the urge to make it in a single trade is one of the most exploited things we have nowadays. There are simply too many coins and fighting liquidity across markets.
For someone who was once delusional enough to do it and make it and could simply afford to roundtrip something like pons nowadays (to name my most famous one yet) it’s insanely important (IN MY OPINION) that you have a fixed thinking process of WEN selling and WEN buying all of this slop and apply a process to all of this (which might sometimes be wrong and that’s okay - but this just sharpens your framework)
Financial markets will be here forever. Big sums of money compound basically for the rest of your life if you’re not retarded.
I have witnessed MANY MANY glorified figures across the years that roundtripped/lost up to MID 8 figures and are now basically broke or work a normal job again because they have to. Nobody ever talks about them today and they are mentally broken and likely never will gamble again.
you can work a day job for 20$ again for a week to remind yourself how lucky you sometimes are to sit on 6 figures or so.
Probability suggests that you are not the next frank degods or unipcs. So manage your book incrementally before the book manages you.
I’ve read so much market wisdom through the years and it helped me to do the right thing at the right times sometimes. The market doesn’t know your number or your goal financially. It just knows Mother Teresa like Blessing for some and rape for the majority. Be very aware that there’s limited seats in a nice car by design compared to a bus. And make sure that you know where you wanna sit if you’re currently in the bus.
if you’ve been broke at the beginning of the year and now hold your NW in 1-2 coins on a singular hot wallet you might want to reconsider EVERYTHING you know and start being a responsible grown up person.
ceilings will be lower in general especially on memecoins.
There’s no coin battling doge or pepe unless you get an active Elon like billionaire twap on something.
🚀👍🏽