Let me explain how fomo on the timeline works: > High conviction participants position heavily in core bags > Every few weeks a new meta forms > The pump rotates > People pre-positioned into said meta become euphoric > They bullpost their bags relentlessly; feeling vindicated as their thesis plays out > You, a low conviction participant becomes confused > Are my bags bad? Are they dead? Should I rotate? > You ask yourself this for days > Nah, it's already pumped. Fuck that. You say to yourself > A week passes, they continue bullposting, that rotation holds mindshare, targets get more audacious > You start to get convinced that this new rotation is the new meta > It stops feeling risky > You pull the trigger rotating to their meta > The meta goes down its own risk curve as pre-positioned participants dabble in newer coins > The leader of said meta begins to slow in momentum > You latch onto a newer coin as it may offer better returns than the leader. > Your conviction is low, but prospect of returns is high > You may run it up, but targets are so high you never TP anything > The meta starts to become more PVP as pre-positioned participants begin to realize profits across the board > The meta fizzles out as a new one begins to form > New pre-positioned participants begin to bullpost loudly, feeling vindicated in their thesis > New accounts dominate CT mindshare as they appear to be geniuses as their thesis begins to play out > You're now in the old meta wondering if you should wait it out for the pump to return to you or if you should rotate > You decide to be patient, the new meta has already pumped- it's too risky now > Days/weeks pass and mindshare in the new meta grows > Its stops feeling risky, you want to participate This cycle continues....