TO WIN, FOLLOW THE WINNERS' STRATEGY
Many beginners, and even some experienced traders, lose money in crypto. Why? Simply because they don't follow the strategies of the successful investors.
First, let's identify who these winners are: typically, it's the "smart money," the investors with significant capital. Their approach is straightforward: they buy when the market is low and sell when it's high.
From June 2022 to March 2023, while many individuals were panicking and selling their crypto assets out of desperation, the smart money was quietly buying up these assets. This strategy allowed them to fill their wallets and maximize profits. Now, these investors are already enjoying substantial gains, and they will likely be the ones to trigger corrections and signal the end of the bull market when they decide to cash out.
Unfortunately, many cryptocurrencies that have not yet surged remain undervalued, similar to Bitcoin when the smart money was accumulating it. Yet, some investors focus on hype-driven coins like $SHIB , $BOME , or $PEPE , often chasing after recent gains rather than potential future ones. If you find yourself consistently losing money, it's likely due to irresponsible investing and a lack of research. Investing in trending cryptos without considering if it's too late can lead to significant losses, as those down 40-50% on PEPE, SHIB, and similar coins have learned. This serves as a harsh lesson. Many may criticize this view, but these same individuals will likely face significant losses at the end of the bull market if they don't adjust their strategies.
These are my personal views. Thank you for reading.
