The best way to approach today's market is entirely different from 2021, or even 2024. If you want to succeed in Q4 and beyond, read this post. The market is divided into two camps: Certain narratives are REALLY outperforming (i.e. DEXs like ASTER, CEX tokens like BNB & MNT, and other select plays like IP, STBL etc). However, the majority of altcoins are flat/down due to dispersion/capital being concentrated in the top trends. "Pockets of outperformance" is a term you've probably heard a lot, but it is still the most apt description of the current altcoin meta/cycle. So what can you do to ensure success in a more challenging environment? 1. Hold fewer tokens (big, bloated portfolios aren't the right strategy anymore). 2. Concentrate into higher conviction plays (you must truly believe in the narrative/it must be aligned with broader market trends). 3. Hold more stables, you'll need liquidity to capitalise on new trades (you never know when an opportunity is going to come - i.e ASTER came out of the blue). It's better to wait for the stars to align on a trade than to constantly force long exposure due to "alt season" FOMO. 4. Be ruthless with cutting your underperformers - you can always get back in if they show signs of life, but the opportunity cost is too great. The game is still insanely profitable for those who play it correctly - but you can't rely on old tricks to succeed on a new playing field.(Miles Deutscher)