I think $PUMP go on a big hated rally once the market picks up.
- Relative strength is impressive - It's 4x undervalued vs $HYPE when it comes to market cap/rev - Buybacks are in full swing - Solana retail proxy (SOL also looks good)
Don’t let your philosophies about cryptocurrencies stop you from trading them.
You may think their product is net negative and want to avoid it or short any strength - do not.
You may think their product is net positive and want to buy it and long weakness - do not.
If there’s money on the table and the setup is clear, take action on it, I did this on $WLFI at $0.20 prior to its launch, I didn’t agree with this coin, nor did I think it was undervalued, I had made a 2x on it uPNL with size as it felt like a narrative to make money on, my mistake was holding for more on launch and roundtripping my bags.
The thesis would have made me money despite not agreeing with it, my greed made me roundtrip the f*cking thing, lessons learned, but the key one is:
Do not let your philosophical opinion on a cryptocurrency stop you from making gains on it.