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Writer's pictureKashyap Sriram

July Crypto Portfolio Update


I have completely exited Ordinal (ORDI) and Pyth Network (PYTH) and plowed the proceeds into acquiring more Kaspa (KAS). Kaspa is rapidly moving up the market cap ranking and currently stands at 20. And it still doesn't have a proper listing on Binance, Coinbase, Kraken, etc. This is organic growth with very little hype until the Marathon Digital (MARA) news.





Winners press winners, losers average losers -Mark Yusko

In crypto, winners tend to run far harder than is the case with stocks. I caught Pyth and Kaspa before they had a proper exchange listing. The former worked out okay, but my re-entry was wrong. The same could happen with Kaspa. This market can humble you in a matter of days if you get cocky or think you're smart. I've seen it happen over and over again. I know guys who mined a coin, promoted it when it traded at 7 cents on $3000 of daily volume, rode it all the way up to $16 (yes, $16!) on multi-million dollar volume - AND ENDED UP LOSING MONEY ON IT. How is that even possible? Because they believed their own bullshit and bought on the way up, held on the way down, and got zeroed out.


Crypto is a space where you can really find yourself as a trader since mistakes stare at you everyday. And every day is a fresh start and an opportunity to undo previous mistakes.


I've got several DMs from this group on Kaspa, on whether it could be the next Solana. Maybe. But keep expectations in check and let the upside surprise you. That's how I have survived for so long.


"I have met old traders. I have met bold traders. I have never met an old, bold trader." - Peter Brandt.


I'm 35 years old and I can attest to that. I'd never take the same risks as I took in my 20s or even early 30s.

Good Trading!

Kashyap

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