The fact that you get on the train first doesn’t mean you can only buy for a higher price than him.
With this ETH ($🦪), Frank, zeri_term, and rodotfun all have positions. Their average buy-in market values are 211K, 561K, and 390K respectively. The same dog—your cost can differ by more than a factor of two.
With a market like this, I’d rather focus on drawdown. They’re still holding; if the price falls back below some of those “getting on first” cost lines, then it’s worth flipping the trade. If you didn’t get the first bite, you don’t necessarily have to chase after and eat.
$ETH
$BNB
$BTC
With this ETH ($🦪), Frank, zeri_term, and rodotfun all have positions. Their average buy-in market values are 211K, 561K, and 390K respectively. The same dog—your cost can differ by more than a factor of two.
With a market like this, I’d rather focus on drawdown. They’re still holding; if the price falls back below some of those “getting on first” cost lines, then it’s worth flipping the trade. If you didn’t get the first bite, you don’t necessarily have to chase after and eat.
$ETH
$BNB
$BTC
