either deposit more liquid or sell some bags to get more liquid
so you can be more flexible with buying into obviously good spots & get big enough exposure to materially benefit from the meat of the move
w/ 13k liquid & goal of getting to 7figs, unless you get lucky you’ll just get chopped by becoming forced seller when ur bags that are up now get attention vamped by new hot coins
or you’ll only look for coins that sub 2m since $13k gets close to 1 percent in that range
in reality ur edge might be seeing something at 8m that can go to 50+
or your edge might be parking $500-$2k in some really low caps that won’t run immediately, but might 100x someday
—-
this is my most controversial advice… so don’t follow it unless you are the kind of person that takes responsibility for their own actions
if your goal is to downside protect and under NO circumstances do you want to lose more than $10k
then my hot take is you should deposit $20k
don’t use the $20k, not even close, just put it there.
this makes the stakes real.
it should make you sweat a bit. because if it doesn’t it’s very easy to take this internet money as a joke and just throw darts till it’s zero
—
you’re definitely a good trader so
for you being cash light might be hurting you more than meets the eye
What is the point of making money?
Have food
have a roof over your head, and to like where you live
making sure your family as well has that
+ Freedom to wake up when you want and do what you want for the day
peace, flexibility
The point of making money, Is not to make more money
It’s to have the above.
The truth is most of you can achieve that and you don’t need even 5M to achieve 95%+ of the purpose of money
So if you make it to 3M-5M u literally get like 95% of the benefit and purpose of money
And to blow that tryna make more money for the last 5% or less of the purpose of money
It’s just a bad trade
Too many people who make it to 5M+
Aren’t thinking what’s the actual point of money and why they wanted to make it in the first place
Saying this now bc
Once you get the rush of a bull market and feeling like you’re doing something with your life bc you’re waking up and “making money” and that means you got shit figured out (it doesn’t)
You can easily forget the whole point of why you wanted to make money
And waste it fully getting in a cycle of “pushing for more” without understanding truly WHY are you pushing for more
Because it’s okay to push for more
But you need to actually know WHY are you
Not just bc “I woke up and saw a coin and people were talking about it so I bought it and now I used to have 5M USD but now down to 100k FML I can never make it”
You never deserved to have that 5M
You were lucky to
But if you read this tweet, even if you get lucky
It doesn’t even matter if you don’t have the right thoughts you’ll waste whatever comes your way
Maybe if you sat and stared at the wall
you could’ve understood the point of money for most people
instead of blindly chasing for more
without truly knowing WHY and HOW you’re gonna go for more, without negatively effecting your life
In a way that you keep the benefits of having money
While being able to make more for yourself if you want to
@iruletrenches let me explain reasoning to this, if i bought some memes on solana, those memes already have existing holders & ppl are already buying memes, the ones that will do the best the market will show you with their attention on socials, volume, holder count, etc etc, you dont want to
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