We go from 100s of millions in liquidity to 100s of billions at the top of a cycle
A rising tide lifts MOST boats except the ones with holes
So setting up to ride the meat of the move comes from low tide to high tide not from jumping wave to wave
A rising tide lifts MOST boats except the ones with holes
So setting up to ride the meat of the move comes from low tide to high tide not from jumping wave to wave
(Excuse terrible drawings)
This is how most play crypto-They see an uptrend break which they buy and it goes up more - They feel like a genius and everyone piles in then weirdly price drops, they think its a dip but then when price goes below entry they think its hype and sell
This is how most play crypto-They see an uptrend break which they buy and it goes up more - They feel like a genius and everyone piles in then weirdly price drops, they think its a dip but then when price goes below entry they think its hype and sell
Good positioning looks more like this
You buy low when downside is limited and across the cycle you get multiple opportunities to exit without having to catch the top
In this situation conviction doesnt just come from the play buy also in the process of catching higher liquidity
You buy low when downside is limited and across the cycle you get multiple opportunities to exit without having to catch the top
In this situation conviction doesnt just come from the play buy also in the process of catching higher liquidity
This is why you setup a process with multiple equal size bets outside of core BTC early and then let it play out
Some boats will have holes and sink but overall you will be well up
If you chase the pumps you will be up long enough to brag on CT not long enough to make money IRL
Some boats will have holes and sink but overall you will be well up
If you chase the pumps you will be up long enough to brag on CT not long enough to make money IRL
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