"Since pnut can flip FTM easily, I'm swapping my FTM

to pnut and hoping for a easy x5-x10"

Perfect recipe for disaster.

NFA but chances are, you'll end up as exit liquidity for the ones who bought in early on luck, insider knowledge, or pure chance.

They’ve seen their coin shoot up 1000x with zero long-term fundamentals.

And are now unloading millions into FOMO by late retail.

To everyone feeling FOMO or FEAR now:

In crypto, the narratives change every few weeks or months.

You are most likely not invested in all.

So there’ll always be times you feel you bet on the wrong story.

It's part of the game.

Before you make an emotional chasing chasing a narrative, ask yourself:

- Are you a gambler (which is totally fine) or an investor?
- Am I significantly increasing my risk and am I aware and ok of it?
- I am feeling FOMO = I am late. The narrative has played out. The big gains have been made.

Memecoin investing can work.

Just be sure about the risk:

Statistically, 2% make money with them.

98% of investors lose out.

98%.

Of those 2%, a lot make small gains, some do well.

Only a handful hit the jackpot.

Those are the stories you hear about.

Keep in mind — it’s important: Separate gambling from investing

If you feel attached to both strategies:

Build a solid, long-term portfolio to ride through the bull market.

Its your backup.

Coins you dont touch.

The portfolio that secures you a nice profit and makes you one of the winners.

And a separate, high-risk memecoin portfolio.

Why?

It keeps your risk from getting out of control.

To all new crypto investors: If you are stressed out and feel like your are about to fully rotate your solid portfolio into memecoins, ask yourself:

- Is it smart to buy into memecoins at peak hype after they’ve already 1000x’d?
- Is it smart to believe that the industry is only about BTC and memecoins?
- Is it smart to think altcoins won’t pump while BTCD is at its cycle high?
- Is it smart to think believe alts won’t run at all, when, historically, the run tends to start in the next few months and while TOTAL exkl. top 10 vs. BTC is at its cycle low?

What you’re seeing with the memecoin hype?

Its not the signal that the bullmarket is not coming for alts.

It’s the signal that its coming.

Why?

Memecoins pull retail investors back into the market.

But just like every hype, this hype will run out of steam.

And the smart gamblers will rotate their gains in solid projects.

Well, this is where we are sitting.

Ahead of them.

Waiting for them.

This is YOUR chance of being early.

You’ll then sell later to those with FOMO.

On top of the hype.

Because they missed the L1 narrative.

Or Sonic.

In general:

If you don’t believe in your LT-portfolio, you’re susceptible to short-term hype.

You’ll likely fall into FEAR-SELL and FOMO-BUY behavior.

Which means you’re chasing the market (= bad).

If that’s you: shift your mindset. Your coins. Or your trading-strategy.

Remember: the final risk-reward-score gets tallied at the end of the bull cycle.

Most FEAR-sellers and FOMO-buyers will end up among the losers.

Just like last cycle.

And the cycle before.

And the first run in 2012/2013.

Nice long essay,I'm just kidding about swapping hope you not serious about this essay also😂

100% that newbies read it and swap as they are scared as fuck and FOMOed as hell Happens all the time

No newbies here except 4yrs dips buyers only ,relax

Good one :)

superb screed , keep 'em coming.. its good to be reminded of the fundamentals when hysteria is high

Thanks! Though I know for some it might be a bit long – kind of like the email from your mom that you scroll past but secretly read all the way through.

It's not long at all, thanks for your contributions.