The best advice I've heard this season. Read it. Twice. Internalize.
#XRP #SUI #FLR
Alts season can be amazing or devastating...
First the tide doesn't lift all boats so asset allocation is crucial !
Second, remember it usually happens in rolling pumps on different tokens. FOMO at these times will kill, conviction pays.
What is conviction? Your token must outperform SOL, ETH and BTC to even matter, and it needs to have weekly charts that prove that. For me, SUI has a good chance and has outperformed this far. Your mileage may vary...
Time horizon matters too. You WILL destroy your capital if you flip around too much. There are near zero short term traders who actually accrue wealth in markets. It's an engagement trap on X. The richest crypto investors I know found BTC, ETH and SOL early ish and did nothing but hold.
How to know what to hold? You need to be able to prove network effects over time. Growing number of wallets AND growing total amount transacted on network. An early look is growing number of dev. It also needs to persist over time.Again, another reason I chose Sui but your mileage may vary ...
Finding the right token to hold is the entire game. If (insert your bag) is not outperforming BTC, ETH, SOL or isn't forming a chart pattern that suggests it will outperform on a weekly times horizon then you are married to the wrong bag.
My bag is mainly Sui with ETH via NFT's and a smattering of others - XRP, DOGE, SCF, BTC and SOL
I'm a mercenary for my own capital and may switch at will, all of which will be flagged in GMI and possibly RV Pro Macro.
I will try to do my best and flag it here but subs get the full reasoning and early look.
I won't get the best performing token either. But directionally and risk adjusted I try my best.
This is the greatest macro risk taking environment of all time and crypto is the greatest trade of all.
Don't fuck it up.
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