The honourable thing to do is:
Go in the trenches for days on end, find something that can 100x.
Watch it do the 100x.
Hope there is still gas in the tank for a 1000x.
Watch your followers turbo nuke into the liq pool.
Hold your bags to zero.
Overall Solana launchpad volume hasn’t really spiked much, but thanks to #BonkFun’s “#Useless,” it feels like a bull market out there.
Right now, the whole degen crowd seems busy trying to scoop up crumbs falling from BonkFun’s table.
Shoutout to @theunipcs for putting this on everyone’s radar.
I bought this #USELESS for $10,000 and now its worth $700,000. Pretty insane.
Fck it, give away. 1 anon who like and retweet will get 50 $SOL (yes, for real) in 24hrs.
$PsyDao After Arthur announced his investment and pumped it up last January, the price hit a peak of $0.8. Now it’s trading around $0.025 — that’s basically a 30x drop.
If you jump on a meta that doesn’t catch on… it’s pretty much a death sentence.
♠️Pocket Aces Principle
In poker, pocket aces are the best starting hand.
When you’re confident, you should go all-in.
With experience, you start to recognize these opportunities instinctively.
The real world also follows the Power Law:
Most outcomes come from a few big opportunities.
In trading, rare “career-defining” opportunities require placing big bets.
As Stan Druckenmiller said:
“The best trades are obvious in hindsight, so clear that even a blind man could see them.”
Pocket aces in real life:
Life’s precious opportunities — relationships, careers, ideas.
In those moments, they feel obvious and intuitively right.
A lot of traders care a lot about entry points — here's what I think.
More important than entry is selecting the right asset and managing risk.
In crypto, it's hard to evaluate valuation properly.
You want assets with strong narratives. What's key is when you choose the asset, and when you cut your losses.
The higher your leverage, the shorter your holding period.
How I came up with my stop-loss criteria — been doing this since 2017:
I set hard percentage-based stop-losses. Usually 1–3%, max 5%. Depends on market cap, liquidity, and how much of my capital I’m allocating.
If I go long on a crypto asset, I always hedge it with another asset. Usually within the same sector — things where unlocks naturally create a lot of movement.
Technical analysis vs. news/event-based trading — what’s more effective for short-term?
Both are important.
Events can be somewhat predicted. News spreads fast. Sometimes you see weird sell pressure, weird market reactions — that’s often the clue.
You have to manage risk. If you don’t understand the news, you’ll never make money.
Even top traders I know — the real ones — only make big money a few times a year. And it’s almost always news-driven.
A time I got wrecked.
During the Terra collapse, I was on a flight with no internet. By the time I landed, 14 hours had passed, and things were already down 40–70%. I immediately booked a return flight just to try to do something, but yeah… took a massive loss.
Cutting losses lets you reset. Otherwise you keep making up BS reasons to hold. Confirmation bias. Cutting allows you to see things objectively again. It's necessary for the next trade.
How do I recover mentally?
If I get a big stop-loss or miss the market view, I take at least 10 days off. You need time for your brain to reset.
The process of cutting losses is what matters.
If the market crashes and you take a hit, but you can sit back down without FOMO or panic — then yeah, you’re good to go again. Because big crashes create big opportunities.
Something people might relate to now — what do I do during sideways/chop markets?
I cut down on trading. I wait for confirmation trades. I think of this time as rest — to prepare for when the market does move.
You need to rest so you can catch the real setups when they show up.
Like back in April — I was barely sleeping, trading around the clock.
Advice for beginners:
Most advice is already out there — in books or YouTube. But here’s something practical:
When we trade, we develop good and bad habits. The good ones stick around because we try to keep them. But the bad habits — you need to deliberately kill them off, one by one.
That’s it!
Be fearless
Be freaking fearless
Because the reality is, people are going to try spread their fear on you
But remember, you were not born to shrink into shadows.
You were made to rise where others retreat.