hear ye hear ye

in hindsight this was one of the best decisions i've made this cycle so far, which was to rotate fully into memes after speculating it was gonna be a meme cycle

i think things would've been very diff if i didn't

also because i started w a very small pf this cycle

perks of a diary

in any case, always good to allocate a small % that you're willing to lose into memes

and as marginal buyers slowly capitulate into memes, maybe targets won't seem so unrealistic anymore

but tbh some targets on ct are ridiculous so manage your profit taking and set your own personal targets

though i don't show it often anymore, but when the meme mania settles, you'll see more of the old fundamental based dpycm again 😸

its just that the current market isn't rewarding a lot of fundamental plays rn

to quote a smart friend,

"if the meta is in defi and lrts, yes you bet your ass i will suddenly care about yield. but its not"

the market is always right and you simply align yourself to it if your goal here is to make money

lmeow

i added a bag of $rapr today to stake for 350% apr

i've watched it since $20-30 but chose to fade it cause i thought no one would be interested in yet another ohm fork

but it continued to climb steadily with uponly pa unaffected by market and macro swings

allocated what i am willing to lose if it unwinds

rapr chart

RAPRz9fd87y9qcBGj1VVqUbbUM6DaBggSDA58zc3N2b

somehow i feel like there is a good chance this happens

murad is sort of a beacon, guiding investors w no trench experience in buying his cult recommendations

price goes up and it becomes a self fulfilling prophecy from there

https://fxtwitter.com/jpeggler/status/1842333970475663551?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

general guide moving forward should be short cex long onchain

ofc not every cex coin, but should work with majority due to alt dispersion yada yada

what about retail accessibility if its onchain?
moonshot covers that perfectly, at least for sol side

you don't have to literally short too, just a figure of speech as to where to place your attention

will work with this in mind for now

imo cexs are having trouble keeping up w listing of memes and they probably have to clear strict guidelines before being able to as well

popcat is still NOT listed on binance spot at 1.2b

i'm sure they probably won't be able to list the next few upcoming 9 fig memes too, so onchain will be where the party is at

in the meantime, fundamental alts continue bleeding against memes

and with every fumbled launch (ie. eigen), participants lose faith even more and look toward nonsensical tokens instead

and due to the nature of onchain, i won't be surprised if there comes a day whereby cex alts are having a bloodbath but your cult coins push green

actually maybe it sort of already did happen, just not to a huge extent