Making Larps Profitable

I've seen it with my own eyes in Dubai following around the "crypto convention" scene. Many of these projects are dev-adjacent groups getting together to throw spaghetti at the wall and see what sticks. T
hese aren't scammers, because if they do get money, they'll give the project a legitimate try. But their social media and marketing portray a much rosier picture of their experience and ability than a sober third party might ascribe to them.
Nonetheless, this is a bull market. So you can definitely make money from larps. Some people make it their business to do so. I'm here to give you a guidebook if you want to play in this world of early investment opportunity. You can get your 1000x from here, and you can also lose 100% of your money in 99% of your projects.
With that in mind, let's talk about how I personally make larps profitable!

Separate Wallets

The first thing to organize is your own brain, and creating a separate set of wallets for larps is essential. Here's what you'll need to remember.
1️⃣ Set up an EVM wallet and a wallet for other popular new chains like Sei, Sui, Solana, etc. Do it now so you won't be annoyed when the larp money moves and you have to take the time to set up more infrastructure.
2️⃣ Siloed computer - If you can, put these wallets on a siloed computer or phone. Larps function in a world of scams, wallet drainers and trojans. You never think you'll get caught, and that's how they get you. It only takes a couple of seconds for you to get excited about a move that has to happen nownownow and click the wrong link.

Setup

3️⃣ Two screens - Things move fast in this market, and if you have the capital, a two-screen setup is essential. I put my charts on one and msgs on the other. Because influencoors run the larp market, you need to know when these guys tweet or TG to have the best chance of running some profits.

Alpha

4️⃣ There are good alpha callers in this space all over the place. I can give you the ones who have made money for me. There are tons more, I'm aware. But the trick is to find a few you like and follow them. If you try to follow everyone, you will lose the most important aspect necessary for success — quick timing.
Here are three of my best guys you can trust for good calls:
@sportzjock on TG - an individual trader with a great reputation, works out of several groups
t.me/shiroalpha - a trading diary with good, on time news releases
t.me/smolinsanity - a degen trading diary that hasn't bankrupted me yet, so...
5️⃣ Conviction — Remember what I said about separating wallets? That's not just for security purposes; it's so you can silo your degen portfolio as well. The biggest alpha is proper sizing. No single trade should be able to bankrupt you. It's great if you have a couple of income streams you can dedicate to the effort so your liquidity never runs out.
6️⃣ EXIT STRATEGY. Remember, these teams are possibly not even teams. So it's essential you know when to get out before you make your buys! There's a time element and a pump element.
a. Time element: The longer a larp takes to pump, the more bored its holders get. This market is after the next shiny thing. So if your project doesn't pump by your sell date, don't hold it. Rotate! Judge your timing by the next big event. For instance, this AI rally is buoyed by the Nvidia conference that starts March 17. That's the sell the news event. Whatever AI doesn't pump by the 16th is likely out of my portfolio.
b. Pump element: What works for me is judging how high a project can pump from the performance of similar projects. If the previous AI larp got to $5M, that's the ceiling for the current one less 10-20% (trends run out of steam over time). 
It's all a game! The more you treat it like one, the better you'll do!