Trenches + Cabals

The overpopulation of tokens has created a submarket colloquially called the trenches where attention is the only thing that matters, when something happens, an internet event, something that catches people’s attention, thousands of tokens are created around that event.

How can I pick the real one? Well, simply look at the volume, liquidity, distribution, buyers, who is pushing it, but most likely in the current market that token will be prostituted by the different cabals and end up going to 0 when attention moves like a gust of wind to the next event, sometimes this process lasts days, other times minutes…

But since I mentioned the word Cabal, let’s talk about them, this topic has always come up from time to time, does the cabal exist?

does the cabal exist?

Yes. Everything is a cabal in reality, a cabal is a group of people who share information, here information is worth money, a lot of money, so if you trade it’s important that you don’t do it alone, while you can be good, look, you can even become rich, realize that you’ll constantly be competing against people who work and exchange information together.

Human beings ultimately advanced as a civilization when we came together, it’s an advantage that is very difficult to fight against.

That’s why it’s important that you find your place, sometimes it depends on friendships, other times you can even pay and start from a base.

But if in a market of information and attention you’re trading alone, you’re at a disadvantage, just so you know.

And trust me, from what I’m seeing heading into the next cycle, things aren’t going to change, maybe they’ll even get worse, for weeks now we’ve been seeing a rise in social trading platforms, first it was Fomo, now PumpFun has entered the game, platforms where access to tokens is just 2 buttons away and transferring money is a process that takes seconds.

But the most interesting thing about trading today is that you have an online profile that allows you to see what people are buying, a system that at first may seem transparent ends up being reduced to a game of hot potato between traders, where the trader with the most attention always ends up winning, because people will follow them and copy their moves, we are in the golden age of copytrading where memecoin KOLs are the dominant predators.

we are in the golden age of copytrading where memecoin KOLs are the dominant predators

That’s why, once again, I point out the importance of not doing this alone, a group with different opinions can help you have better judgment, a group where information flows better can help you learn faster.

Seriously, if you want to face trading today, go out and find your place, it’s dangerous right now to do it alone, if you want to get into memecoins of course, in the end it’s also about finding your style. Today we’ve focused a lot on this one in particular, but in the next chapters we’ll see many more different ways of approaching this wild market.

Remember that this is easier when you’re not alone, you already have your group here, once again welcome to La Sobremesa.