3 principles you must know to make a profit in the cryptocurrency world

Only 10% of people in the crypto market make money with cryptocurrencies

The rest lose money because of whales and venture capital

Here are 3 principles that whales/insiders don’t want you to know:

1. Many projects are meaningless

• There are thousands of projects in the crypto space, but not all of them are really useful

• Many have beautiful covers with incredible plans/roadmaps that will never be realized

2. Venture capitalists make money by investing in private rounds

• Always remember that venture capitalists make money by investing in token seed rounds and private rounds early

• You may think you are entering at a low price, but VCs are entering at 20 times lower prices

3. Whales act in the opposite way to the market

• Everyone has heard of "buy fear, sell greed", but few people can do it

This is what whales do, they build their positions when everyone is selling in panic and fear, so when greed comes, they profit

Before buying a project token, you should ask yourself the following questions:

• Is this team real? Who are these people? What experience do they have?

• Who backed the project?

• Is their valuation reasonable and what problems does the project solve?

• Unlocking activities

• Token distribution

• Vesting schedule

Be sure to monitor the unlocking date before investing

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For friends who want to dig deep in the cryptocurrency circle but don’t know how to start, you can find me by looking at my brief introduction, sharing cryptocurrency market strategies and operations every day