It took me 4 years in the crypto market to realize these things & you only need 2 minutes to read:
1. No matter what happens, how bad the market is, one thing will never change: 8% of people will share 21 million
2. Financial management skills, capital management, risk management are 100 times more important than technical analysis skills, crypro research
3. There are many other ways to make money with the crypto market while you sleep.
Don't pay attention to trading.
1. On average, #bitcoin has increased more than 100% per year over the past 15 years. But why do so few people make money from this market?
Because no one gets rich from anything, jumping into crypto to get rich quickly is the common mentality of most people.
If you can't spend at least 4 hours a day on crypto, don't buy any other coin than Bitcoin & ETH 70% for #btc & 30% for ETH.
Don't trust anyone. Because when you put your trust, you will also be prone to hope, disappointment & error correction.
Learn automatically & take responsibility for all your buying and selling actions.
This is how to get the automatic minting experience!
The ultimate goal of investing is to make life more meaningful.
So whenever the results from crypto investing can make life truly meaningful, do it right away. Otherwise, don't do it!
Crypto was born from technology. But now this is a financial market, not a technology market. It is very difficult to use technology thinking to invest in a financial market.
Cryptocurrencies are increasingly connected to other mainstream financial markets. Macroeconomics also increasingly influence crypto.
No one objects when you buy land, buy gold, buy diamonds. But when you buy Bitcoin, there will be people who prevent you, even look down on you, and avoid you.
It's okay, because once someone accepts something, the opportunity may no longer exist! Or it is overweight!