1 mistake I've made in the past is getting married to trade ideas and not being able to take the loss. $PUMP is a good example of a coin where I think it's *much* better to buy it on the way up than try to knife catch on the way down. It's too volatile and, while it does have good mind share, I think that it needs extreme capitulation first to wipe out everyone. I'm done with this coin for now and I'm happy to buy it after it makes that first 50% move up and hopping on the train then. Until then, I will simply observe
current active bags:
Fartcoin perp long
$BNB
Current inactive bags:
$BTC Fartcoin
Coins I want to buy:
$ETH
$PENGU
$ENA
$SOL
More looking to bet on bigger caps on a dip for now
home tomorrow, right at the (probably) tail end of this current run. wouldn't be surprised to see some cooling off for a little bit. not in any way saying that the top is in but could see some small pullback/chop for a lot of these shitcoins. Overall pretty happy w. how I did on vacation but still could have been better (aka not traded pump).
trading groups that promise '+$300 per day' or whatever type of random system is dumb as hell and not realistic with how good traders operate. Most traders I know make a lot of their gains in a small window of time (aka the last 3 weeks) and chop the rest.