In my 10+ years of Crypto exp. I have made so many mistakes that have cost me a lot of money.
Here are the 3 most common mistakes that 99% of investors make that prevent them from accumulating great wealth.
1️⃣ Overestimating your Alpha
▶️ Sometimes we overestimate our alpha and just keep investing more and more.
Even if the project performs well, what's the benefit for you if you have not booked any profit
2️⃣ Thinking you are early
▶️ If you really know whether you are early or not, then
- Follow on chain movement.
-Research about the project even before tokens are available
3️⃣ A big VC invested
▶️ If you think that any project is backed by some big VCs, then it will not fail.
Always remember that they are humans and can make mistakes too.
▶️ Ex - #AlamedaResearch
