Crypto has changed. I made most of my money last year buying stuff and holding for 6-12 months. But that doesn't work anymore. The longest you can hold something has gone from months to weeks. Why? Every new coin or project that is created challenges all of the existing coins. The president of the United States launches a memecoin and brings a ton of attention, legitimacy and users to crypto. Great news right? Well every bag besides btc, sol and $TRUMP got killed. The people who were holding crypto and bullish on this sector got destroyed from this. (if their portfolio wasn't mainly btc and sol) Berachain announces they are launching on february 6th. Great news right? Well Abstract ecosystem got killed as people expect attention to flow to berachain next. So what do you now? 1) Understand that pandoras box has opened and this environment isn't going to change. It is only going to accelerate. More coins, more chains, more projects. Every single year. 2) What i'm personally doing is holding more btc and stables. I have massively reduced my longer term altcoin positions the last few weeks and it only makes up roughly 5% of my portfolio now. 3) Focus on trading alts, not investing in them. Do not be the last believer in a project and become a bag holder. Buying any coin besides btc with a longer term thesis this late into the cycle probably doesn't have the best risk to reward imo. ---- Who knows, maybe this posts marks the bottom on alts. But I find it extremely unlikely to see every coin, nft, chain etc... pump at the same time and reach new all time highs similar to last cycle. There's just to many new coins launching every day that steal the attention from existing coins for everything to do well. This post was heavily inspired by a chat with @liam_xbt. Highly recommend following him!

@cherry_nft 🎯

@shivst3r 😂😂

@moodsMoodi this is the way excited for Monsters

@xdereklau love this perspective thank you derek!

@CryptoGorillaYT 😂😂

@MyNeighborAlice thank you alice 🙇‍♂️

@thegovernoreth Thank you Governor 🫡

@HeyYoGB 🤝🤝🤝

@SanjayWeb3 thank you for the kind words sanjay!

@kashviETH thank you kashvi! 🫶

@beast_ico hahahaha i'll be back in the trenches with you in 1-2 weeks honestly suprised you haven't taken a break yet, you've been working 24/7 for awhile

@IRA_therabbit love this perspective ❤️

@EVMaverick392 appreciate you legend

@ElenaaETH thank you elena!

@PirzadaWeb3 ❤️

@huntersolaire_ bro you have the best replies lmaooo honestly man i'm pretty confident in both of our content and trading abilities that even if we take some time off i have no doubt that we can come back and crush it again

@enesonchain yessir very excited for this break and looking forward to feeling rested for when markets pick up again

@EVMaverick392 @higherrrrrrrfun appreciate your perspective!

@inhuman 😂😂