Gmmm!
Hope you're all surviving this boring market.
No need to say it, but onchain trading right now is clearly –EV for me.
Few fibs to watch, but sentiment across DAO/TG chats/CT is at ATL. So I’m not trading fibs, just stacking some conviction plays.
When I say conviction trade, I mean I believe good momentum is coming — not looking for ATHs, just clean reversal setups.
🧾 Recent Plays: Profit Focus
I’ve been stacking two main coins recently:
$HOSICO & #USELESS
- Bought 1.85% of $HOSICO supply
- Bought 2.84% of $USELESS supply
=Sold 1.69% for $129K realized profit
-> Still holding the rest (unrealized ~$115K) for a longer-term setup
📈 Why $USELESS?
This was a perfect setup for me:
Full market capitulation + multiple potential theses to bet on.
(Yeah, maybe too late now that it pumped — but here's what I look for when making conviction buys like this):
1. Narrative Strength
Is there a narrative that could actually fit the current market mood?
In this case — a useless coin pumping while everything onchain is dying — it just makes sense.
⚠️ This only works if the right people are behind the project to “force” the vision until the market buys into it.
2. Strong Hands Behind the Project
Crucial for me.
I don’t frontrun metas — I suck at it.
But if I see strong players still pushing during a downtrend = I get interested.
Here, for example:
@theunipcs@LexaproTrader (sorry for the ping)
3. External Meta Support
This is where I start connecting dots and looking for easy catalysts:
A) Bonkcoin Launchpad Meta
When everything was dipping, Bonkteam kept building + pushing their launchpad and ecosystem.
My bet:
If they successfully drive liquidity to the launchpad = fees -> attention -> flows into main coins.
✅ That's when I aped into $USELESS.
B) Pump.fun hate — another mini-narrative
C) Pump coins migration — users chasing new platforms/rewards
D) Coins pump → Bonkguy was right — the classic narrative, works every time
💡 What About $HOSICO?
I could say similar things here — but I’ll leave it open.
If anyone wants to dig in and figure out why $HOSICO might be a good bet, I think it's the best way to understand how I trade.
→ Will send 5 SOL to the best answer.