A watchlist is only useful if it is short and honest. Record why a token is on it, at what market cap you noticed it, and the condition that would make you remove it.
What to record
- The market cap when you added it.
- The reason: a narrative, a caller you follow, holder growth.
- An invalidation: for example, liquidity falling below 5% of market cap.
Track the delta
The watchlist stores your tokens in your browser and shows the change since you added each one. Tokens that have not moved in a day usually free up attention best by being removed.
Educational only. #DYOR #NFA