I came to the trenches as an outsider. I talked with countless people. I listened. I understood some of the very real problems that needed to be solved.
But understanding a problem and having real life experience with it are two different things.
So yesterday I spun up a fresh wallet and played in the trenches. Tried various strategies. Small amounts on freshly launched tokens. Larger amounts on tokens already between a six - seven figure mcap.
I made money once. Every other time I got rugged. Unless I was just glued to the screen, I didn't stand a chance.
$300K to zero by the time I checked it again. Even one case of $2M to zero.
One of the things I've most often heard my holders say is that "$WhiteWhale is the only meme I can go to bed holding" but I always took it as nice words from bag-holders. I never really understood how real of a problem that was.
I didn't even go to bed with any holdings. My 2M to zero happened in just the time it took to watch one episode of a TV show with my wife on the couch.
I even drew a line on a meme coin chart for the first time (what have you people done to me? 🤣).
Now one could say I was simply a bad meme coin trader. This might be true. Although if you look at the PnL of most meme traders you'll see I'm not alone. In fact the vast majority of people lose money on memes.
But the more I'm in the trenches the more I have grown to love this space. It's honest. I wrote a long article on this a while back, but the trenches recognized early that it's all about attention and liquidity. No fake cases for utility, adoption narratives, protocol revenue used to calculate token value (which I've always said is crypto's attempt to cosplay as stock market traders)...the trenches cut through all of the nonsense and lies we like to tell ourselves and strip it down to the real, the raw, and the authentic levers that move all of crypto: attention & liquidity.
Is it ugly (most of the time)? Yes. Does it need improvement? Hell yes. But is it real, raw, unfiltered and authentic? Absolutely.
I'm very glad I took the time to walk a mile in the shoes of the average trencher. It was very informative and further informs my role as steward moving into the future.
🫡 From the depths —
The White Whale 🐋
if a normie ask you what to buy what would you even tell him right now?
there is almost nothing…
personally i would say $whitewhale and $buttcoin have the best r/r in this market
(especially if you’re not trying lose 90% of your money overnight)
any other suggestions?
I bought a silly Whitewhale meme at 700k mcap in december and it litterally saved everything for me
Was able to get everything I lost back on 10/10 at the first pump. And now it’s saving me AGAIN by chilling in green through this bloodbath by being my biggest bag by far today.
Alhamdulillah fr for @TheWhiteWhaleV2
my bloodline will sing ur praise for generations to come
market is nuking but $whitewhale is pumping ever since it tapped our $40M level. 🤯
people were saying it's over for whitewhale but obviously that didn't end well for them.
they probably bought the $200M top and took the loss that's why they're salty lmao.
While the entire market is bleeding, WW keeps moving in the opposite direction. This is not luck, it is structure.
Controlled supply, stronger distribution, and conviction holders locking in. When everything is falling and only one asset is rising, the market is sending a very clear message about strength, belief, and long term positioning.
When everything bleeds, strength reveals itself.
$whitewhale