As I often say, those who are trapped in FOMO will suffer, especially if they do it with leveraged trading.
To make a profit is actually quite simple.
- Use cold funds
- Trade only in the spot market
- Buy assets that are in the top 5, top 10 to top 20 (maximum) market cap
- Every time the price drops, do Dollar Cost Average
- Try to only buy when the market is bearish
- Be a true Hodler, Only sell when profit is made.
Buying Bitcoin is a future savings
Buying BNB is a luck
Buying XRP is a reasonable speculation
Buying parody and joke tokens is insanity.