The narrative might have genuinely shifted this year, and small cap coins have more opportunities than Bitcoin.

I've seen a lot of people discussing this lately, so here's my take.

Several traders I know have made all their gains from small cap coins this year. Bitcoin basically hasn't moved much. Not that there's anything wrong with Bitcoin—it's still the best ballast. But to make serious money, you need to find small cap coins within new narratives.

Bitcoin is stuck at a position where gains and losses aren't that significant. The upside is locked in by consensus expectations. Small caps are different—many are going from zero to one, so there's room to move.

To be honest, my coin selection isn't great. The main thing is I'm a diamond hand—usually once I'm in, I don't sell much. But if the overall direction is right and I pick one winner, it covers several losses.

With Meme coins, win rate doesn't matter—risk-to-reward ratio is what matters. Of course, the risk is huge; 90% will go to zero.

You have to manage your position size—only use money you can afford to lose for small cap coins.

One last thing: the market is living and breathing. Just because the logic worked last year doesn't mean it works this year. Follow where the money is flowing. Don't cling to old beliefs. When market conditions are poor, study more, watch more, and do less. Look at some new directions.