Why you should work for your bags:

1. The bar for conviction is so low due to holding times. Everyone is terrified to believe in something, so when they see someone being vocal and crafting a good thesis while not abandoning the coin after a couple days, they’re heavily inclined to join.

The higher quality the thesis + the higher consistency in posting = higher trust. Everyone runner has at least one die hard community member which gives their all for the project (murad, lexapro, Him, Unipcs etc)

2. Your impact becomes exponential. I rarely find coins on my own and discovering new narratives is usually from sleuthing through dozens to hundreds of small accounts, channels, gc’s etc.

Countless times I’ve seen an account with sub 1k followers who’s posted a thesis on a new coin which I’ve ended up buying and sharing myself. You’d be surprised how much impact one post can have with the right messaging.

3. It’s the best way to grow your network and find similar style traders. If you’re trying to get added to new gc’s or find other friends, start posting more about the coins you're in and give insightful unique takes.

I’ve made a ton of friends simply through bag working for the same coin. There’s nothing better than finding a core group of traders/writers to help grow a project, granted you’re ethical about it.

4. Bag working is +ev as a small account. If you’re just starting out, the best way to grow is to constantly dig for fresh coins and write narratives on them imo.

When you eventually hit that 20, 50, 100x with a thesis attached, you’ll grow in reputation and hopefully portfolio. The art is not over sharing coins so people respect your conviction and know you aren’t looking for exit liquidity, while genuinely providing some form of insight.

My biggest regrets always come from not writing more. You’d be surprised how much of an effect one persons conviction can have on others.

It's never been easier to stand out, the quality of research, conviction, authenticity and dedication is at all time lows.

Take a chance.