Nah lol I'm gonna wait for a strong recovery otherwise I'm good with where I traded out

Been printing money with Tesla

sell

Sell

SELL

feeding this thread into an LLM to see who the best trader is

What is the timeline of the waves?

That pattern might have applied four years ago, but things have shifted.

Wave 1 – Crabs at the old high (which was basically $10K, ignoring the random $17K blow-off top). BTC is too large for a blow-off now, so a 2024 crab phase makes sense.
Wave 2 – Bitcoin makes a crazy new high, alts are just getting started.
Wave 3 – First insane altcoin run, Bitcoin makes a slightly higher high, then everything crashes.
Wave 4 – We run back wave 3 on turbo mode, but it ends the same way.
Wave 5 – Final massive bounce, but no new highs for BTC.

Bear market.
Back to wave 1.
That cycle worked before, but Bitcoin’s price movement has become less about this structure. The halving still cuts new supply, but the shock isn’t as strong anymore—now ETFs are absorbing supply instead. If we did follow this pattern again, it could be the last time, and the structure might end up looking different.

Altcoins have become increasingly meta-driven since 2021, and platforms like Pump.fun have only amplified that trend. Instead of everything pumping at once, we’ll likely see different sectors pump in distinct waves—similar to what happened in 2021 but in a more extreme way now.

Which is ironic because the best pump fun memes have been the ones where devs sold early and there were little to no clusters / bundles.

All these presidential memes were in an 80% cluster and people still had the genius idea to full port their liquidity into them just to get rugged and nuked all the other memes and A.I. coins in the process.

Pumpfun defo inflated everything but I wouldn't inherently blame them, it's the people who have abused everything, the snipers, the KOLs who inflated / promoted coins for a piece of the pie, the presidents, the celebrities.

Like you say no one trusts anything anymore, hopefully it will just all go back to L1s and DeFi when liquidity comes back, as long as there are projects without VCs.

Curious what multiple or % profit did you leave with?

around 3x. i'd been mostly in sol so I watched my portfolio go down from like 5x over these past few weeks until I finally pulled the trigger lol

hyperliquid was my other main position and thats still holding up well. if that starts shooting back up i'll look to buy back in

I’m getting f***ing killed. I am bad at investing

Trump administration at least made sure their trade war bullshit crapped out early instead of the second year. What a f***ing mess.

I don’t disagree that a lot of the blame falls on the people buying these scams—and even more so on the KOLs pushing them. Pump.fun wouldn’t work without a constant flow of money feeding into it. This a two way street.

Yes it is ironic that the dumbest/simplest coins perform the best, but it makes sense when you realize no one reads beyond a single sentence. DEX paid? Dev sold? Moon incoming! That’s all people need to see. No one even tries to build anything real in these spaces because the only thing that matters is dev doesn’t own supply = bullish!

Because of this, I think 2024 memecoins will have way less staying power. We’re not going to see many Floki or Shib-type coins still up years later because there’s no real incentive for anyone besides the biggest holders.

People bought into obvious scams with no white paper, tons of non-vested coins—enough to FSH any chart—and then acted shocked when they lost everything. I don’t even know what to say for them. You could pull up a bubblemap and see the scam unfolding. But there just seem to be too many people in crypto who don’t understand much. Everyone’s on Twitter trying to copy trade their way to retirement.

Yeah, hopefully, the projects that have held up the best, still have a community, and actually have people building—whether it’s L1s, L2s, DeFi, etc.—end up pumping. Crypto needs to stop endlessly chasing scams and start rewarding real innovation again.

I need more money to light in fire

This is all crooked Joe Biden fault

I just can't stop buying Ethereum whenever it drops, maybe I'm tarded but I started buying at $20 and sometime it goes sideways or down for years but then it goes up a lot fast

every time eth starts looking good the market dumps. crine

trash ass coin

Nice little bounce. Sol long at 128 is cooking

I agree, especially with the last paragraph.

We've gotten so far removed from what crypto was actually made for - putting the power back into our hands, deregulation, decentralization, etc.
It's gotten so ridiculous that people are calling for KYC and regulation on everything because of scams and memecoins, but that's literally the opposite of what crypto stands for.

If you want to gamble, go into a f***ing casino. Get into crypto because you find projects and products that you actually believe in and see some value in.
Hopefully this wave washes away all the dumb s*** and we get back to what this space was about just a few years ago.

WERE BACK!

Sweet, about a 3x is the same for me.

And funny you say that, I'm also in both of these. sol dropping is annoying but fairly confident it will go back up.

Hype is my biggest bag and good it's been holding up even with the bloodbath. All the other risky plays I left into stables.