What I call ‘playing offside’ will forever remain one of my favourite onchain strategies

Essentially it’s avoiding/selling where peak attention is and instead parking your capital where attention is not
For example in the lead up to the pump ipo everyone loaded pump memes, the whole tl was filled with thoughts and tweets about pump. It seemed so easy and obvious. Too obvious. The real move was to load bonk plays which went off to pull big multiples (Gp, Useless, Hosico etc) whilst all pump plays sold off and pump itself flopped hard. It seems easy looking back now but at the time very few managed to not get sucked into the pump hype and euphoria and execute this.
More recently it was the base tech hype. Load of base plays pulled big multiples, timeline was filled with people saying base is the future of tech and crypto. Again, the real move was to load Sol utility plays which were made to look incredibly cheap after the base tech moves and have gone on to pull multiples whilst base has mostly sold off.
Generally speaking this is a pattern which always repeats onchain and you can make money from it no matter the conditions. Most commonly it’s a cyclic rotation between ai + memes. Basically buy memes and sit whilst everyone’s talking about ai and they’re popping off and conversely load ai plays when everyone is talking about memes.
This current period will likely prove to be a great spot to add memes when we look back in a few weeks.