Trading reflections #2
Missed the runner of the day. Hesitated because of the launch FDV and faded. Need to dream more and think less about comparisons. Less is more.
Interested in $Pump again. Sold slightly aggressively on the way up last time but think this isn't a terrible entry point considering my time horizon. The team is still executing well. Buybacks are still flowing. People are bearish on the revenue side but it still generated $50M in revenue over the past month.
Don't think $Aster is done yet and sort of glad CT is fudding it now. Still holding what I have left as thesis still stands. I genuinely think it will try to aim higher for the memes but will take the rest of my profits if I am invalidated.
Everything else is flat. Took some small losses as the market doesn't look great. The fact that BTC retraced the full candle after a large liquidation is not a good sign.
Time horizon matters here. People have become more greedy and short sighted with leverage that being able to hold great assets for longer is an edge now.
@trylimitless will be an interesting launch I am watching. The meta seems to favor new high profile launches so keeping an eye on this.

Note: I hold Pump and Aster
Note: Views listed are my own only. I hold Pump and Aster
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