🧵Here are 7 rules that I put in place to avoid it

2023-24 was a major W

- Successful mid/low cap inflows in Q4 2023

- Exchange SOL memes early and earn hundreds of thousands

- Qualified for most airdrops from multiple wallets

But the PTSD of 2022 has taught me: you can lose everything at any time.

Anti-rect rules I implement:

Don't throw away your belief chips on the first dive.

In 2021, holding BTC on ATH meant lasting: -31%, -25%, -26%, -49%, -25%.

Set your goals, know the cycles and learn patience.

[Take profits aggressively]

90% of today’s “shiny” coins will drop to zero after the bull run.

You won't sell at the top.

Take profits on news, upside, new ATHs and after 2x, 5x, 10x.

You may not sell the whole bag at the top, but this strategy will save you losses of -99%.

[Trust your own judgment]

Don’t blindly follow calls or FUD on social media.

Callers may be misleading and the FUD may be unfounded.

Rely on your knowledge to increase your win rate.

[Cut Losers]

If a coin continues to underperform, rotate to the winner. Don't marry a bag.

This cycle is different: not all old coins will pump again.

The only way to play well is to shamelessly discard the underperforming chips.

[Mastering cryptographic cycles]

The tokens won't last forever. Learn when rotations occur.

Most of what is happening now has happened before.

Take your profits 1-2 months before the crowds.

Better to miss 2 extra times than to get destroyed by -90%

[Play spins correctly]

If memes are the NFTs of this cycle, trade memes.

If Cat Coins Pump, Trade Cat Coins