Cara Melakukan Narrative Trading

Summary

In this video, Kim from Akademi Crypto discusses the concept of narrative trading, highlighting the importance of social observation and identifying global needs to predict market trends. He explains how observing sectors like AI and Metaverse, which emerged from societal needs such as remote communication and workforce efficiency, can guide investment choices. Additionally, Kim emphasizes the use of data sourcing, following market trends, and tracking smart money movements to make informed decisions. He outlines how anticipating these trends can lead to successful crypto investments and shares his academy's official timeline for upcoming narratives.

Takeaways

• 😀 Narrative trading begins with social observation, where you analyze global needs and trends to identify potential market shifts.
• 😀 The Metaverse emerged as a result of the need for digital interaction during the COVID-19 pandemic, showcasing how societal needs drive trends.
• 😀 Artificial Intelligence (AI) became a hot topic in the cryptocurrency market in Q1 2023, driven by the need for employee efficiency and technological advancements.
• 😀 Investors don’t need to invent new projects but instead focus on investing in projects that address ongoing societal problems, like Metaverse or AI.
• 😀 Sourcing data from various outlets such as news, reports, and research journals helps to identify when specific narratives will emerge in the market.
• 😀 In Q1 2024, special computing was anticipated to be a major trend, due to the Apple Vision Pro release, showing how predictions can be based on industry events.
• 😀 Predictions about AI's rise in 2024 were confirmed with the surge of AI-related cryptocurrencies, highlighting the importance of market foresight.
• 😀 The Academy of Crypto has a timeline for when specific narratives (like AI or special computing) are expected to emerge, providing a roadmap for investors.
• 😀 Following smart money strategies is crucial in narrative trading, where you track what successful investors are doing to identify promising investments.
• 😀 Tools like Arkham Intelligence, Dun Analytics, and platforms like CryptoSlate can help follow the investment strategies of smart money in the cryptocurrency market.

Q & A

What is narrative trading?

Narrative trading is a strategy that involves investing based on emerging market trends, driven by societal needs and technological advancements, such as the rise of artificial intelligence or the metaverse.

Why is social observation important in narrative trading?

Social observation helps identify the current needs and trends in society, which can drive the demand for specific technologies or sectors, such as AI or the metaverse, and guide investment decisions.

How did the metaverse trend emerge in the market?

The metaverse emerged as a solution to the need for virtual communication, especially during the COVID-19 pandemic, when physical meetings became restricted.

What role does artificial intelligence (AI) play in narrative trading?

AI plays a significant role as companies increasingly seek to improve operational efficiency, leading to the rise of AI-related projects in the market, particularly in sectors like blockchain and crypto.

How can data sourcing help in narrative trading?

Data sourcing involves gathering information from various reports, news, and research to create a clearer picture of when specific trends, like AI or special computing, are likely to peak in the market.

What example was used to predict the rise of special computing in 2024?

The launch of Apple Vision Pro in early 2023 was used as a sign that special computing would become a major trend in 2024.

How can smart money influence narrative trading?

Smart money, or experienced investors, often lead market trends. By following their investments through tracking tools, traders can predict where the market is heading and align their investments accordingly.

What tools can be used to track smart money in the crypto market?

Tools like Arkham Intelligence and Dun Analytics allow traders to track the wallet activities of smart money, helping them understand where experienced investors are directing their capital.

What is the significance of platforms like CryptoSlate in narrative trading?

CryptoSlate provides insights into the performance of different crypto sectors, allowing traders to monitor which areas are being accumulated by smart money and helping guide investment decisions.

How can narrative trading help a crypto investor?

Narrative trading helps investors anticipate market trends and identify opportunities by focusing on emerging societal needs and technological advancements, as well as tracking the movements of experienced investors.