Roy

How I play narratives that aren't mature enough is by keeping a list of them and waiting for a catalyst or signal that they are ready to come to fruition. An excellent example is the BTC quantum risk narrative. We have known about the risk for a long time, yet shorting whenever makes no sense. The catalyst that made the narrative start spreading and feel real in people's minds (causing a btc crash) was this tweet. (xitter.cf/drakefjustin/status/21…) Same goes for the 1st AI coin run (catalyst: release of ChatGPT). 2nd AI coin run (catalyst: release of Sora) You can think of the potential narrative as a snowball sitting atop a mountain. At first it just stays there. Once a sufficient catalyst exists, it is like nudging that snowball off the edge, causing it to roll down the mountain and grow while doing so. The snowball growing increasingly while rolling down the hill is the narrative spreading amongst the people. At first one person sees it, then two, then four, then 8, 16 and so on, it grows exponentially. The earlier you get in on it, the higher the reward to risk. The asteroid gold mining narrative is a huge potential narrative for BTC. It might take over a decade until we get a sufficient catalyst, but when it happens, it will likely be an incredible trade.

You need to accept the possibility that the world will likely look INCREDIBLY different in the near future. prepare yourself mentally for massive change so that when/if it comes, you can move fast while others are frozen in shock.