"Timing" the market:
Shifting your attention between BTC and altcoins is an important skill for any trader.
I've used this to time my trades on $BNB and $ZEC in the past month.
There are 3 market environments to rotate between:
1. Aggressive BTC ATH breakouts
When this happens, BTC has most of the attention and liquidity.
-> Best play: Rotate into BTC trades. Altcoins will lag here.
2. BTC Upper Range Consolidation
The market has established some strength, and lagging altcoins will start to see inflows.
->Best play: Trade altcoins that showed the most strength before the BTC pump. The ones already at key breakout levels perform best.
3. BTC Lower Range Breakdowns
When BTC loses bullish structure, market confidence falls. Traders become risk-off on altcoins because these see outflows first.
-> Best play: Look for breakdown plays on altcoins that showed weakness on the way up. These will fall the hardest.
Why $TAO will become a trillion-dollar asset:
The most fascinating thing about $TAO is that its path should follow Reed's Law, and not Metcalfe's Law like $BTC. Bitcoin reached a trillion-dollar market cap in 2021. That's only 12 years after its genesis block. In theory, $TAO should do it in less than 12 years.
Metcalfe’s Law: this economic law says that a network’s value grows proportionally to the square of its number of users, and applied to #Bitcoin, it means that as more people use and hold Bitcoin, its overall market value increases exponentially.
Reed's Law: this law says that the value of a network grows exponentially with the number of user groups or sub-networks, and applied to Bittensor, it means that its 128 subnets exponentially amplify the network’s total value - basically a network effect of network effects.
So, in theory, the network should go up in value faster than Bitcoin. In my opinion, the bet on Bittensor is asymmetrical. I believe this is going to be a trillion-dollar network. The art of investing is picking the projects that have the potential to become a trillion-dollar company, and of which the odds for this to happen are high. In my opinion, in crypto, we have Ethereum, Chainlink, and Bittensor as the main contenders to become trillion-dollar assets. The rest miss something. For example, $BNB’s existing market is too small, and $SOL doesn’t have the first-mover advantage and is not overtaking $ETH.
On top of all this, Bittensor brilliantly ensures there is enormous economic incentive for the best AI projects to build on its network as a subnet. And since right now there are only 128 subnet spots, it's a Hunger Games-style competition to keep a subnet spot - because when a new team comes in and pays the $TAO fee, the least-performing subnet is out.
Over time, the number of subnets will increase, but for now they keep it tight so there are more rewards for the subnets, and quality goes up dramatically because of the competition. They all earn a part of the newly mined $TAO (emission). The tokenomics are based on $BTC’s model, with a max supply of 21 million $TAO and a halving every ~4 years.
Conclusion: I believe $TAO is one of the only assets in crypto that has the potential to become a trillion-dollar market cap token. And I believe it will do so in less than 12 years - the amount of time $BTC needed. Bittensor is now 4 years old. Calculations show us that $TAO is on track - following Reed's Law curve - to become a trillion-dollar asset by 2030 or 2031. It has all the ingredients: first-mover advantage in decentralized AI, a genius “Hunger Games” competition model, an economic incentives model, the right tokenomics, and more. Everything about this project is genius and brilliantly thought out.
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Create a trading checklist:
1. Start with a daily routine
2. Build your first 2-Tier Alert Technique
3. Prepare entry, exit, and trade management criteria
4. Keep a journal for trade reviews
5. Improve and repeat.
This has more alpha than 99% of trading advice.
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