Pinned
if you're not happy where you are, you have to grind through dead periods of low vol onchain. the best traders during the pf 24-25 era are those who grinded through the '23 bear and refined their skills in the shittiest of environments. taking a break and stepping away only- pvp isn't the reason why there isnt a "PVE runner". pvp is actually a symptom of late cycle things - in this case, solana trench warfare. the game is too solved and extractors have an extraction template they use. the prerequisite for any "PVE runner" is genuine belief of a new
- in 2023, my entire trading style revolved around minting nfts in bulk via bots and dumping them for 1-2 eth average profit total. that was a good day for me. fast forward to today, i went through many periods of self reflection and growth to evolve my trading. the point is to
- i dont get the people that say this cycle sucked. i can recall a ton of pockets of opportunity to quite literally make gen wealth. (404, early sol onchain, memes, bome, ai meta, trump, hype, wlfi, plasma, etc) list goes on and on and on. we are def late now but dont delude
- onchain risk feels so fried for the foreseeable future. post black swan vibes just like many times in the past. every coin has been a cheap repackage of previous games we have played. this is unironically the best time to look for the shiny new thing, but where is the new game
- if ur still in the solana trenches, pivot to aping evm crime coins where the main selling points are; the next <insert leader of vertical here> or backed by <insert big names here>. with a touch of shills from the old class of evm KOLs as well time is a flat circle
- if i had to guess, a lot of first cyclers fell into the trap of completely denominating their port in their desired asset of choice - sol without properly having an exit plan (i did this for eth last cycle and held all the way down to the lows). crypto is something you learn
- many of the tourists will wash out in the coming weeks/months. you'll notice group chat activity start to taper off heavily and message counts in paid groups will drop. if you stick around, try your best to network with the others that do (esp in the soon to be dead paid groups).
- my very first time experiencing a blow up was post otherside nft mint. Made my first million and proceeded to lose 80% of it very shortly after. I thought i royally fucked my life up (quit my full time job couple months before). Turns out it was just a blip in the greater
- biggest fuck up of the cycle for me was the plasma trade. all in all after doing some damage checks; I drew down roughly 20% from ath NW including the plasma UPNL. the nominal number is probably most people’s target exit number. a year ago I’d be sick to my stomach. Make sure
- take profit and change your life. offramp early and offramp often self-custody is a double edged sword and most people arent built to self custody their own wealth. i already off-ramped a good chunk of my onchain funds and will continue to offramp more and more as time goes by.
