I truly think we are about to enter the unibot / pepe stage of memes similar to last cycle
not saying one is heading to billions in a week but I don't think we are far away from memes taking center stage again
the truth is even with all the bundles, chains, vamps, multi wallets, etc there is nothing and I mean nothing on the planet, in any asset category across any industry that provides the possibility of memes
you cannot put $100 into something anywhere else and make astronomical levels of return (6figs+). this is something I believe to my soul. if you don't agree you are lying. yes you may lose 99/100, even 100/100, but the one you catch the returns are so outsized if you told anyone outside of CT the money you've seen come and go out of thin air they would throw up.
the older guard (even before my time) always cried about memes, and memes had a way worse perception pre pump fun, especially on CT. 99% of these accounts who say memes are over now etc etc after pushing them for two years would have NEVER touched a meme on ETH pre pepe. these guys were pushing infra on you that is either obsolete, doesn't exist, or no one cares. they don't even realize that the trenches have always been the most important part of crypto. while 90% of these guys left when eth hit $900 some of us were still ripping it onchain on 15k toppers. never left the game and went ballistic in 23-25. They complained this entire time, they pushed failed narratives like gamefi, zk coins, etc and missed RLB, hype, friend tech, pepe, etc. see they don't understand that we don't care about anything other than the score. we don't need to hear about the state of the trenches from guys who bought btc in their dorm on post illadelph rip for $0.13. they don't get it, they never have, they don't even know the game.
they never saw KD drop 50 at rucker. they can't relate to what it's like to watch eth at $4K with a $500 port and praying to god that your next ape is the one. that they market doesn't top before you make it.
apathy has hit an all time high, once the think pieces start coming out you know it's time to head back to the trenches
it doesn't matter if its eth base sol hyperevm tron bob or ada onchain is always the place to be
the good thing about the kids streaming themselves ripping $20K profit on 10k market cap shitcoins is that they do not care what anyone else thinks, and CT sometimes needs to wake up and realize they are old, they are not the main character anymore, no one cares what they say
trenches never die.
this doesn't mean go rip all your bread into new pairs, but don't listen to the people who tell you that this shit is over they have been saying the lights are going to cut out for years now and guess what we are still balling
at least some of us still love the game.
The bear market is needed in every cycle to:
-humble you
-improve you (skill gap + risk management)
-zoom out
-a taste of how bad you want it
-make it all back
If you only show up when it is "easy mode" and quit during the hard times, how can you possibly "get better?"
Execute
I don't know who needs to hear this, but most things in life are way more achievable than you think. If you decide what you want, and go after it with full effort and intensity, the world will bend to your will far more easily than you might think. You can just do things!
one of the reasons I think people are frustrated with this cycle is because it isn't like 2021 where you could just buy ANY alt and they would all go up 2x in a week OR you could mint a NFT for $100 and instantly be able to flip it for $5,000
these days you have to fully understand where money is flowing and what the "meta" is at any given moment in time
at one point in this cycle it was gaming, then it was memes, then it was celebs, then it was AI, then it was internet capital markets, then it was streaming... and there was good money to be made in these times, but you had to get in and get out before the music stopped
meanwhile there are TONS of alts from 2021 that are STILL down 80% from their all time highs last cycle
I keep seeing people talk about there being "alt season" soon, when in reality there are "alts" that are running BUT it is only very specific tokens that come up and run every few weeks or so... and you have to identify them as fast as you can
so yeah I can see where the frustration comes from when attention moves from thing to thing so fast, most coins will have one run and then die forever with no bounce, and you have to be super tapped in to what is going on or you will get stuck in last weeks shiny thing
these days when altcoins / memecoins dump... they dump hard. you can be in a coin that has a $500 million dollar marketcap and then BTC will dump 2% and then that coin you're in dumps 50% in one day... it's absolutely insane
the days of just buying coins and waiting for the entire market to go up is just not here anymore because there are too many coins now and not enough liquidity or attention for all of them to pump at the same time
smart, savvy investors buy dips and compound their positions on projects they like
inexperienced traders FOMO buy tops and panic dump bottoms
nothing goes up in a straight line forever
in a bull run, however, strong projects likely trend higher for longer
dips are an opportunity for smart, high-conviction investors to compound their positions and increase their eventual wealth while weak hands stay on the sidelines