Summer, a wonderful time when you can take deliberate steps in crypto without rushing. Plant the seed and wait for the harvest. If you follow this strategy, the results will be noticeable soon.


What you definitely shouldn't do now is rush, make emotional decisions, constantly change your game plan, and swing from one extreme to another.

This is a stage when people in the market are being shaken up, with FUD (Fear, Uncertainty, and Doubt) fueling the fire and all hopes being ground to dust. The sentiment reflects this – the crowd is losing faith in a positive and logical end to the market cycle, increasingly betting on a bearish scenario.

Here, I mean things like this:

When a person sees a market correction, they begin to doubt all their DYOR (Do Your Own Research). They follow the crowd and rush to sell their positions.

When a person sees a pump in the market, they experience FOMO (Fear of Missing Out) and jump into the market without adhering to risk management rules, especially if they sold positions at a loss during the correction.

Don't let emotions take control, or the market will tear you apart. Stick to the basic rules of working in the financial market and don't act under emotional pressure. You won't become a crypto guru in a short period, but these rules will at least protect you from fatal mistakes.

Also, you should only risk funds whose potential loss won't drastically change your life. Remember that working with your finances in investments, business, etc., involves taking on risk. If you can't handle risks, then don't invest in anything—whether it be business, the stock market, crypto, or real estate. Stay in a job where you take minimal risks, live "stably" from paycheck to paycheck, and don't change anything.

I don't know a single person who has achieved a good standard of living without taking risks. But on the other hand, just taking risks is not enough. You also need to understand the goal for which you're taking risks and how to manage them. If you go all-in because you want a "life change" and super profits, life will chew you up and spit you out.

This post is a bit harsh, but you've all come here with the goal of "making money," right? Otherwise, why would you even be looking for any information about crypto, investments, and so on? I highly doubt you've come to crypto to become a blockchain developer—though there are some here, but they are 0.01%, if that. So I wanted to bring you back to reality a bit.

On one hand, I feel sorry for people who enter crypto during the hype and lose money in the pursuit of quick gains.

On the other hand, without these people, I wouldn't be able to make money. The psychology of the crowd is very primitive, and with experience, it becomes easy to read market narratives and use this to understand when it's time to buy an asset and when it's better to sell.

This isn't just how crypto works. Any financial market reflects our lives. The 95% always bring money to the 5%. There's even a parable, which I won't recount word for word, but I'll summarize it for you:

If you took all the wealth in the world and divided it equally among all people, within a few years, everything would return to the way it was. The rich would become rich again, and the poor would become poor again.

Financial prosperity = the ability to take and manage risks. Your life is only in your hands.

But don't forget one very important rule: material things don't bring true happiness. You can't buy friendship, love, loyalty, or health with money.

Find balance in all of this, and you’ll be surprised at how much your life and your surroundings can change.

Not long ago, the entire cryptocurrency industry was trembling and fearful of regulation, especially after unprecedented actions and statements from SEC Chair Gary Gensler.

But today, the 21Shares Fund, and yesterday VanEck, have filed applications with the SEC to launch a spot Solana ETF. They've given the green light to a spot ETH ETF. Coinbase is suing the SEC over regulatory uncertainty, and the Supreme Court is aiding the cryptocurrency industry.

I remember how in 2021-22, experts were burying crypto, saying that the evil regulator would come and everything would collapse. Checkmate – it's 2024, and institutional acceptance of cryptocurrency is happening.

Think big – this industry can't be stopped because it is genuinely needed for the progress of the global financial system.