Matt Bryant🛸

I like the evening better than the morning

[Matt Bryant🛸 @CryptoI87197941]

$STRK only go down

[Ansem 🐂🀄️ @blknoiz06]

oh no

[Matt Bryant🛸 @CryptoI87197941]

@Gif_Solana Cv4f5uajDCgFSG5fBdH773FuxPetxu4AZ5Kx2PyT3zaq

[Crypto Koryo @CryptoKoryo]

Let's talk about narratives.

Here are the weekly best/worst performing narratives of 2023 in one image.

I find it very informative and I've seriously leveled up my game as a narrative trader from this.

Here are my top 10 takeaways:

1️⃣ A narrative can't be THE top performer for more than a month.

2️⃣ Top-performer narratives will usually be the worst performer within a 2 months window after it reaches peak euphoria.

3️⃣ New narratives tend to outperfoorm (Meme 2.0, Telegram Bots, Friend Tech)

4️⃣ Established narratives with good tech and pmf might perform well but are rarely The top performer narrative (alt L1s, L2s, Perp Dex, etc.)

5️⃣ More sophisticated narratives are rarely among top performers (privacy, options, LMs, etc.)

6️⃣ New trending narratives tend to do well for 3 to 5 weeks. Taking profits too early is a mistake.

7️⃣ New trending narratives tend to not do well after 5 weeks. Not taking profits is a mistake.

8️⃣ With good knowledge and experience, it's not hard to focus on the 20% of the most promising narratives. (Game-Fi will have its time but it' won't happen in 2023). Timing is the key element.

9️⃣ Fading a new narrative at an early stage is not worth it. Optimize for RR instead of win rate.

🔟 The initiator of new narratives often continue to dominate for longtime (PEPE, Unibot, Friend Tech) and should not be ignored with "I'm late to this" mindset.

Bonus. Regularly checking my narrative dashboard is a highly profitable strategy for any narrative trader.

https://t.co/bIHi3zNqPo

Note that these are my takeaways from what we have seen in 2023. In a bull market things might be different.

[etherscan.eth @etherscan]

Did you know? 🤔

Transactions on Ethereum are considered finalized when included in a block that can't be changed without 1/3 of all staked ETH getting burned

Let's learn how blocks achieve their finality status 👇

1/6

[Matt Bryant🛸 @CryptoI87197941]

I'm learning about decentralized governance tokens in Layer3's latest Quest! https://t.co/FTbSjZogox

[Matt Bryant🛸 @CryptoI87197941]

I just learned about Layer 1s in @layer3xyz's Crypto History Quest! Check it out: https://t.co/TvwjhrG3DY

[Layer3 @layer3xyz]

⛓️ CROSS-CHAIN MANIA 🌉

Complete our final Quest with @BungeeExchange to qualify for an exclusive NFT reward!

(Note: You must have completed the previous 3 Bungee Quests to qualify)

https://t.co/5dF69M7YNT

[Monerium @monerium]

🙏 Thank you @ggglni for your excellent post on what we are building!

TL;DR Monerium provides

➡️ Regulated euros
➡️ On crypto rails
➡️ With on & off ramp

🎯 And like the Roman god Janus to future & past, we look to both #DeFi & #TradFi.

[Matt Bryant🛸 @CryptoI87197941]

I just learned how to swap with @Traderjoe_xyz in @layer3xyz's Swapping on AVAX Quest: https://t.co/QOWhY2R8lM

[Matt Bryant🛸 @CryptoI87197941]

I'm learning about the basics of Bitcoin and Ethereum in @layer3xyz's Fundamentals of #CryptoHistory Quest!

[MoonRock Finance • Crypto Index Tokens 🌔 @MoonRockFi]

1/ MoonRock Finance's product suite is now available on @Arbitrum (💙,🧡). Users can trade LSETH, CPI, and JPG with ultra-low gas costs and near instant order fulfillment. https://t.co/pkbccRevEX

[Matt Bryant🛸 @CryptoI87197941]

I'm learning about the basics of Bitcoin and Ethereum in @layer3xyz's Fundamentals of #CryptoHistory Quest!

[Matt Bryant🛸 @CryptoI87197941]

I just got some agEUR from @AngleProtocol via @layer3xyz's Intro to Angle Quest: https://t.co/KdzbDnEJGz

[Layer3 @layer3xyz]

Go bananas for ApeSwap 🍌

Experience the power of @ape_swap's T-bills in our latest Quest!

Plus, receive a special NFT for swapping $25 or more:

https://t.co/E2k21U9Kil

[Matt Bryant🛸 @CryptoI87197941]

"GM"

[Matt Bryant🛸 @CryptoI87197941]

I just became a liquidity provider on @Uniswap via @layer3xyz's Intro to DeFi Liquidity Quest!

[Matt Bryant🛸 @CryptoI87197941]

I just staked ETH with @LidoFinance and @Balancer in @layer3xyz's #StakingOnArbitrum Quest!

[Matt Bryant🛸 @CryptoI87197941]

I just learned how to make my wallet more secure through @layer3xyz's #CryptoSafety series: https://t.co/E7CPfrtOlP

[Matt Bryant🛸 @CryptoI87197941]

I just explored NFTs on Avalanche with @joepegsnft in @layer3xyz's Quest!

[Matt Bryant🛸 @CryptoI87197941]

I just got some MATIC on @0xPolygon's Mumbai Testnet! https://t.co/KY8SI6IsLg