theres 4 levels here:
a. the market (BTC)
b. longstanding consensus majors (ETH, SOL)
c. potential top 5 candidates (HYPE, ZEC)
d. pure bets on protocol execution and success (UNI, LIT, VVV)
most variance lives in (d). this is also where the opportunity lies imo
a lot of crypto VCs are having to either:
1) start investing outside of pure crypto
2) allocate more to their liquid books
most will have an easier time with 2) than 1) imo.
because VCs are not liquid fund managers, they need to place bets that are “consensus” or easily defendable to their LPs.
therefore…
it’s so easy to fall out of routine and so hard to get back into it. this is my bull market reminder to mostly myself, but also everyone else to take care of yourselves.
personally been really neglecting my health, sleep, and exercise lately during this busy stretch in the market.
healthy mind, healthy body, healthy life!
dear @fomo top traders,
u are the new, up & coming celebrity.
ppl will make up parasocial relationships and narratives about u. some good, some bad, and some ugly.
embrace it and hold ur reputation above all else. its only the beginning.