Freddenver@freddenver

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Requisiem talks about the patience needed when holding a trade he believes in before the market agrees. He points out that the onchain market now has as many or more participants than ever, but with a big shift: a large skew toward people who are very active and trying to make more, even if they have less capital. Comparing now to 2021, when he started, back then there were lots of people with lots of money alongside many without much. Now, there are far fewer with substantial funds, but equal or more with limited means. So attention on assets can be high even when volume isn't, which might make the market seem weaker because prices aren't soaring as much, but really, the focus comes from those who lack the bankroll to push things to their desired levels. That means considering the type of play and the average buyer's financial capacity. For example, New lie on BSE reached a 65 mil market cap while Triple T on Solana topped at 30. Some might see New lie as more viral, but Requisiem argues Triple T is actually more viral. The issue is that buyers of Triple T didn't have enough money to send it to where it should be priced. People often say something deserves a certain market cap without thinking about whether the marginal buyer at that level can support it. You have to ask why you think something is mispriced first, then decide if it truly is. His view is that everything in time will always be priced where it should be.

2w

Freddenver@freddenver

팔로우

Requisiem talks about the patience needed when holding a trade he believes in before the market agrees. He points out that the onchain market now has as many or more participants than ever, but with a big shift: a large skew toward people who are very active and trying to make more, even if they have less capital. Comparing now to 2021, when he started, back then there were lots of people with lots of money alongside many without much. Now, there are far fewer with substantial funds, but equal or more with limited means. So attention on assets can be high even when volume isn't, which might make the market seem weaker because prices aren't soaring as much, but really, the focus comes from those who lack the bankroll to push things to their desired levels. That means considering the type of play and the average buyer's financial capacity. For example, New lie on BSE reached a 65 mil market cap while Triple T on Solana topped at 30. Some might see New lie as more viral, but Requisiem argues Triple T is actually more viral. The issue is that buyers of Triple T didn't have enough money to send it to where it should be priced. People often say something deserves a certain market cap without thinking about whether the marginal buyer at that level can support it. You have to ask why you think something is mispriced first, then decide if it truly is. His view is that everything in time will always be priced where it should be.

2w