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fuzail siddiqui
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not gonna lie , bt price action of
$XRP
is looking really healthy ๐
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fuzail siddiqui
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๐ฑ ๐ช๐ฎ๐๐ ๐ง๐ผ ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ถ๐๐ธ ๐๐ป ๐๐ฟ๐๐ฝ๐๐ผ ย People have lost everything in #crypto just because they don't do risk management.ย ย ๐๐, ๐๐ ๐กโ๐๐ ๐ 5 ๐กโ๐๐๐๐ ๐ก๐ ๐๐๐๐๐๐ ๐ฆ๐๐ข๐ ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐ฆ๐๐ข๐ ๐๐๐๐๐๐ก๐ ๐ ย 1๏ธโฃ Diversifyย ย โช๏ธ Diversification is the only free lunch in investing. ย โช๏ธ Diversification helps investors lower their risks, but don't try to overdiversify, as it can hamper your returns too. ย 2๏ธโฃ Take profits ย โช๏ธ No one ever went broke taking profits.ย ย โช๏ธ Taking profits is the only way to be rich, so take profits. ย 3๏ธโฃ Don't sell everything.ย ย โช๏ธ Taking profits is good, but remember not to sell 100%. ย โช๏ธ Always keep 10%-15% as your moon bag in case the market pumps even harder. ย โช๏ธ Most people completely sold their $SOL and $FTM for 5x-10x only to watch them pull another 10x in a few months. ย 4๏ธโฃ Don't keep assets on CEXes ย โช๏ธ This is something I don't have to explain, as people already know this.ย ย โช๏ธ But still, many people keep their funds on CEXes as they think it's 100% safe. ย โช๏ธ Looking at #FTX and #WazirX, it's safe to say that there's no such thing as too big to fail. ย โช๏ธ If you're actively trading on CEXes then only keep trading funds there and rest on cold wallets. ย 5๏ธโฃ Focus on liquidityย ย โช๏ธ Buy when liquidity is entering the market. ย โช๏ธ Look out for narratives and coins on which liquidity is flowing and bet on that.
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๐โโ๏ธ Q4 Cheat sheet Once Bearish Q3๐ป is over I welcome you to Bullish Q4๐ ๐ปRektember โ ๐Uptober โ ๐Bullvember | Always has been๐ #Bitcoin
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Many may think that market is crashing.. ๐ฌ Actually.. when in doubt.. zoom outโ๏ธ This correction is a sign of healthy market.. we need to take out both early longs and late shorts to start the moonrun ๐
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