So, in the new year, do you want to lose everything and become a hero among those who will tell everyone that 'crypto is a scam'? Then follow these 10 rules, and I guarantee you – your loss will be epic and irreversible. Believe me, in a couple of months you will remember this moment as the golden hour!
1. Don't ask yourself the question 'What if?'
Why analyze risks at all? Let fate decide for you. Invest in crypto without thinking. And if you suddenly lose everything, those are your personal 'genius' decisions, right?
2. Follow everyone who shouts 'Hooray!'
When someone in the chat shouts: 'Bitcoin to 500 thousand!' – that's a chance not to miss! Buy at the peaks, sell at the troughs. Logic? You don't need it, it's more important to follow the crowd.
3. Don't set stop-losses, don't torture yourself.
Stop-loss is for weaklings who fear losing money. You're a true hero, who will hold on until the last moment, until the crypto crashes into the abyss.
4. Ignore all research, analyses, and news.
News? Fundamental analysis? Why? All these 'complicated' things hinder the will to act. Better to follow the advice of anonymous 'experts' in the comments.
5. Buy for free, sell when it's already too late.
Ideally, you should invest all your money in that altcoin that no one has ever heard of, and then sell when it drops by 90%. Selling on the rise? No, that's not your style.
6. Keep all your money in one coin.
Diversifying risks? What's the point? Buy that 'amazing' coin that 'is about to soar' and forget about diversification. It's time to move in one direction – towards complete disaster!
7. Wait for wealth overnight.
Soon everything will be! Well, or not soon. The main thing is the hope that in one week you will become a millionaire. If that doesn't happen, then you just weren't lucky!
8. Ignore all market signals.
The market is falling? Then it's the perfect time to increase your positions! The market is rising? Sell, because someone surely knows that a crash is coming.
9. Trading is about magic.
Why even learn? Books, courses, and advice from experienced traders are for those who are afraid to take risks. You know better than anyone, and you have enough intuition and pride to make trades at random. Even better if one of your relatives is into fortune-telling – then you are definitely doomed to success!
10. Believe only in your 'intuitive' forecast.
It doesn't matter that the market is going against your position. You definitely know when it will turn around, right? You are a prophet of the cryptocurrency market, and your intuition is infallible until it's too late.
So if you want to be a true expert in losses, follow these wonderful rules. And remember: crypto is not for those who are 'too cautious' or 'think too much'. It's for those ready to ruin their lives in one day.
Lost? Don't worry, tomorrow you can start all over again... or lose even more! Hooray!