Multichain Journal

https://x.com/SmotheringNft/status/2088537909624213545 I still hold my $wood and $wallet. $Wallet is holding very well in this market. Read the post, there are some things that would be very strange if it would be a larp or scam. So many hints onchain, i still like the r/r here because it could be big. Otherwise not doing much as i said, new pairs are a good way to get burned rn

Back to idle mode. Not the market i hoped for, many KOLs making money out of copy traders. If you watch the entry and exit mcs and holding times on the stats you will see many KOLs ape early, hold for 1-4 minutes and sell before 100k. If you make money in this market gg, but if you dont and have the feeling "why is everyone making money but me" just read this. Its just not true, just a few people making money in these markets. Dont gamble away your portfolio, the real bull will be different and we all will make money. Have seen this playbook for 2 cycles now. Not many people have survived because they lost their money in the bear market times. Dont be one of them

Some news on $SZR https://x.com/IwaProtocol I am not trading rn because i dont like the market at all, way too many rotations but watching my bags here Seems the dev is building a complete ecosystem

Most KOLS will talk about how much money they made and how insane their calls were, posting some random screenshots. Not many people in this space will do real talk, i try my best here. I am just a normal degen trying to survive in this space and surviving starts with not losing all your money.

Rotation is insane, i checked so many coins and all of them and also most of my watchlist are either stable or down. Sure, there are some winners especially $Cashcat but other then that you had to pick the exact winners and sell them before the rotation started. This is not the market i like. If you make money constantly rn then go on with what your are doing, if you lose money stop. This is not the time to risk bigger parts of your portfolio. The time will come.

https://x.com/Boost010/status/2084624873129734464 https://x.com/Boost010/status/2083892182071554216 https://x.com/Boost010/status/2083214110628442341 https://x.com/Boost010/status/2082154706244436000 This guy did a REAL deep research on all On-chain stuff you can find about $Wallet Not buying anything new as i got burned quite a bit so far, but still following this here

Most of these v4 coins are up many x's the last days and have low liq, so maybe you will get a better entry. I hope we will finally get a meta that stays alive for more than some hours or days. These v4 hook mechanics enable devs to get creative and build…

Most of these v4 coins are up many x's the last days and have low liq, so maybe you will get a better entry. I hope we will finally get a meta that stays alive for more than some hours or days. These v4 hook mechanics enable devs to get creative and build new cool stuff, not just copies of others. Positioned myself into multiple coins that i mentioned as i find it hard to make a single bet. If i had to it would be $SZR, but this will take more time to play out probably.

Especially $SZR is my darkhorse which i follow since the start. Totally unique mechanics, could change the launchpad game. As its much more complicated i would advise you to research on your own on twitter and the post i send, there are some very good articles explaining the underlying idea which raises the floor. I advise you to buy from the website to be safe, not sure if every bot will pick up the liq correctly

SZR thesis: https://www.gg.xyz/post/d21de41e-8796-42ce-b9c7-5b86c9aa9a57?ref=0xdaes URU thesis: https://x.com/urugemu/status/2082777067138003052 Backed Thesis: https://x.com/deadshotXBT/status/2082754302267867485

v4 stuff i find interesting: $SZR 2.2m 0xbeD7c1660a01dbEEe225bd893ac31727a91A5773 $URU 900k 0x9fbe210007dDd8389f98d0253018e65CC48b9D24 $Loop 1m 0x00000000000050806673B532D7486ac114c1De3F $Backed 500k 0x7168563B0E70124f0C7c0cF2F13a8D1861BAf4A5

casual -90% drop on $wood from ATH, crazy. Guess i was still too early with betting on mid or long term holds, hope you play it safe. Remember: All about preserving capital for the real bull. Yesterday we had this 1h where pipedog launched and went to 40m which felt like the good old bull run days.

$wood getting absolutely destroyed, from 30m to 5m in some days with good news only. Looks super sus, either goated entry or something is off... Will just hold here and pray, don't like the market for any dcaing rn

https://x.com/0xMerp/status/2081081439991554392 This is exactly my take. The market is always risky AF, you can lose money very fast. For some degens it only takes one wrong click or decision to wipe out the port that has been build over months or years. So the most important thing is to learn risk management and to know when to wait. Boring stuff i know, but making and the harder part preserving the money isnt boring at all

I used to bridge to EVERY new chain in good markets. Right now i dont see a good r/r here, there is just not enough volume around. See you hopefully soon in a better market again

https://x.com/vladtenev/status/2080483725209649349 This led to a big $Wallet sell-off. "Robinhood has not issued any coins or tokens" The on-chain proof is still there, will be interesting to watch what will happen. This coin has a big r/r spread, either nothing happens ever or they deny it directly and it will go to 0 or at some point it will turn out as some ecosystem coin and it will do x100+ probably. So will still hold this and hope for the best, but wouldnt risk too much here

If the most interesting thing happening on the chain since some days is the hack of vlads twitter its a sign for me to not trade in the trenches. I know it maybe be boring to post these things instead of calling 10k coins and congratulating myself for an x2, but whoever lost his portfolio in low volume times knows the danger. I did it at some point, wont repeat these mistakes. Back to the waiting game i guess....

Holding only very few coins and not aping new launches for days may feel boring after 1y of SOL casino but the biggest lesson is you have to adapt. What worked last year wont work this time, this is why only very few degens make constantly money over multiple cycles. Still having to adapt to many things after a long break, so will take it slower here personally

Also some interesting things about wallet are happening https://x.com/aixbt_agent/status/2079611415300837859 All we need is some kind of hint or confirmation from the team, but all proofs and traces are there onchain that they have a bigger plan for $Wallet

Maybe some of you forget or never experienced a REAL bullmarket onchain. In the best solana days we had like 5-10 coins daily that went 0 to 10m+, even some of the very bad larps. I hope we will see similar times again soon, the market seems much better than the last months but the volume is still not enough to support many coins at once. So we see many rotations based on news and hype. Will watch closely what happens, but doesnt feel like the market where you cant to deploy bigger parts of your portfolio into it rn. Knowing when its time to go 24/7 and when to wait is a key ability not many degens learn