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The last real "alt season", everyone, regardless of their positions, at least 10x'd.
The people who played their cards right 100x+'d
I know it seems like your bags will never pump... but that's typically when the pump is right around the corner.
The people who played their cards right 100x+'d
I know it seems like your bags will never pump... but that's typically when the pump is right around the corner.
"Every time i sell, it pumps a few days later".
There is a reason for this. It's psychology... the market environment which drove you to selling is the environment that precedes a fomo wave.
There is a reason for this. It's psychology... the market environment which drove you to selling is the environment that precedes a fomo wave.
The last alt season... the narrative was eth killers.
The people who invested early in eth killers made a KILLING.
This is because that's where the perceived value was. Ethereum doesn't scale... need a better ethereum.
The people who invested early in eth killers made a KILLING.
This is because that's where the perceived value was. Ethereum doesn't scale... need a better ethereum.
You can fuck around this alt season and buy old narratives... and you'll do ok.
Just ok.
Smart money (yeah stupid term.. but the guys with actual capital), is looking for the next big narrative.
Which sector of crypto is the most undervalued?
Just ok.
Smart money (yeah stupid term.. but the guys with actual capital), is looking for the next big narrative.
Which sector of crypto is the most undervalued?
That's DeFi.
Which bring us back to the last big narrative.
Sure other shit moved, but eth killers were the real stars.
Imagine... 5m... 10m cap defi projects being marked up to 200m+ caps.
There are 20x+ opportunities everywhere you look.... if you know where to look.
Which bring us back to the last big narrative.
Sure other shit moved, but eth killers were the real stars.
Imagine... 5m... 10m cap defi projects being marked up to 200m+ caps.
There are 20x+ opportunities everywhere you look.... if you know where to look.
Already seeing in the replies...
"maybe it's eth killers again"
"maybe it's privacy"
You're showing your bags... yeah it would be nice if you were the first person to ever make money on Zcash right?
"maybe it's eth killers again"
"maybe it's privacy"
You're showing your bags... yeah it would be nice if you were the first person to ever make money on Zcash right?
The narrative here is so glaringly obvious that it's ignored.
"Eth doesn't scale"... what if i told you that eth had trouble with DeFi v1 bc DeFi v1 wasn't gas efficient?
The majority of congestion comes from gas wars and uniswap...
"Eth doesn't scale"... what if i told you that eth had trouble with DeFi v1 bc DeFi v1 wasn't gas efficient?
The majority of congestion comes from gas wars and uniswap...
The last DeFi pump was purely driven by insider money... and was 10x season.
It stopped bc eth hit a breaking point.
Gas was too expensive. What would happen if just 5% of new retail money hits the defi space and defi is just 2x more gas efficient?
It stopped bc eth hit a breaking point.
Gas was too expensive. What would happen if just 5% of new retail money hits the defi space and defi is just 2x more gas efficient?
If you want to be a trader... go ahead and be a trader. That's honorable.
If you want to capture insane unrealized value... you invest in defi.
Defi as a whole is insanely undervalued... should be worth 10B+... minimum given the right market conditions
If you want to capture insane unrealized value... you invest in defi.
Defi as a whole is insanely undervalued... should be worth 10B+... minimum given the right market conditions
Most people have a lot of trouble just holding....
They get antsy... fuck ripple pumping need to be there. Fuck btc pumping need to be there... fuck eth pumping need to be there
They get antsy... fuck ripple pumping need to be there. Fuck btc pumping need to be there... fuck eth pumping need to be there
If you knew that just averaging into a variety of lower cap defi projects would result in you 10xing your portfolio in the next 6 months... would you even bother juggling?
And 10x could just be the tip of the iceberg.
What if some of these defi protocols go 20x?
For some, that would only represent 100m cap... or less...
We are talking about a potential bubble environment here.
What if some of these defi protocols go 20x?
For some, that would only represent 100m cap... or less...
We are talking about a potential bubble environment here.
In the right environment... good shit can and will go to insane valuations...
Anyone who doesn't think it can happen is kidding themselves. We've already watched it happen several times.
Anyone who doesn't think it can happen is kidding themselves. We've already watched it happen several times.
So ask yourself... do you have the balls to have convictions about things that haven't moved yet?
Are you a master of your own destiny? Or just some pleb who chases whatever is moving.
Are you a master of your own destiny? Or just some pleb who chases whatever is moving.
Having early... strong... unwavering convictions in this environment will yield higher returns than literally anything else.
Most people are just afraid to have these convictions.
Most people are just afraid to have these convictions.
Just remember... you haven't seen shit yet.
Be patient. The second you sell... is the second the markets decide it's time to boogie.
- Defi
- Composable
- First Movers
Have the balls to have convictions.
Not everything you buy will catch on.
That's ok.
Be patient. The second you sell... is the second the markets decide it's time to boogie.
- Defi
- Composable
- First Movers
Have the balls to have convictions.
Not everything you buy will catch on.
That's ok.
Patience though.
It doesn't matter *when* it happens... as long as it's going to happen.
Maybe you get rich af in December?
Maybe you have to wait until April 2021...
Does it really fucking matter?
Get in fucking position. Not a matter of if... but when.
It doesn't matter *when* it happens... as long as it's going to happen.
Maybe you get rich af in December?
Maybe you have to wait until April 2021...
Does it really fucking matter?
Get in fucking position. Not a matter of if... but when.
And when you get in position... and it wasn't the perfect entry... or something else moves...
Remember WHY you got in that position.
That original conviction.
Continuously educate yourself so you can validate that original conviction as time progresses.
Remember WHY you got in that position.
That original conviction.
Continuously educate yourself so you can validate that original conviction as time progresses.
If that original conviction still exists... you have no reason to sell or move on.
Have watched too many people "be right" but get scared and bail out before they could realize the fruits of their convictions...
Have watched too many people "be right" but get scared and bail out before they could realize the fruits of their convictions...
Sometimes... it just takes time.
Time, however, is many people's worst enemy.
They can't stand waiting.
On the flip side... time is my best friend.
Time, however, is many people's worst enemy.
They can't stand waiting.
On the flip side... time is my best friend.
It truly doesn't matter when you're right... as long as you are eventually right.
As a good example of conviction... I'm often asked about $MTA... "why don't you just leave it behind dude?"
Well, because my original conviction is still valid.
I've had to do a lot of flipping and flopping to get my cost average down on MTA...
Bc i have a conviction.
Well, because my original conviction is still valid.
I've had to do a lot of flipping and flopping to get my cost average down on MTA...
Bc i have a conviction.
A conviction isn't thinking you're right...
It's knowing you're right.
Despite what other people may think.
It's knowing you're right.
Despite what other people may think.
