How to Catch Narratives
PLUS 3 Narratives that I'm following
Hey everyone,
welcome to Investing Tuesday—our free weekly newsletter where we share crypto tactics, trends and ideas.
I hope you enjoyed last week’s issue “5 Undervalued Blockchains & 30+ Investors to Follow”
In Today's issue:
Ethereum Surpasses $10B Revenue in 7 Years
3 powerful narrative guides
3 narratives that I'm following
A quick reminder before we get started:
If you’re feeling discouraged by the recent pullbacks…
Remember:
look at fundamentals → stablecoin market cap, total value locked, dex volumes
build (& follow) your investment thesis → narratives, trading vs long-term, time horizon
cash is king → keep some liquidity to enter the dips
contrarian win in the long term → “be fearful when others are greedy, and greedy when others are fearful”
don't wait until everything starts going up only again
PS: I post extra analysis & research on X each week like this one below. If you enjoy this newsletter you'll probably like them as well.
All right, let’s dive in!
Ethereum Surpasses $10B Revenue in 7 Years
Quick reminder that Ethereum hit $10 billion in revenue faster than any other major software company besides Google.
Like I’ve already said, many people think Ethereum is dying because of the rise of better, cheaper alternatives like Solana.
But the truth is that people who are moving million-dollar tokenized assets or locking hundreds of thousands of dollars in DeFi protocols won't be going to mind paying a few hundred dollars in transaction fees and waiting for thirty seconds.
3 powerful narrative guides
Narrative move markets.
They are trending ideas and beliefs that influence how people see and value tokens.
They have the potential to impact investor sentiment, market trends, and even the adoption of new technologies.
Here is a compilation of 3 powerful narrative guides that will help you make (more) profits:
1️⃣ 2024 Trends to Watch [link]
2️⃣ Understanding narratives cycle [link]
3️⃣ Best/worst performing narratives of 2023 [link]
3 Narratives that I'm following
These are the narratives where I’m allocating capital this year:
Ethereum → After a spot BTC Halving, I think attention will likely shift from BTC to ETH. On top of that, there could be also 2 big catalysts that would push the price of ETH even higher: Dencun and ETH Spot ETF. More here.
Alt L1s → Historically, alt-Layer 1 tokens perform very well in bull markets, and I don’t expect this time to be different. Moreover, according to our analysis, ALTs are outperforming EVMs in almost every category.
Web3 Infrastructure → Blockchain interoperability is the ability of a blockchain to communicate/share data with other blockchains seamlessly. A cross-chain ecosystem is the only way that blockchain applications and crypto protocols can have a true vision of reaching their full market potential and unlock the liquidity and value present on other chains. More here.
P.S.
The 3 narratives I mentioned above are the ones that I’m interested in investing for my medium-long term portfolio.
I’m also interested in trading other short-term trends/narratives like RWA, AI, Modular Blockchains & so on.
And that’s it for today.
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Here’s what you’ll get every month:
4x+ Micro Altcoin Picks: micro projects we think are willing to be tomorrow's market leaders.
2x+ Tactical Trade Ideas: short-term bets to make profits from narratives and trends.
1x Value Investing Analysis: undervalued blockchains we think will outperform the market.
1x Monthly Market Analysis: our view on the current market situation supported by data-driven analysis.
Thanks for reading!
The Altcoin Investor