It took me four years in the crypto market to learn these lessons, and you only need two minutes to read them:
1. No matter how the market fluctuates, one thing remains constant: 8% of people will always share 21 million Bitcoins.
2. Mastering financial, capital, and risk management is far more critical than perfecting technical analysis or diving deep into crypto research.
3. There are many ways to earn passively in the crypto market; trading shouldn't be your only focus.
#Bitcoin has averaged over 100% annual growth for the past 15 years, yet so few people profit. Why? Because many enter the market with a get-rich-quick mentality. If you can't dedicate at least four hours daily to crypto, stick to buying only $BTC and Ethereum—70% in BTC and 30% in $ETH. Trust no one but yourself. Trusting others often leads to hope, disappointment, and mistakes. Learn independently and take responsibility for your trading decisions.
The goal of investing is to enrich your life meaningfully. If your crypto gains do that, pursue it. If not, reconsider your approach. While crypto started as a tech innovation, it has become a financial market. Investing in this market with a purely tech mindset is challenging. Cryptocurrencies are increasingly linked to traditional financial markets, with macroeconomic factors playing a more significant role.
People don’t question buying land, gold, or diamonds, but buying Bitcoin often sparks skepticism. That’s okay—by the time the masses accept it, the opportunity might have passed. Act while the opportunity is still there!