Let's talk about $TRUMP & $ASTER
At the time of launch, they were HIGH conviction plays.
You'll think to yourself, the next time there's consensus around a high conviction play, I'm going to put a lot of size into it.
The problem with this is you're thinking about the two best examples.
There have been countless coins between $TRUMP and $ASTER that people had equally the amount of conviction in.
Those coins have been down only shortly after launch.
Learn from the launches.
You still need a process for risk management. It can't be blind conviction.
The goal is to have controlled exposure backed by a repeatable system.
Don't just remember the winners. Study everything and develop a system.
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