I think a lot of CT is missing what's happening right now with $GOAT, and history can be very telling.
If $GOAT was any other random coin, I would've aggressively taken profits, or cut the trade - but I simply have not, and will not.
I've been around long enough to understand the ebbs and flows of the market, particularly around how "meta starter" coins can operate.
Study some of the below charts:
$PEPE ( @pepe ) - kickstarted a massive memecoin meta we're still in to this day - $1.8B+ initial run-up, long cool off, 80%+ drop, massive rip to new highs
$YFI ( @yearnfi ) - kickstarted the entire DeFi summer - $1.5B+ initial run-up, 80%+ drop, long cool off, massive rip to new highs
Numerous other people in this space such as @blknoiz06 (QT'd below making comparisons to $YFI), and @TaikiMaeda2 have made similar comparisons to $GOAT here with this AI meta.
If you want outsized gains, you need to be able to stomach these swings, and build/maintain your own conviction.
Attention moves quickly in this space, and people are chasing the next hot AI coin - understand where this all began - time will reprice things.
$GOAT is simply the most historic coin I've seen in a long time in crypto, and it's easy for me to maintain my conviction.
Malaysia's new stance on blockchain. 👏
The discussions were not about Binance but about the crypto industry and Malaysia, including regulations, policies, risks, and collaborations between industries and across national borders. Forward!
https://t.co/ppgrYA0ITH
Am as honest with my trades as I can be.
Accountability is what many lack, execution is another.
If you're struggling to make money in a bull market, grind harder and never give up.
-2m PnL lev slump recovered fully and now in profit (this is my 4th week using this lol)
It's easy to dunk on someone when price goes down and position is underwater, but when it's redemption time flex, they are all silent.
Fake sidelinorrr traders everywhere, focus on your game this cycle and block the noise.
Depth of liquidity, ability to stomach absurd sell pressure, provenance, historical significance, viral media coverage, battle tested time in the game.
Majors haven’t been kind lately, and a lot of people want to grave dance.
Many call it “the Bitcoin of AI”.
The “grandfather of the paradigm shift”.
Other coins can’t do this.
Doubt all you want, but I assure you I am not wrong about this trade - study unwavering conviction.
Big things are coming.
$GOAT
I would like to thank all AI coins community. The talks about AI16Z, FARTCOIN, and others flipping GOAT are actually giving more exposure to the leader.
And one of the reason GOAT pushing back up.
🐐🐐🐐