$TAO – AI Robot Network with Nvidia’s Thumbs Up 🤖👍
Overall, H1 saw bearish pressure, but nothing too extreme. With the National Day holiday coming up, the market is starting to lift again.
Some “blue-chip” altcoins I was optimistic about in H1 did okay — even if you didn’t make money, you didn’t suffer huge losses either.
Examples:
· $ZEC** — I publicly called a bottom at **$250. Not many got in at that level, and neither did I. Why? Mainly poor position sizing control. Emotions run high, and it’s easy to go all-in on one coin.
· $FIL** — last year we discussed a bottom at **$1.3. Many said it would break below $1, drop to $0.5. But it bottomed around $0.6**, stabilized, started rebounding today, and is already at **$1.1.
· $UNI ** — was around **$4–$5. I consistently urged everyone to buy, buy, buy — now it’s already doubled.
Takeaway:
When we buy blue-chip altcoins, the probability of catastrophic loss is relatively lower, while the probability of gains is still fairly high.
But if you keep trading “shitcoin” type tokens, it’s very easy to take a huge loss while the probability of a big win is low. And it’s easy to lose track of the pulse — they rally wildly, and fall just as wildly.
#TAO #crypto
Overall, H1 saw bearish pressure, but nothing too extreme. With the National Day holiday coming up, the market is starting to lift again.
Some “blue-chip” altcoins I was optimistic about in H1 did okay — even if you didn’t make money, you didn’t suffer huge losses either.
Examples:
· $ZEC** — I publicly called a bottom at **$250. Not many got in at that level, and neither did I. Why? Mainly poor position sizing control. Emotions run high, and it’s easy to go all-in on one coin.
· $FIL** — last year we discussed a bottom at **$1.3. Many said it would break below $1, drop to $0.5. But it bottomed around $0.6**, stabilized, started rebounding today, and is already at **$1.1.
· $UNI ** — was around **$4–$5. I consistently urged everyone to buy, buy, buy — now it’s already doubled.
Takeaway:
When we buy blue-chip altcoins, the probability of catastrophic loss is relatively lower, while the probability of gains is still fairly high.
But if you keep trading “shitcoin” type tokens, it’s very easy to take a huge loss while the probability of a big win is low. And it’s easy to lose track of the pulse — they rally wildly, and fall just as wildly.
#TAO #crypto
