zinger, wake, basil are some of a few fc users that seem to really build and stand by long term positions as traders

think that farcaster is on average more dump-y than the twitter trenches, not sure what explains that or if its even a reality (could just be my perception)

the reality is that there are ~5,000 people actively trading in the fc eco, compared to hundreds of thousands of people trading on base & soon to be millions

moreover, only a fraction of those trading on fc, can stomach their wallet swinging violently by 5 figures each day & be ok with it

that’s simply a lot of money & they’ve seen time & time again how this show plays out, so they’re gonna take profits where they can

look no further than our holders bases, compared to non-fc coins or even sol coins… it’s not even comparable 

so while the rest of base catches rotations from sol or hype or what have you, we simply dump on each other as there is no new liquidity entering our ecosystem

either way alts are gonna trade off when eth is down 7%, that’s just how these things work 

but what i don’t get is the complete discount of headwinds, namely improving fc tech & daus, plus the red sweep & cb lobby

long story short, if daus don’t improve we’re all fucked, but that’s what we signed up for

summoning mmo /animarising | 0xbasil.twitter

You're not wrong, very few people here can actually swing trade and can afford to lose even 4 figures in a day. 

At the end of the day, we all want to make money and be rich, but it's only feasible if we break out and break the divide.