During the May Day holiday, I read Shenyu's article again, about different strategies for different asset sizes and risk preferences. I would like to share the key points with you, which can be summarized as follows. Within $100,000: learn more, do more, brush airdrops, brush whitelists, find potential projects, and improve capital utilization.

100,000 - 1 million USD: Do not use leverage to trade cryptocurrencies, do not play with contracts, find your own coin base, acquire chips at a low price, and find your own ten-fold coin.

1 million - 10 million USD: Do not short sell, flexibly use low-leverage DeFi lending protocols, observe more, arbitrage more, adhere to the currency standard, pursue the growth of the currency standard, and obtain stable cash flow through arbitrage, staking, etc.

$10 million - $100 million: Improve your life, read more, exercise more, change your cognition and circle, hold on to core assets, avoid big pitfalls, pursue low-risk stable appreciation and good cash flow, don’t play with contracts, don’t start a business, be careful to avoid pitfalls, maintain a certain amount of currency-based assets and stablecoin assets, and use part of the assets to invest in the track you are optimistic about.

Many people like to imitate successful people and think that success is simply copy and paste.
In fact, success is only worth reference, failure is worth learning from. The following are the common mistakes made by losers:

Failure to recognize the nature of the industry leads to blind faith in too many projects.

They have no respect for the market, gamble with high leverage, and think it is easy to make money in the cryptocurrency world.

Being lazy by nature and afraid of meaningless efforts, he always stays where he is.

Over-reliance on analysis and guidance from various "teachers".

Do not review or reflect, and refuse to spend time studying the underlying logic and human nature.

Frequent operation and self-doubt.

Believe in the project, continue to recharge your faith, and lock up your assets with infinite superstition.

I feel extremely anxious and my mentality is unstable.

Always stay in the low-quality circle, and be keen on one dog-eared project after another. Give up on breakthroughs! Give up on learning! Give up on growth!

Blindly trust the "friends" you met in the cryptocurrency circle.

They are keen on news and emotions, and receive huge amounts of information.

Get used to self-denial.

Well aware that it is a Ponzi scheme, they deceive themselves and imagine that new people will continue to come in to take over, thus missing the best opportunity to withdraw.

Ignore the law of the jungle and neglect the safety of funds. Successful experiences cannot be replicated, but the lessons of failure can certainly be learned and reflected upon. The sadness of the crypto market is interlinked. What holds you back is never the price, but the anchor of your heart; what holds you back is never the environment, but desire. The above content comes from the Internet and does not constitute investment advice.

I am Si Qing. If you are confused about your future direction and don't know what to do, click on my avatar to introduce me.#DOGEUSDT #BTC $ETH $SOL