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Kyle
@zeroxkyle
discretionary investor | sub for investment analysis research @defillama | prev. @defiancecapital @artemis not financial advice
Joined November 2015
267 Following    61.2K Followers
btw pro tip for the new guys: during a bull market you should actually be doing *less*, not more by over-rotating on your positions trying to catch the latest thing, or worst still, chase what is pumping, you mathematically erode your gains ex: → you hold $10k of token X. it doesn't move for weeks → you get bored, sell it, and buy token Y, which is already up 50% → Y goes up another 10%. you're at $11k. you feel smart. you don't take profit → Y cools off and drops 27% from the top. you're now at $8k → meanwhile X, the token you sold, finally runs 50% if you had done nothing: $15k because you "did something": $8k. 7k gap from one rotation, and a +25% to get back to where you started in a bull market, the most important thing to do, is sit on your hands. ideally you should have planned, allocated, and all you have left to do now is to hold.
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