The bull market of 2024 will change your life forever... as long as you do it right!
Follow these 30 tips to maximize your success!
✅Invest in high-quality#smallcoins, such as $KAS $QUBIC $INJ $TAO $RIO $CHNG $TRIAS $AZERO $NAKA $SPACE $ZEPH $AIPG
✅Follow cryptocurrency-related topics (artificial intelligence, games, real assets, first-level chains, decentralized exchanges)
✅Building a network is crucial (“Your network is your net worth”)
✅Store most cryptocurrencies in secure hardware wallets
✅Be patient, most profits come towards the end of the crypto cycle (most likely in 2025 if history repeats itself)
✅Stay informed about your investments
✅No matter how confident you are in any crypto project, don’t go all in – diversification is important!
✅Make fixed investments in strategic buying areas
✅Understand tax implications
✅Beware of scammers
✅Be sure to do your own research before investing in any small currency
✅Don’t go full position, always keep enough cash to buy the dips
✅Only use leverage trading if you know what you are doing (it will most likely take years of practice!)
✅I do not recommend investing in cryptocurrencies after Bitcoin hits new highs
✅ Pay attention to macroeconomic conditions
✅Only invest the amount you can afford to lose
✅ If your non-crypto friends are suddenly talking about crypto and feeling FOMO, it’s probably time to sell
✅ Using Tradingview is a must-have tool for any serious investor!
✅Learn if it is possible for you to stake your altcoin to generate passive income
✅Always stay one step ahead and have a general profit plan for band runs, but be able to adapt to it if the plan doesn't go well
✅Each small currency has a unique market cycle! If one of your small currencies does not rise as fast as other currencies, be patient. If the fundamentals are good, there is no need to worry.
✅I only recommend buying coins that you have a high degree of confidence in, otherwise you may panic sell when the market drops.
✅Don’t blindly follow opinion leaders, understand that some people may have their own purposes in promoting worthless projects.
✅If you have no trading experience, don’t trade, stick to investing (in a bull market, most gains come from investing)
✅Learn technical analysis and know when to buy or sell your coins – follow my account @DECRYPTEDlabs for technical analysis education and accumulation strategies on your favorite altcoins
✅Don’t get caught up in the hype frenzy at the end of the bull market! While 99% of market participants will remain optimistic, you need to exit the market
✅After you make life-changing profits, withdraw them and invest them by purchasing “real world” assets such as real estate
✅In the crypto space, the best investors are not necessarily the ones who make the most money in a bull market, the ones who can retain their profits are the most successful.
✅Have the right mentality - never give up!
✅Understand this: In the crypto market, failure is just a necessary step on the road to success. I've grown the most in my crypto journey through failure. Accept the challenge, learn the lessons and become a legend!
Public account: Lei Jie Encryption View #BTC #AZERO #KAS #INJS #TAO