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Crypto Investment Tips: Stick to Your Thesis, Exercise Patience, and Watch Competitors Chase While Your Main Bag Pumps

Crypto Investment Tips: Stick to Your Thesis, Exercise Patience, and Watch Competitors Chase While Your Main Bag Pumps

In the fast-paced world of cryptocurrency, where meme tokens can skyrocket or plummet overnight, sound advice from experienced investors is gold. Recently, Kyle (@0xkyle__), a first-principled, thesis-driven investor at Defiance Capital, shared some hard-earned wisdom in a thread on X that resonates deeply with anyone navigating the meme token landscape.

Kyle's original post laid out two fundamental tips he learned the hard way:

  1. Never sell your bag for liquidity to chase other tokens if your original thesis hasn't changed.

  2. Patience.

This advice is particularly pertinent to meme tokens, where FOMO (fear of missing out) often drives investors to jump from one hyped project to another, like shifting from Dogecoin to the latest cat-themed token. But as Kyle emphasizes, if your research and conviction in a project's fundamentals—be it community strength, viral potential, or innovative twists—remain solid, dumping your holdings to pursue the next shiny object can lead to regret.

Building on that, Kyle added a third tip in a follow-up: "when you see people talk and chase competitors while the main coin & strongest product diddles higher." Accompanied by an illustrative link (likely a chart showing price action), this highlights a common market pattern. In the meme token space, think of how established players like PEPE or SHIB often see renewed surges when attention shifts to copycats or rivals. The "strongest product" here could refer to tokens with real staying power, backed by active communities or clever marketing, that quietly pump while the crowd chases fleeting trends.

A reply to the thread simply stated "hyperliquid," suggesting an example from the broader crypto ecosystem. Hyperliquid is a decentralized perpetual futures exchange on its own L1 blockchain, known for its efficiency and user-friendly features. While not a pure meme token, it has faced competitors in the DeFi space, yet its token has shown resilience, aligning with Kyle's point. For meme token enthusiasts, this translates to sticking with proven viral sensations rather than scattering investments across unproven clones.

These tips underscore a key strategy for blockchain practitioners: discipline amid volatility. In meme tokens, where narratives and social media buzz drive prices more than traditional fundamentals, it's easy to get swept up in the hype. But as Kyle's experience shows, patience and thesis adherence can pay off big time. Next time you see the timeline flooded with chatter about a new competitor, remember—it might just be the signal that your original bag is about to go "higher."

For more insights on meme token trends and strategies, keep exploring Meme Insider's knowledge base. Check out the original thread here to see the discussion unfold.

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