Your mindset is part of your edge.
Long term profitability comes more easily with optimism than constant pessimism.
If your TL and your thoughts are filled with negativity, it will subtly shape your psychology and make consistent execution much harder.
The volatility and rotations in an onchain trading environment are brutal and create one of the hardest, most asymmetric trading grounds for traders. They can influence your mindset faster than anything else, making you believe that everything is a scam, bundled, manipulated, or criminal and that it is everyone else’s fault that you aren’t profitable, but not your own execution.
This often leads into a death spiral of emotional overtrading, where you fail to acknowledge that your trading mistakes are rooted in your own daily decision making, creating constant negative thought processes about everything.
I was there until I realized that the markets and other participants owe me nothing. It is just me and my trading framework, which relies on positive thinking that markets tend to go up over time and that asymmetric opportunities will emerge somehow.
Try to think positive. The future is great and you will make it. Losing your port ATH doesn’t mean the trading journey is over, markets move in cycles, and it can swing back higher.
Focus
it would have cost you $4.4 million to buy 1% of the $USELESS coin supply just three months ago
today, you can buy the same 1% of the USELESS coin supply for $750k
as the wise Warren Buffett once said:
'Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble'
$USELESS dumped back below 80M, inside the dump:
• Retail net sold heavily
• Whales net bought
I’ve attached an all-time chart screenshot of USELESS, each green circle is when we saw this exact same flow pattern.
(long term retail selling, whale buying)
Every single time, price reacted viciously to the upside afterward.
1st time: ~80x (deep pullback -> ATH expansion)
2nd time: ~3x (shallow pullback -> ATH retest)
3rd time is now: ?x (deep pullback -> ?)
Let’s not forget USELESS has outperformed the blue chip meme market on every market-wide rally.
What do you think will happen here?
Personally, I think USELESS is 1 of the best R/R trades on the market right now.
Get access to whale/retail flow analysis like this in the replies👇
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It’s been almost two months since I last tweeted about $USELESS
Over that time, useless has underperformed BTC by 2–3x on the downside, becoming one of the weakest major alts. I know many holders are exhausted and have moved on. It doesn’t feel as attractive as it once did.
Yet I haven’t sold a single token. I’m still holding my long.
The past two weeks felt like spring in the trenches: MIA, SPSC, Ralph, then GAS and NPM. I traded them, held size, and believed the AI meme → meme supercycle might be restarting.
I was wrong.
In two days I lost over $100k, effectively donating liquidity to devs like @Steve_Yegge. It makes you wonder if any real hope remains in the Solana trench.
Still, I believe useless can make a new ATH and eventually reach a billion.
Watching GAS, NPM, and the endless trash coming out of bags only reinforces the truth: most of this market is useless. Crime repeats. Liquidity gets extracted. Hope gets recycled.
That’s why the “everything is useless” meme is so powerful.
useless was one of the best-performing memes in last year’s brutal market. It’s cheap again, but the idea is deeply etched in people’s minds.
@theunipcs keeps rotating his trading profits into useless. As long as he hasn’t given up, it’s hard to believe the story is over.
I hope the trench warriors don’t lose faith.
One day, useless makes a new high.
the latest @BonkFun update is incredibly bullish for the trenches
nothing screams 'pro-trenches' better than giving people multiple solid choices, including an option that ensure more liquid tokens as well as an option for those who lean more towards creator fees
and that's exactly what you get with the newly-launched BONK Classic Launches and BONKERS models!
LFG!