Focusing on a single memecoin is a great way to learn about market dynamics that every asset goes through 

Swarm rn is a perfect example of a shakeout. Or I could be wrong and it’s over but that’s exactly what it is supposed to look like 

Lower before higher, marketcap rn 800k. Down only since 3M. 

Setting stink bids for capitulation

back at 3M, stink bids didn't hit but I bought a bit at 800k 

Intuition says shakeout is over for now, either up right away or small period of consolidation and then up

targeting 5M for take profit - probably 10-20% of the bag. No way to predict the final destination but I think 10M is very likely eventually 

Now I kinda think about memes from perspective of yield farming. Sell high, buy back lower - try to grow stack with initials. The risk is ofc that it full sends or nukes leaving you without the full bag or holding the bag

Makes it more comfy when you took out the initials and riding same bag paid for by profits 

I'm not a trader and something tells this is a wrong way to think about it if you want to make it big. However, I'm quite skeptical of memes so playing it slow and safe. Not looking for moon mission, happy with x3-x5 on initials