JL retweetledi
JL
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JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi
JL retweetledi

The PvP happening in the trenches right now is often senseless and adapting can be incredibly difficult.
There are so many possibilities to consider:
1) New pair gets vamped by a better coin due to an error (wrong image, ticker, name, etc)
2) New pair gets vamped for no reason
3) New pair gets vamped by a more creative concept
4) First deploy re-vamps the better coin afterwards for no reason
5) People rotate between the first deploy and the better coin three times
6) The actual OG vamps for no reason
7) The actual OG vamps because it's a better coin or already has an established community
8) People buy the redeployed new pair for no reason and the OG does nothing or gets incinerated
9) Coin vamps because it's a community
10) Pump gets vamped by bonk because it's a USD1 or other related narrative
11) Bonk gets vamped by pump because people randomly decide they don't like it
12) Coin gets vamped by a relevant dev (fartcoin, useless, etc)
13) Coin gets vamped by fee donations / better dev
14) SOL gets vamped by BNB or vice versa
Then you have to predict whether or not people will choose a final winner (they usually don't and everything slow bleeds to zero)
What I hate about this is that there's no way to always choose the correct coin with logic. There are so many factors to contemplate that most people completely abandon their own thinking and buy whatever the important KOLs choose.
(If you're one of these people and are unprofitable, what are you doing? Do you want to be exit liquidity? Do your own research and formulate your own opinion about every single coin you buy. Stop being lazy and try to front run people instead of waiting for them to buy or shill it to you.)
Requiring popular wallets or big streamers to promote a narrative unfortunately creates a huge element of luck that kills most forms of strategy. Sometimes the more creative coin wins, sometimes the OG wins, and sometimes the obviously correct coin completely loses. There are no strict guidelines you can use to win the PvP every time - trading is all about attention and the market rotates FAST.
What I've learned is that every situation is unique. In order to stay consistent, you have to be open-minded and adapt quickly to each new scenario.
- Don't just base your thesis on what happened last time
- Only think about your current trade and what catalysts could bring eyes to it right now
- Stay selective and don't oversize into <100k toppers
- Remove all of your personal bias, don't cope hold, and don't be stubborn when your coin is proven wrong
- If you don't see a clear win, it's often better to stay sidelined
- Focus on PvE narratives
This thread was more of a note to self but I figured some people might find it insightful 🙂
English

The next @uxento extension update we have coming is for the trenches.
It’s for trenchers, not deployers.
We’re releasing a new feature which (for months) has been used privately by some of the most profitable trenchers in the space.
This will change the way we trench forever.
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JL retweetledi

If @addicteddotfun has taught us one thing...
Crypto doesn't want regular games with "digital collectibles"
We want games that can make us money.
That's why 95% of us came here in the first place.
Onchain games with well-built ponzinomics might just be the next meta👀

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