Stages of cycle — as to who is buying, and who is selling?
“What are people gonna like, that are currently deploying money?”
Frontrun, before they know that they want that shitcoin.
Then exit, when they think they’re a genius.
As the cycle goes on, and more retail comes in…
It’s not just UpOnly. Consolidate your gains, so that you don’t get rekky rekt.
It also means there’s 0 stress. It’s all just memes, dreams, and finding gd coins to make more memes.
That’s lit it. Just don’t get ape greedy. Just get some coin, sell about enough to get you home and dry, so that whatever happens, even if the market takes a dump on your lap, u still got dough in the bank to make it thru the bear cycle.
Fei. What did we learn?
Don’t go into something without understanding what the fuck it is. And how it works. It doesn’t matter who’s backing the project. You’re playing with other players. Pigs get fcked.
Commit position sizes reflective of your understanding and confidence in the project, rather than just…
This guy speaks with such confidence, about absolute bullshit. When people speak with confidence, that doesn’t mean that they know they are right. They are just confident about being right. But confidence doesn’t mean shit when people are dumb, or they have misconceived of a certain situation…