You really have to watch the big guys.
Seeing history and reading blockchains for bigger pictures.
The metrics your looking for are in the macro.
In one large swoop, these assets are withering because the big guys want them to.
Not everything in the blockchain world is necessary, which is why we have competition.
Competition works it’s way through the noise and those who win are left standing.
You can look and listen for macro moments all the time:
Or feel your spider sense tingle and you write that down in a journal somewhere and as you look back on the year later and see whether you were right or not, ask what other macro events are similar to this.
What I think I’m excited about in writing this is that we (the retail investor) can watch the big guys.
We can literally track people’s wallets, see each other’s moves, and use some sweet portals and software terminals to see things at a larger glance.
Yes you have to learn a new skill and yes you have to have time dedicated to doing that.
Find the right things to read and you’ll be fine.
It’s a self sovereign individual that works well within this system.
Maybe I’m just happy to say that’s really how I feel right now.
But I still, have seen it to be true, that the ones who are gonna make it are finding ways to engineer what they learn and trace it to the macro.
Yesterday’s macro was learning that there are hedge funds that read into the matrix’s codes to look at risk factors to create timelines to stay on top of their investment.
I can do that with Credmark’s Risk Terminal
This last weekend a macro event came in the form of seeing a tweet, where was the fed saying they’re might hike interest rate, which is a concern for more volatility in the riskier crypto assets.
Until now, my timeline has been hold on for dear life.
HODL I will, but now those assets I am trading with are in definite need for a timeline to follow.
Wednesday January 12th is a day that the fed should release information about their plan.
The macro thing to do is learn some history around this sort of event.
I want to go look back in history and see what happened to the markets the last time their decision was made.
This is macro, it’s in the history, and blockchain can give us some incredible abilities to see the history of the big guys.