It's at the point where the biggest gains aren't due to tech analysis, they're made from memes, trash built on trash, and degenerate gambling. A few of these #DeFi coins are going to make it while many are going to fail

...With that said, we can still make $ from it

$BTC $ALTS

As someone who made a ton in 2017 and lost a ton in 2018, I do think that there is a short term opportunity for these Uniswap shitcoins-Just don't get married to your 'fundamentals'. I blew loads of $ in ICOs in late 2017/early 2018 and it was a sad sight when the dust settled.

I can see a lot of the same euphoria rn on ''what is this coin? Oh, Defi? Market buy!"

I told myself I wouldn't go through 2018 ICO crazy phase again but I can already see myself doing it now.

I must manage my emotions and not bag hold my shitcoins like I did back then.

That's not to say this isn't a more mature market than it was in 2018. #DeFi has an actual use case and I think that there are going to be several 'projects' that come out with great utility. Many of the big caps that have moved a ton are likely not going anywhere.

That said, 'fundamentals' on these new coins are a complete joke right now. A coin can be super profitable based on a shitty white paper and nothing else. That's the market that we are in right now.

There are a lot of strategies you can do with your portfolio- tiny buys, hoping they'll go to 0 or 100x, you could go heavier and flip them as fast as you can.

My biggest piece of advice is to: Never go all in on any 1 project or even this sector of coin.

I would also accept the fact that if you are buying these coins, assume that you've lost your $ already- there are no guarantees in the market and if and when many of these coins go to shit (ie. btc dumps or w/e), it could get very ugly, very fast.

With that said, there's still incredible $ to be made in the coming weeks IMO. Everything is moving so fast and evolving daily. Always DYOR, always remember your fundamentals, and always take profits.