After working six months in the crypto space, you should be wise enough to understand a few key principles:
— Hype is your enemy. If everyone is raving about a coin, it’s already too late.
— Everyone loves a pump, but remember, it won’t last forever. When the euphoria hits its peak, it’s a sign to rethink your strategy, not a reason to buy more.
— No one truly knows where the top or bottom of the market is. If someone claims they do, they’re either lying or just lucky.
— Risk management is your safety net. Without it, you’re not trading, you’re gambling.
— Greed and the temptation to hold out for "just a little more" are what cause most traders to fail.
— DYOR (Do Your Own Research) isn’t just a saying, it’s a must. If you don’t fully understand what you’re investing in, you’re simply hoping for a miracle.
Remember, we’re here to win, not to let the market play us. 💪🧠