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I want to see crypto get a larger sustained rally here
but even if it happens, it will still require a particular skillset to make something out of it
asset selection is crucial
most peoples complaint with the previous cycle is that only a small selection of coins actually ran hard
but that’s the same story as recent cycles
in today’s market, 10,000 new coins are created each day, so that will only become more true over time
only the people that choose the right assets to trade in the first place will even give themselves a chance at capitalizing on a big run up
asset selection is deceptively simple, and also the easiest thing you could apply as a discretionary trader to inherently boost your chances of ‘getting lucky’ in this market
you follow strength.
you stop ‘fading crowds’ just for the sake of being contrarian.
pick your assets wisely, they will eventually be obvious to you, because others will talk about them almost exclusively over time (you saw even the worst traders ever discuss HYPE at some point on its’ recent run up)
this is not a “rising tide lifts all boats” situation like it was in 2017
those days are behind us.
adapt.