Asset Selection

Quick write-up on asset selection

Remember how we talked about being in sync with the market?

As in: when markets are moving slow, you should be slow. when markets are fast, you should be fast.

Now, unironically, this also applies to asset selection. When markets are SLOW, you usually want to play the "slower" moving assets (that aren't slow bc they're weak). When markets are FAST, you usually want to play the "faster" moving high ROI coins.

Example of "slow" coins: BTC, ETH, SOL, XRP, LTC

Example of "faster" coins: PEPE, INJ, CFX, MASK. (Things that inherently come with more risk)

The idea is that slower market conditions aren't "home run" conditions. They're not usually market conditions that are going to really make the bulk of your net worth (on average ofc there are outliers). Since these market conditions aren't primed for tremendous gains, why position as if we're about to make tremendous gains.

If you're aping degen coins, more power to you but that's not necessarily trading so I'm definitely not talking about that

Certain phases of the market requires different strategies and asset selection(s). Keep that in mind when you're trading.

Sometimes, it's best to do nothing.

Sometimes it's best to start aping into every shitcoin with a pulse. Sometimes it's better to stick to trading BTC or ETH.

It's a fairly obvious statement but people forget and sometimes a quick reminder like this is enough.