blew 90% of my port and this cycle's gains, not afraid to share here's what happened thus far : - oversizing : got comfortable with a decently large port and started overbetting to match the holdings of people with much larger ports than me, usually ended with me selling at a small percentage loss in order to preserve the massive amount of capital (to me) that i put in, resulting in a slow, but sizeable, bleed in my port. - impatience : I would be up a solid 2-5x on a play that I thought would be a 20-50x, I'd see a slight downtrend and would take the minuscule profits in order to alleviate my worries. The coin would then typically do the 20-50x that i foresaw. - trying the cupsey method : I think every trader tried it, the new pairs method, but nobody I personally knew at the time really tried it like cupsey, the goal was typically to buy under 100k and pray for a couple mil or 8 fig MC. I almost always got burned or rugged. - borrowing conviction : there were a lot of times where I didn't develop my own thesis and I traded based on the conviction other traders had. 8/10 times that happened I would overbet and get SEVERELY burned with nobody to blame but myself. - no due diligence/copytrading : if I saw certain wallets buy I would blind copytrade and worry about due diligence later. I learned the problem with copytrading is that you typically know nobody's price targets and WILL get burned 9/10 if you're even SLIGHTLY greedy. - greediness : I would go up a substantial amount, 20-25x even on a coin, and I would say to myself but what if this is the 100x, what if this is the 1000x and it always resulted in me holding for giga long and selling at a loss. I didn't know when to close out a trade EVER, felt like I ALWAYS misplayed it. I've now officially made a bag and lost it, made a bag and lost it, made a bag and lost it, made a bag and lost it, and made a bag and lost it. I'm not bitter about it, I wasn't ready for that kind of money at the time anyway. Feels like I finally have woken up to the fact that greediness is what has killed me in every single scenario. So did trying to play the game like everyone else. I don't think I'm one of those traders that can sit at the screen and trade 50 coins a day and end up profitable, I think I'm more of a few trades a week IF THAT kind of guy (considering I almost ALWAYS have the right idea on which coins are gonna giga send over a few days to a week) Feels like I've tried to play the game everybody else's way, which was a complete skill issue on my part. Time to change it up and focus on my strategies and frameworks. Let’s run it back (and keep it this time) - OG

cryptos superbowl

Alon just said they’re focusing on the mobile app in order to onboard new users and they’re hitting ATH’s every day

Alon said pumpfun isn’t doing the airdrop soon but he’ll keep everyone updated. Where’s OUR money Alon ?? (I’m not getting an airdrop)

Every day there’s 100 million dollars stuck in this game we call “the trenches” everybody wakes up, turns on the game, and tries to take as much as possible for themselves. For some it means rugging, stealing, or risking your life savings. The point is EVERYTHING is PVP. Never forget that trading is a COMPETITION. Every DOLLAR you make is being stolen out of the hands of a multimillionaire or a nearly homeless man betting his last dollar. There is NO physical way to walk away from a trade profitable, without having sold into someone else’s buys. Play to win or don’t play at all.

if ThreadGuy drops a coin tomorrow on stream I’m full porting everything I own you can have my kidney and my left nut big bro

Alon’s first interview since the PUMP launch. tomorrow.

got an insane idea for a stream gonna be running it next week should be the coolest shit I’ve ever done lmaooo