as a crypto OG, I agree with a lot of this. Many of my old trading friends from the class of 2017 never got onchain, they continued to believe in alt seasons, and failed to adapt to the conditions/environment. You must stay dedicated and sharp to keep your edge in this game.
I've seen a lot of crypto OGs complain that this was the 'hardest' cycle ever.
No, you just have a skill issue.
The meme supercycle theme was easy to spot in fall 2023 after Wif launched.
From there, trading SOL meme launches and taking profits to Bitcoin was the play.
Meme conviction plays became obvious, and consolidating your meme trading to the winners was the next move.
As long as you could spot the winners, that is.
The hype trade was also painfully obvious.
Throughout the cycle, there were also tons of opportunities to cook on random things like BTC alts, info-fi, airdrop farms, and more.
The reason so many had a tough cycle is that you had to actually use your brain and be able to identify the best opportunities.
The way it should be and will be from now on.
Gone are the days where 700 different ghost-chain alts go up 500% for no reason.
Being 'early' doesn't matter anymore.
Being smart does.
FYI, I guided you through the major themes of this cycle at every step of the way.
So what are we doing now????
- Keep DCAing Bitcoin.
- Keep DCAing hype.
- Consolidate into the winning multi-cycle memes.
What are the winning multi-cycle memes????
Fartcoin, Pengu, Moo Deng are my favorites.
Less is more at this stage in the cycle.
Don't overtrade and don't chase meme launches.
They all end badly now.
Ok, I hope you're having a good cycle.
Unfollow your favorite CT OG.
They're washed.
Keep your timeline as current as possible - winners only.
Thank you for reading.
- Kook
27
15.99K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.