✨ Morning Thoughts ✨ Lessons To Learn & Implement in Crypto🥂
What can the dot com crash teach us about modern investing? In the late 90s, everyone wanted to join the Internet gold rush.. But for many, it ended in disaster when the dot com bubble burst.. Here's what we can learn from that arduous journey to avoid making the same mistakes and implementing those lessons in your crypto journey:
1. Hype doesn't equal value: Just because something is popular doesn't mean it's worth investing in. Focus on the actual value of the company, not the hype.
2. Do your research: Always understand the company's business model and profitability before investing.
3. Profit is important: A company must have a clear path to making money. High growth is good, but profits are essential.
4. Be skeptical about a big deal: If it starts to rise too quickly or its promises are too great, be skeptical about it.. Quick gains often come with high risks.
5. Stick to discipline: Don’t let your emotions control your investments. Stick to your plan and avoid making rash decisions based on the excitement of the market.
🌿 Conclusion 🌿
A hyped crypto project doesn't mean it would be successful, guys always remember that trends vary. Top 10 crypto coins are safe like $BTC $ETH or $SOL ... but what you should do is always look for long term investment and buy other projects while they are hot, and sell while the hype is at its peak.
💥 Finally Don't forget to Vote for @CryptoVenom please as you saw in the attachment down it takes only one second of your time💥
When you vote answer ✨ voted ✨ in the quiz for #BTC rewards 🚀🚀🚀
