• "When in doubt, zoom out.”

Let's unpack SIX stages of zooming out to get the perfect perspective.

INTRO

Zooming out is about focusing on the bigger picture when the information you have makes you doubtful about the decision you need to make.

There are 6 stages/elements of zooming out that I recognize:

• technical analysis

• fundamental analysis

• trend overview

• sentiment overview

• narratives analysis

• historical context

TECHNICAL ANALYSIS

• very specific

• project oriented

• very short-term relevant

IMO, this one is reserved for experienced traders.

It’s based on correctly interpreting chart patterns that require experience and knowledge.

I don't focus too much on TA

Check @eddyiskongz

FUNDAMENTAL ANALYSIS

• specific

• project oriented

• short-mid-term relevant

In this stage, we look for answers about the potential of the project. You're searching for rug pull red flags, whitepaper roadmap, etc.

Everyone has their own style of making good fundamental analyses.

TREND ANALYSIS

• general

• projects oriented

• mid-term relevant

Is the asset you're buying part of a larger trend?

For instance Gaming, gaming infrastructure, metaverse, AI, zk?

Is the trend overhyped or underhyped?

SENTIMENT ANALYSIS

• general

• market-oriented

• mid-term relevant

If you're still unsure after trend analysis, it's time to look at sentiment analysis.

Is the overall sentiment bullish or bearish?

Checking indicators like the fear and greed index can get a sense of this.

Market narratives analysis

• general

• market-oriented

• long term relevant

What's the long-term narrative for the industry? Is it optimistic or pessimistic? What is the macroeconomic situation?

For example, are regulations going to crash the crypto market, or will the tech prevail and regulations adjust?

HISTORICAL CONTEXT

And I mean broad historical context, not just comparing historical charts from 3 years ago.

Look at other industries in similar stages of development. Were there similar narratives or regulatory risks?

Try to find analogies or correlations.

In my last newsletter I dropped a massive article on historical context analysis of the blockchain industry comparing it to music industries that needed to deal with disruptive technology in the late ‘90: the Internet.

Make sure you read it!

LET’s CONNECT

I'm Jack.

I am an ex-lawyer, and now I'm the founder of a web3 project.

I spent thousands of hours analyzing web3 projects, in particular in the #NFT space and building my own venture.

Now I am sharing my knowledge with the audience on LinkedIn and via my newsletter.

With over 80 articles already written on web3, #blockchain, #NFTs, and more, I'm excited to share my expertise with you every week.

Every Tuesday, I publish an article focusing on #web3 strategies to help you thrive in this ecosystem.

Additionally, every Thursday I share my personal opinions on important web3 issues.

I would be thrilled if you subscribed to stay updated.

Feel free to reach out to me via DM!

I also created a Telegram group of like-minded people interested in media, nfts, blockchain law, content creation & business growth.

If you would like to join us to grow together, dm me and I send you the link.