patience
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4 Years in the Crypto Market: Hard-Learned Lessons You Can Absorb in 2 Minutes
### 4 Years in the Crypto Market: Hard-Learned Lessons You Can Absorb in 2 Minutes
After spending four years navigating the ups and downs of the crypto market, I’ve come to realize a few key truths that can save you time, money, and stress. Here’s what you need to know:
1. Wealth Concentration is Inevitable: Regardless of how the market performs, one fact remains unchanged—a small group of holders will always control the majority of the supply. This is a reality in any financial market, and crypto is no exception.
2. Master Financial Skills Over Technical Analysis: Understanding financial, capital, and risk management is far more important than being a technical analysis wizard or an expert in crypto research. These skills will help you survive in volatile conditions and make smarter decisions.
3. Passive Income is Possible: The crypto market offers several opportunities to earn money passively. Whether it’s through staking, yield farming, or other mechanisms, you can make your investments work for you even when you’re not actively trading.
Despite Bitcoin’s substantial growth over the years, many people still struggle to profit. Why? Because they fall into the trap of a “get rich quick” mindset. If you can’t commit to consistent crypto trading, it’s wise to focus on long-term investments. Allocate about 70% of your portfolio to Bitcoin ($BTC ) and 30% to Ethereum ($ETH) for a balanced approach.
Don’t Blindly Trust Anyone: Trusting others without question can lead to disappointment and costly mistakes. Educate yourself, make informed decisions, and take full responsibility for the outcomes. This is how you build real experience and grow as an investor.
The ultimate purpose of investing is to enrich your life. If crypto investing contributes to that goal, then pursue it. If it doesn’t, it might be time to reassess your strategy.
Crypto is no longer just an innovative technology; it has evolved into a financial market intricately tied to the global economy. Some people may try to discourage you from investing in Bitcoin, but remember, opportunities are most valuable before they become mainstream. Don’t miss out on your chance.
Make wise investment choices, seek meaningful outcomes, and let crypto guide you toward a brighter financial future. 🚀
Disclaimer: The views expressed are third-party opinions and do not constitute financial advice.
#CryptoMarketMoves #BTC☀ #BinanceSquareFamily #patience $BTC
After spending four years navigating the ups and downs of the crypto market, I’ve come to realize a few key truths that can save you time, money, and stress. Here’s what you need to know:
1. Wealth Concentration is Inevitable: Regardless of how the market performs, one fact remains unchanged—a small group of holders will always control the majority of the supply. This is a reality in any financial market, and crypto is no exception.
2. Master Financial Skills Over Technical Analysis: Understanding financial, capital, and risk management is far more important than being a technical analysis wizard or an expert in crypto research. These skills will help you survive in volatile conditions and make smarter decisions.
3. Passive Income is Possible: The crypto market offers several opportunities to earn money passively. Whether it’s through staking, yield farming, or other mechanisms, you can make your investments work for you even when you’re not actively trading.
Despite Bitcoin’s substantial growth over the years, many people still struggle to profit. Why? Because they fall into the trap of a “get rich quick” mindset. If you can’t commit to consistent crypto trading, it’s wise to focus on long-term investments. Allocate about 70% of your portfolio to Bitcoin ($BTC ) and 30% to Ethereum ($ETH) for a balanced approach.
Don’t Blindly Trust Anyone: Trusting others without question can lead to disappointment and costly mistakes. Educate yourself, make informed decisions, and take full responsibility for the outcomes. This is how you build real experience and grow as an investor.
The ultimate purpose of investing is to enrich your life. If crypto investing contributes to that goal, then pursue it. If it doesn’t, it might be time to reassess your strategy.
Crypto is no longer just an innovative technology; it has evolved into a financial market intricately tied to the global economy. Some people may try to discourage you from investing in Bitcoin, but remember, opportunities are most valuable before they become mainstream. Don’t miss out on your chance.
Make wise investment choices, seek meaningful outcomes, and let crypto guide you toward a brighter financial future. 🚀
Disclaimer: The views expressed are third-party opinions and do not constitute financial advice.
#CryptoMarketMoves #BTC☀ #BinanceSquareFamily #patience $BTC
$1000SATS A big shout out to my friend here who trashtalks about the coin #CryptoDylan . Saying that $1000SATS is a useless meme, 2 yr old toddler. Now where are you at? 🤣 As I told you yesterday, you don't know how to read graph. You have a poor analysis. So you better stop giving negative comments on the "new" coin.
#conviction #patience
#conviction #patience
$1000SATS To all $1000SATS buyers. Please don't do the short investments. As you can see the graph, the coin is a long investment this time. You can maximize your profit just hodling it and don't do the selling.
#patience
#patience
#BinanceLaunchpool
Grab it Now!
Back in 2019, when Ethereum's $ETH price seemed like a steal, my colleague and I had a plan to invest in it and watch our investment grow. At the time, I had about NGN50,000, equivalent to $112, but I opted to invest in a different platform, hoping to multiply my money quickly and then buy a full unit of $ETH . Unfortunately, I ended up losing all my funds.
Meanwhile, my colleague went ahead and purchased a whole unit of $ETH for $112. Just two weeks later, he was already feeling the pressure to sell because he saw the price depreciating. I kept encouraging him to have patience, assuring him that in a year's time, he would likely see a significant return on his investment.
However, he couldn't withstand the uncertainty.Fast forward to 2020, and Ethereum's price soared to around $1,800! Now, in 2024, it's surpassed $3,000. This story underscores the importance of patience and seizing opportunities when they arise.
#grab
#patience
#Write2Earrn
Grab it Now!
Back in 2019, when Ethereum's $ETH price seemed like a steal, my colleague and I had a plan to invest in it and watch our investment grow. At the time, I had about NGN50,000, equivalent to $112, but I opted to invest in a different platform, hoping to multiply my money quickly and then buy a full unit of $ETH . Unfortunately, I ended up losing all my funds.
Meanwhile, my colleague went ahead and purchased a whole unit of $ETH for $112. Just two weeks later, he was already feeling the pressure to sell because he saw the price depreciating. I kept encouraging him to have patience, assuring him that in a year's time, he would likely see a significant return on his investment.
However, he couldn't withstand the uncertainty.Fast forward to 2020, and Ethereum's price soared to around $1,800! Now, in 2024, it's surpassed $3,000. This story underscores the importance of patience and seizing opportunities when they arise.
#grab
#patience
#Write2Earrn
So how you guys doing?
Enjoying with patience like me?
Let me clear the more time $BTC Stay here at these levels higher will be the Target. So have little bit more patience and you guys will be amazed after the biggest move by #bitcoin . Follow me and ask your queries on comment if any question from your side. I will try to clear your doubts. #patience
Enjoying with patience like me?
Let me clear the more time $BTC Stay here at these levels higher will be the Target. So have little bit more patience and you guys will be amazed after the biggest move by #bitcoin . Follow me and ask your queries on comment if any question from your side. I will try to clear your doubts. #patience
Get Ready Now
fasten your seat belts $BTC may go up now.
watch carefully and do some analysis before investment. #patience is the key. #
best of luck
fasten your seat belts $BTC may go up now.
watch carefully and do some analysis before investment. #patience is the key. #
best of luck
hi fellow traders, wanabe millioners, crypto enthusiasts, people spending most of their efficiency or energy on crypto, thinking of it most of the day, people just hopping in with the hope to gain millions (?) easy...
I got plenty of friends claiming that crypto is like stock markets bubles or gambling . even though I don't like hearing that, this is the truth . we gona talk later about them.
1. sooner or later I gona try organize mine content better, with beter visuals.
2. since I know our time (yours) is precious , I ona try avoid useless posts, sentences and try be on point. always feel free to ask me anything for further explain.
among these a bit useless nonsense I gona add lesson number one!!
in crypto industry there is Bitcoin and all other alcoins.
Bitcoin was the really first one that tried to make the difference and have true impact in the world. it almost did. rest coins , just ruined that attempt. they hopped in , in order to benefit the hype and earn some easy money.
ofc we know btc is inflatory. 21 millions maximum. 19.5 millions till now, with like 2-3 of them being lost in various hard drives sticks lost paers anything. next 1.5 million even with best equipment gona need like 100 years to be mined.
as years pass by, more people become aware of btc ( virtual gold for me). today global population is around 7 billion ( ? right ?) in 10 years it gona be like 10 billion and more people aware of it. so bigger demand and use .( even though btc compared to other networks is 2uite slow, with high fees and not so easy to be adapted in everyday transactions). so either we like it or not... demand Gona grow, like it's price. ofc reading articles about crypto , makes us confused about new projects that seems cool ,which might be. but don't forget that!!!
whenever btc goes up 90% of alts goes up. if btc goes down then again most of them go down. and ofc , random coins maybe gona disappear eventually due to low demand. while btc gona be here .
cu soon friends!! #BTC #lessons #altcoins #wise-lee #focus #patience #peace #peaceandlove $BTC $BNB
I got plenty of friends claiming that crypto is like stock markets bubles or gambling . even though I don't like hearing that, this is the truth . we gona talk later about them.
1. sooner or later I gona try organize mine content better, with beter visuals.
2. since I know our time (yours) is precious , I ona try avoid useless posts, sentences and try be on point. always feel free to ask me anything for further explain.
among these a bit useless nonsense I gona add lesson number one!!
in crypto industry there is Bitcoin and all other alcoins.
Bitcoin was the really first one that tried to make the difference and have true impact in the world. it almost did. rest coins , just ruined that attempt. they hopped in , in order to benefit the hype and earn some easy money.
ofc we know btc is inflatory. 21 millions maximum. 19.5 millions till now, with like 2-3 of them being lost in various hard drives sticks lost paers anything. next 1.5 million even with best equipment gona need like 100 years to be mined.
as years pass by, more people become aware of btc ( virtual gold for me). today global population is around 7 billion ( ? right ?) in 10 years it gona be like 10 billion and more people aware of it. so bigger demand and use .( even though btc compared to other networks is 2uite slow, with high fees and not so easy to be adapted in everyday transactions). so either we like it or not... demand Gona grow, like it's price. ofc reading articles about crypto , makes us confused about new projects that seems cool ,which might be. but don't forget that!!!
whenever btc goes up 90% of alts goes up. if btc goes down then again most of them go down. and ofc , random coins maybe gona disappear eventually due to low demand. while btc gona be here .
cu soon friends!! #BTC #lessons #altcoins #wise-lee #focus #patience #peace #peaceandlove $BTC $BNB
A person who never made a mistake never tried anything new.
#BTC #BinanceWish #BullRunReady #patience
#BTC #BinanceWish #BullRunReady #patience
hi all
u /we are around a see of info, ideas, signs, proposals, ideas, Willings, greed and fear.
among all these u should consider every single post idea as just one of all these... so important and so unimportant...
anyway mine proposal is
1. the typical that lasts almost for all times. invest on btc. ( told why in previous post). and have patience .
2. according to recent days market I would suggest if anyone wants to find some coins ( by himself ... not hear anyone else)... and probably go on futures like I did . depending on his portofolio he fix his leverage . and really important go on isolated mode and place as liquidation price something really big in difference and far from market price . so u almost remove the chance to be liquidated . think a bit also long term .. even for few weeks time or months on opposite direction . ( maybe some rebuys on short position at higher price help improve your average entry price). and wait for the profits . the coins to go down at some point .
I don't want name coins. ( but always is a good idea a long lasting coins that passed their hype.. and recent months years eventually loosing value...and interest.
that's for me, with hope I help
$BTC #patience $BTC
u /we are around a see of info, ideas, signs, proposals, ideas, Willings, greed and fear.
among all these u should consider every single post idea as just one of all these... so important and so unimportant...
anyway mine proposal is
1. the typical that lasts almost for all times. invest on btc. ( told why in previous post). and have patience .
2. according to recent days market I would suggest if anyone wants to find some coins ( by himself ... not hear anyone else)... and probably go on futures like I did . depending on his portofolio he fix his leverage . and really important go on isolated mode and place as liquidation price something really big in difference and far from market price . so u almost remove the chance to be liquidated . think a bit also long term .. even for few weeks time or months on opposite direction . ( maybe some rebuys on short position at higher price help improve your average entry price). and wait for the profits . the coins to go down at some point .
I don't want name coins. ( but always is a good idea a long lasting coins that passed their hype.. and recent months years eventually loosing value...and interest.
that's for me, with hope I help
$BTC #patience $BTC
PATIENCE.
This word means so much that as a trader you'll never be successful if you aren't patient. There's saying my lecturer Mr Ogunkunle (a.k.a OG) used to say; "It's never about how fast, it's about how well".
Learn and learn and keep learning, your day is around the corner, just wait a little bit more and don't give up.
#crypto2023 #neverGiveUp #patience #dyor #tradingtipoftheday
This word means so much that as a trader you'll never be successful if you aren't patient. There's saying my lecturer Mr Ogunkunle (a.k.a OG) used to say; "It's never about how fast, it's about how well".
Learn and learn and keep learning, your day is around the corner, just wait a little bit more and don't give up.
#crypto2023 #neverGiveUp #patience #dyor #tradingtipoftheday
#patience is the basic need to do crypto. if you have enough so come and invest in crypto.
hi fellow traders, wanabe millioners, crypto enthusiasts, people spending most of their efficiency or energy on crypto, thinking of it most of the day, people just hopping in with the hope to gain millions (?) easy...
I got plenty of friends claiming that crypto is like stock markets bubles or gambling . even though I don't like hearing that, this is the truth . we gona talk later about them.
1. sooner or later I gona try organize mine content better, with beter visuals.
2. since I know our time (yours) is precious , I ona try avoid useless posts, sentences and try be on point. always feel free to ask me anything for further explain.
among these a bit useless nonsense I gona add lesson number one!!
in crypto industry there is Bitcoin and all other alcoins.
Bitcoin was the really first one that tried to make the difference and have true impact in the world. it almost did. rest coins , just ruined that attempt. they hopped in , in order to benefit the hype and earn some easy money.
ofc we know btc is inflatory. 21 millions maximum. 19.5 millions till now, with like 2-3 of them being lost in various hard drives sticks lost paers anything. next 1.5 million even with best equipment gona need like 100 years to be mined.
as years pass by, more people become aware of btc ( virtual gold for me). today global population is around 7 billion ( ? right ?) in 10 years it gona be like 10 billion and more people aware of it. so bigger demand and use .( even though btc compared to other networks is 2uite slow, with high fees and not so easy to be adapted in everyday transactions). so either we like it or not... demand Gona grow, like it's price. ofc reading articles about crypto , makes us confused about new projects that seems cool ,which might be. but don't forget that!!!
whenever btc goes up 90% of alts goes up. if btc goes down then again most of them go down. and ofc , random coins maybe gona disappear eventually due to low demand. while btc gona be here .
cu soon friends!! #BTC #lessons #altcoins #wise-lee #focus #patience #peace #peaceandlove $BTC $BNB
I got plenty of friends claiming that crypto is like stock markets bubles or gambling . even though I don't like hearing that, this is the truth . we gona talk later about them.
1. sooner or later I gona try organize mine content better, with beter visuals.
2. since I know our time (yours) is precious , I ona try avoid useless posts, sentences and try be on point. always feel free to ask me anything for further explain.
among these a bit useless nonsense I gona add lesson number one!!
in crypto industry there is Bitcoin and all other alcoins.
Bitcoin was the really first one that tried to make the difference and have true impact in the world. it almost did. rest coins , just ruined that attempt. they hopped in , in order to benefit the hype and earn some easy money.
ofc we know btc is inflatory. 21 millions maximum. 19.5 millions till now, with like 2-3 of them being lost in various hard drives sticks lost paers anything. next 1.5 million even with best equipment gona need like 100 years to be mined.
as years pass by, more people become aware of btc ( virtual gold for me). today global population is around 7 billion ( ? right ?) in 10 years it gona be like 10 billion and more people aware of it. so bigger demand and use .( even though btc compared to other networks is 2uite slow, with high fees and not so easy to be adapted in everyday transactions). so either we like it or not... demand Gona grow, like it's price. ofc reading articles about crypto , makes us confused about new projects that seems cool ,which might be. but don't forget that!!!
whenever btc goes up 90% of alts goes up. if btc goes down then again most of them go down. and ofc , random coins maybe gona disappear eventually due to low demand. while btc gona be here .
cu soon friends!! #BTC #lessons #altcoins #wise-lee #focus #patience #peace #peaceandlove $BTC $BNB
Remember after hardship comes ease,
Keep building King!
Keep buildng Queen!
Patience pays!!!.🥰
#cryptocurrency #Binance #building #patience
Keep building King!
Keep buildng Queen!
Patience pays!!!.🥰
#cryptocurrency #Binance #building #patience