Definitely needed to read this 😅. Another thing I learned (but don't always practice) and wanted to add regarding maintaining mental clarity is that it's important to be cognizant of the information asymmetry, and that just because you saw a coin at 100k, or 1M, doesn't necessarily mean you had all the information necessary to make a +EV bet. Perhaps more information was revealed to you at 5M or even 10M, such that the bet finally became +EV. There's no point coping about how early you saw the coin, especially if you stare at memescope all day, since you did not have the information that would have allowed you to act when you first saw the coin (unless of course you're just completely gambling). Both of these are definitely things I need to keep working on!

Another thing I've been struggling with a lot has been where to TP. I often find myself able to trim initials close to the top, but it hurts to sell more than just that, which as caused me to roundtrip so much money. Something that I saw recently that's helped a lot is one of the clips from Rowdy's interview that he did and point he shared about how if nothing has fundamentally changed about your thesis, you shouldn't change your TP. Great example of this is how I managed to sell initials of Jelly at ~200M, but then wanted to hold the rest for ~500M, because everyone was saying it was going to flip Vine. 250M would have been the perfect sell (obvious in hindsight), as no new information really came out about Jelly being so revolutionary that could give it the sustained legs to run to 500M — if anything, I should have sold even faster because everyone knew how bad the app was.

this is the clip btw

Well that’s obviously Ben’s broccoli that was bundled 80%, which is different from the “bundled” broccoli which is actually the OG community broccoli, which is different from the “community” broccoli, which is actually moneylord’s cabal broccoli, which is different from the “cabal” broccoli, which is actually the Chinese broccoli

Got pretty rekt on the Libra trade, probably my biggest loss so far, don't really feel tilted, more so just disappointed in myself for the poor execution. Just wanted to take this opportunity to reflect on some more sobering aspects of the market, and use it as a serious opportunity to grow as a trader. I actually had an insanely good first entry, but didn't size as well as I would have liked to; hesitated way too much and then fell victim to the classic trap of buying on the way up.

If I had just slammed exactly what I had want to, or been happy w/ my initial sizing, I would have definitely at LEAST taken initials out at ~3.5. Other main issue was falling victim to the echo bull chamber. This trade there was a lot more information asymmetry, but not a lot of execution asymmetry — all the big players knew exactly what to do and acted accordingly, and kudos to them, whereas on Trump and Melania, there was a lot more hesitation, but most people I know who were in the trade essentially bought the entire bag they wanted w/in like 5 minutes.

Another big takeaway for me personally was something a friend shared in DMs about how group chats are a great place to pull objective data, but when a trade is ongoing, it's probably better try and take a step back and not get sucked into the bull echo chamber (i.e. always sell at least some during the slash spam). This is definitely still something I have a huge ways to grow, as I still find myself being influenced by external confluence a little too much. Hope no one else got extremely rekt, although based off the PA something tells me most people did 😔

Also want to add that if you also got rekt, probably a good idea to take a break and not revenge trade anything.

Something that's becoming increasingly apparent is that if you see the same information circulated in >1 group chat, you are the EL

I think they can open up a donut shop after the amount of glazing that happened at the crypto summit

Don't let the sidelined KOLs psyops you out of your main bag, not saying to hold to valhalla or anything but don't just FSH your bags of the MAIN RUNNER to chase some deriv that's being shilled by KOLs who are clearly sidelined on the main runner

Also I'm not saying to NOT buy derivatives, you can def cook on them especially if you get in early, just don't nuke your position in the main runner to CHASE derivatives. Either the derivs top the entire meta, or there's another leg to go

Removed comments because there were too many annoying shillers

Think we're gna get some real juicer(s) in the next few days if Trump doesn't flip flop for the 50th time

let's bonk.

also GGs to the housecoin believers, i lost belief along the line sadly...

truth terminal of x.

CT KOLs begging you to buy their beta coins just so they can buy the main runner on a dip

wow guys is gork real?????

the main KOL hasn't even taken his daily ketamine yet

wait anon, you didn't buy the right amount of the right coin that the right KOLs bought after colluding with the right cabal with the right ticker on the right launchpad using the right trading terminal? NGMI