This cycle has actually been quite tough so far.

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If you feel like everyone around you is making money and you aren't - don't be fooled.

If you're struggling then you certainly aren't alone.

🚫 Most altcoins have underperformed vs Bitcoin.

Only select narratives have been outperforming (memes, AI, RWA etc. - most utility/infra plays have barely moved this cycle). This has made it extremely tempting to reallocate capital - but this constant narrative hopping can be detrimental.

Even rotations within those select narratives have been hard to time - usually resulting in the whales significantly outperforming and betas hardly catching up (and drawing down harder on retraces).

And even with memes, outside of the majors - it has largely been the "throw a dart and hope" approach that has exhibited efficacy unless you're full time degening.

✅ However, what can YOU do to increase your odds of success?

1. Trade less. Prioritise high conviction trades, and sit potentially if there are no attractive opportunities present.

2. Prioritise sector whales > betas. If a narrative has staying power - you can catch a late rotation, but leading with beta exposure hasn't been effective this cycle thus far.

3. Use periods of apathy to master your craft. During bull mania, it's hard to focus. Sideways/boring conditions are a blessing as it gives you a chance to research, plan, and upskill with less distractions.

There are still endless opportunities in this space, but I wanted to remind you today that if you're NOT finding them - you're certainly not alone. Despite what many "influencers" may have you believe, this cycle has been challenging for many.

#bullrun2024📈📈 #altcoins #BlackRock #ETHETFsApproved #AirdropGuide