It took me 4 years in the crypto market to realize these lessons, but you only need 2 minutes to grasp them: 🤏
1. The truth about Bitcoin: No matter how the market fluctuates, one fact remains true: 8% of people will control the supply of 21 million Bitcoins. Let it rest.
2. Skills over charts: Mastery of financial, capital and risk management is 100 times more important than any technical analysis or deep research on cryptocurrencies. Why? Because without risk management, no strategy will save you.
3. Make money while you sleep: Want to make money without constantly trading? Cryptocurrencies offer many avenues for passive income: staking, yield farming, lending, and more. The key is knowing where to look.
Bitcoin's performance: Over the past 15 years, Bitcoin has averaged over 100% annual gains, but very few people are making any profits. Why? The get-rich-quick allure clouds judgment. If you can't dedicate at least 4 hours a day to crypto, stick with a 70/30 BTC-ETH split. Let Bitcoin and Ethereum work for you.
Don't trust anyone - blind trust leads to hope, disappointment, and bad decisions. Learn independently and take full responsibility for your actions. This is how you will truly gain "minting" experience in the cryptocurrency space.
The real purpose of investing: It's not just about making money. The goal is to make your life more meaningful. If cryptocurrency investments can do that, great. If not, take a step back and reconsider.
The evolution of cryptocurrencies: What started as a technological revolution is now fully integrated into the macroeconomic world. It is no longer just about digital assets: cryptocurrencies are influenced by global financial markets.
Don't wait for approval and luck with your investments$BTC
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Truths about the cryptocurrency market
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