This is the only space you can step into with nothing, no friends in the space, no courses or bullshit mentorships and win.
The people that get burned here are the same people that hop between get rich quick scheme mentorships month to month.
The perpetual loser needs someone to tell them what to do with their money because they don't feel comfortable making their own decision and taking accountability for it. When they fail, they unconsciously blame their "mentor" for leading them on and scamming them, so they go on to find another "mentor". We see this person crying in X comms, because their decision to buy was not really their own decision.
Whether it's trading on a commissioned broker sign up, funded accounts, drop-shipping, amazon FBA, brand scaling blah blah blah, they lose again and again.
And that's exactly why this space is so beautiful, people that can constantly make conscious decisions win.
The times of buying 1.2 sol at 3m and selling at 500m are gone, for now. Current conditions are the training grounds.
Understand that the same 100-200 traders are in 90% of coins that migrate, pre-migration. Each with their own trading personality.
Trading on chain is fun, memes hahaha, but you are risking real money on a dog wif glow image, money that the general population wake up and work for...
So you should act like it, you should profile the traders you trade alongside / against and trade accordingly.
X person is heavily reverse copied...
Y person always stacks 5 multis for 1.5x...
Z person scoops floor and his 5 on chain orbiters pile on top of him
As gay of a way this is to view the market and its participants, its what the current conditions require, especially if you trade solo.
It's even gayer if you aren't serious about what you do and bank on getting lucky one of these days.
But it's not gay to a good trader, neither to a sports performance analyst, tactician or a chess player.
But after all it's just memes hahaha.