CT has this weird parasocial relationship with anybody who doxxes and attaches their face to their content/trading, rasmr streams every day & puts his own capital behind his trades, there should not be any animosity towards someone who puts in more time than 99% of ppl here and is transparent + willing to do content that is actually digestible for your average person to understand
part of the reason crypto has such a bad reputation is because substantial portion of CT is just racist anons who speak poorly of anyone new coming into the space
"Put 50 niggas with networths ranging from $0.50 to 30 million dollars scanning funny cartoon coins in a telegram group chat all day.
I wanna see what happens."
- God
An organic meme with a die hard community and zero catalyst is the dream
No catalyst means no one is holding it for an event
They're holding it because they believe
That's the rarest thing in the trenches
Never fumble that.
i will not overtrade, chase & pursue the next 100x
trying to time it will result in pushing it farther away
i will attract the 100x, it will come to me. when it is destined, my hard work will pay off & the universe will reward me, putting me in the right place at the right time
Last year I lost all of my money in a coin called chillhouse. I reached out to people in the chillhouse telegram, just looking for someone to talk to. One guy responded and I spent an entire year pouring my heart out to him. He ended up scamming me for 18 dollars last week.
5 days into CTโฆ 5 things iโve noticed/learned
1. You can build real community here if you show up.
- lurking/liking posts is not enough. you have to show up and let your voice be heard. in doing so you will find your people and build your community which is so important in this space
2. Iโve learned more here at such a faster rate than any youtube video/ tiktok
- since social trading is becoming a thing. i am able to see the names of top performers and then check their X and see how they think and what their mentality is like. many even give insight to the systems they use to stay profitable.
3. Mentality will take you further than money ever could.
- is having a large port and winning PnL amazing, yes. but you can lose it all in an instant and at that point all you have left is your mindset and will to keep going. win / lose itโs on you to get up and try again.
4. Conviction is everything!
- conviction when you win proves to yourself that you were right and restores a sense of self belief. how you adapt when your conviction was wrong exposes the strength of your will.
5. Showing up daily regardless of the outcome really does pay off
-profound ik.. but itโs much easier said than done. traders who kept finding their way back to the charts after devastating losses have a true heart for this space. theyโre not moved by the dollar sign attached to their portfolios, it stands as their badge of honor for the countless hours we arenโt privy to.
here's how i personally navigate the onchain market in a bull:
1. there are obvious spots that have momentum, good narrative, and grind higher (pve, leaders)
you want to be in these spots and hold with decent size relative to your portfolio
2. there are other spots that require a narrative formation or have a lot of "what ifs" attached to them
these are usually noise and people farming you (pvp, take advantage of you thinking about making higher multiples if you're desperate and/or at lower port value)
my job is to have good exposure to coins in section 1 and to do my best to avoid any coin in section 2
if i have a gambling urge and want a quick flip, i go for subnarratives (ie. riding the wave of a trader who has momentum and the attention/spotlight on them)
you need to make your way of thinking and system as simple and as clear as possible
you do not want to blindly throw money around at anything shiny
less is more, especially when it comes to clicking
think, watch, build a thesis, have conviction, have invalidations, and be intentional
every cycle they say "holders never win anymore"
every cycle it's the holders who end up having won the most
see you onchain
one life, it's worth an attempt