Read this or lose all of your money
In life, like in trading, you'll end up with sheep if you follow sheep.
Today I see tons of posts saying "During bitcoin halving coin X will go 2x, coin Y will go 5x, coin Z will go 4x, etc. ...
Nobody talks about the possible downsides/risks.
I want to keep today's message simple:
It's your money, you worked hard for it, so don't base your decisions on what some random degens are doing in the space. Act carefully.
I'm not saying prices are gonna crash, but you know how it works:
Someone says "Buy $PEPE now!"
You get FOMO and ape in blindly during a high and sell at a loss.
Then the next degen says to buy some c*mrocket coin,
and again you get FOMO, ape in, crap your pants, and sell at a loss.
We've all been there as new, naive traders at one point or another.
Plan your moves, invest what you believe in, stop chasing the next meme sh*tcoin, and be smart.
Might sound boring but it is what it is.
Stay safe, stay awesome,
- Professor Mende
#advise #wisdom #mindest #cryptomarket