It took me 4 years in crypto to realize these lessons, but it only takes 2 minutes to grasp them: đ€
1. Bitcoin Fact: No matter how volatile the market is, one fact remains: 8% of people will control the 21 million Bitcoin supply. Think about that.
2. Skills over charts: Mastering money, capital and risk management is 100 times more important than any technical analysis or in-depth crypto research. Why? Because without risk management, no strategy can save you.
3. Make Money While You Sleep: Want to make money without constantly trading? Crypto offers a lot of passive income avenuesâstaking, yield farming, lending, and more. The key is knowing where to look.
Bitcoin Performance: Over the past 15 years, Bitcoin has averaged over 100% annual gains, but very few people have made a profit. Why? The lure of getting rich quick clouds judgment. If you canât devote at least 4 hours a day to crypto, stick to a 70/30 BTC-ETH split. Let Bitcoin and Ethereum work for you.
Trust no one: Blind faith leads to hope, disappointment, and bad decisions. Educate yourself and take full responsibility for your actions. This is how you truly gain experience âmaking moneyâ in the crypto space.
The real purpose of investing: It's not just about making money. The goal is to make your life more meaningful. If crypto investing can do that, great. If not, take a step back and reconsider.
The Evolution of Cryptocurrencies: What started as a technological revolution has now become fully integrated into the macroeconomic world. No longer just a digital assetâcryptocurrencies are influenced by global financial markets.
Don't wait for adoption: People may tell you not to buy Bitcoin, but once it becomes widely accepted, the golden opportunity will be gone. Act while you still can.
Invest smart. Make choices that fit your goals. Let crypto be your path to a more meaningful and prosperous future.
