYONE) at $2M mcap in April 2023, and $PAAL at $8M mcap in August 2023.
Truth is, in this phase of the market, 99% is trash. You’re unlikely to find the next big thing easily.