đ” Only 1% profit from the cryptocurrency markets, while the rest lose money to whales and venture capital funds.
đĄOnly some principles distinguish winners from losers.
Here are 4 things that the big players are hiding from you, but you should know them to make money in the crypto market đ§”đ
đ€·ââïž Cryptocurrencies are far from being a fair game, and 99% of crypto investors/traders will just become liquidity exits for big players/whales.
đ€ How to avoid this? Study the principles of the crypto market
đ Here are 5 principles whales don't want you to know:
1⣠Decentralized Finance (DeFi) protocols do not require a currency.
Most projects have the following model using a currency: facilitating governance division or enhancing liquidity and supporting the development of a secondary market.
Ideally, this is the case, but in reality, many projects end up creating a currency just so the team can profit from it.
How can such projects be avoided?
Here are some things you should check before buying any project's coin:
1. Price increases in line with user growth.
2. Processes market demand
3. Feature different from similar protocols
4. It serves a purpose beyond just making profits for its investors.
This is what a good project should be like.
Many projects nothing
In the world of cryptocurrencies, there are thousands of projects, and obviously not all of them are useful.
Many of them have a beautiful cover with amazing plans/roadmaps that will never happen.
So, how can you tell the difference between a facade and a really good project?
Here are some things you should ask yourself before buying a project coin:
1. Is the team real, who are these people and what experience do they have?
2. Who supported the project?
3. Is their assessment reasonable and what problems does the project solve?
3⣠Venture capitalists make money by investing in private equity rounds.
Always keep in mind that venture capitalists make their money by investing early in private equity rounds.
You may think you're getting in at a low price, but venture capital funds got in at 20x less.
Let me explain đ
Private tours are an integral part of any project to help it get off the ground and start developing its product.
What's bad? This can create huge sell zones as investors start dumping their coins and most of you will become liquid out.
How do you avoid this?
Here are some things you should check before purchasing the project's coin:
1. Currency unlock dates
2. Currency allocations
3. Due Date Schedule
Always check opening dates before investing.
4⣠Whales move against the market
Everyone has heard the phrase, âbuy fear and sell greed,â but few people succeed in doing it.
This is what whales do; they build their positions while everyone else is selling in panic and fear, and then take profits when greed sets in.
Thanks to this rule, whales are able to accumulate their positions during the decline and sell at the market's all-time high.
They simply understand the basic human psychology that governs the market.
Here's the rough pattern:
