This is a super tricky market to navigate right now. Some random thoughts/observations (some may be helpful, some not): - Most alts are underperforming, the temptation to rotate into winners is high - Issue is rotations are quite quick (look at how fast $PUMP retraced), even $ENA which was strong for weeks is now weak - Hard to hold a big spot altcoin portfolio now due to dispersion - odds are stacked against you the more tokens you hold - conversely, odds are still stacked in favour of those able to find information/speed asymmetries (ASTER was a classic example) - Best strategy these past few weeks has been to position in stables/BTC as a "base" asset and take higher conviction plays - more and more my strategy has skewed towards this throughout the year (and especially over the last quarter) - Airdrop farming is also (incredibly) back, some of my good friends are set for $1m+ airdrops on Lighter and potentially Aster - spending time there has been +EV - BTC/ETH look weak, hard to...
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