If you can:
- Sit on your hands in a dry market
- Avoid sizing up too early
- Stick to your plan after taking a loss (avoid revenge trading)
- Not force trades out of boredom (or trying to feel productive)
- Take profits
Then you will be profitable
here is what is going on in the shitcoin market right now
all the volume and focus is on BNB when it comes to new pairs and shitcoins. it has basically been like this since ASTER launched and CZ decided to go full shill mode
the reason its like this is because a bunch of whales bridged over to BNB because there was a generational trade ( $ASTER ) where the hotball of money and opportunity was flowing after CZ endorsed it
people usually follow whales and the insane amount of volume, because..... they want to make money
solana has been plagued with PVP, vamps, multi wallets, etc... so people got tired of bidding stuff over there (for now)
here's what usually happens. whales and experienced traders will take the step to bridge and be early to new opportunities like BNB, meanwhile all the people who are comfortable trading on SOL or whatever will wait and fade it because they dont like change. then they end up chasing and being super late
if you missed all of the stuff on BNB, just use this as a learning experience to be open to new things and DONT be afraid to bridge to a new chain if there is money to be made EVEN IF its short lived
additionally, if you missed the BNB stuff please don't try to over trade on the chain you're used to unless it is very obvious narratives
the past 3 weeks the money flowed off SOL in a big way, and you can easily get chopped up trying to force trades when there is less money floating on that chain
even though we're in a bull market, liquidity is fragmented and people are ALWAYS going to chase where the volume is
keep in mind there will always be a "new thing" so don't get upset if you missed out on plays... tomorrow is another day
anyway, I hope this helps and I am here to try to help everyone in here navigate this stuff
perps tuh bagus buat compounding, jadi kalo kalian masih gedein modal ya memecoin dulu aja.
agak gedean dikit, mainin tuh perps di @HyperliquidX or @Aster_DEX or @Lighter_xyz
nah kalo udah bosen pengen slow, maen LP aja pake @MeteoraAG
perps tuh bagus buat compounding, jadi kalo kalian masih gedein modal ya memecoin dulu aja.
agak gedean dikit, mainin tuh perps di @HyperliquidX or @Aster_DEX or @Lighter_xyz
nah kalo udah bosen pengen slow, maen LP aja pake @MeteoraAG