Three principles you need to know to ultimately profit in the #crypto market:

Many projects are meaningless: In the crypto space, there are thousands of projects, but not all of them are truly useful. Many have fancy covers with unbelievably ambitious plans that may never materialize. 🚀

Before buying project tokens, ask yourself:

Is this team real?

Who are these people?

What experience do they have?

Venture capitalists make money by investing in private rounds: Always remember, venture capitalists make money by investing in early-stage token seed rounds and private rounds. You might think you're getting in at a low price, but VCs get in at 20 times lower prices. 💰

Whale behavior is contrary to the market: Everyone's heard "buy fear, sell greed," but few can actually do it. That's what whales do. When everyone is panicking and selling in fear, they build their positions, so when greed sets in, they profit. 🐋

Before buying project tokens, ponder:

Is their valuation reasonable?

What problems does the project solve?

Unlock activities

Token distribution

Ownership schedule