Don’t forget that your job is to extract money from markets.
The market now is showing several signs of a mania phase, but the problem is the market has evolved. We’re no longer pumping random coins, and historic coins like in previous cycles. The supply of coins from Pump.Fun is high, and the way in which the market is interacting & engaging in them (including a lot of retail by the way) is very similar to mania.
So two things to take from this: 1) Evolve, the market isn’t the same as it use to. It requires you to be in the trenches buying hippo coins & dog coins & cat coins & memes. You can make a lot from a little if you learn the game 2) Extract money, regularly be taking profits. The market has basically gone up only for 2 years in a row. The market might continue to go uponly (it might not), but make sure to be taking profits where appropriate.
The goal of this market is to solidify yourself, your life, your friends, your family. You can’t do that if you don’t eventually TP parts of your portfolio & buy real world assets or yield bearing assets. This is important, don’t forget it.
The market now is showing several signs of a mania phase, but the problem is the market has evolved. We’re no longer pumping random coins, and historic coins like in previous cycles. The supply of coins from Pump.Fun is high, and the way in which the market is interacting & engaging in them (including a lot of retail by the way) is very similar to mania.
So two things to take from this: 1) Evolve, the market isn’t the same as it use to. It requires you to be in the trenches buying hippo coins & dog coins & cat coins & memes. You can make a lot from a little if you learn the game 2) Extract money, regularly be taking profits. The market has basically gone up only for 2 years in a row. The market might continue to go uponly (it might not), but make sure to be taking profits where appropriate.
The goal of this market is to solidify yourself, your life, your friends, your family. You can’t do that if you don’t eventually TP parts of your portfolio & buy real world assets or yield bearing assets. This is important, don’t forget it.
