Be patient.
Entering the crypto market usually means you want to profit, but many are approaching it incorrectly. I’m confident that around 80% of investors will lose money during this bull market.
Too many people dive into cryptocurrencies just because they’ve heard of them, buying at peak prices and then wondering what to do with their $SHIB when things go south.
Here’s the blunt truth: your investment choices are your own responsibility. Stop seeking validation from others and start making informed decisions.
If you choose to invest poorly, that’s on you—don’t expect those who offer sound advice to feel responsible. Here's a step-by-step guide to help:
1. Look for lesser-known cryptocurrencies listed on Binance.
2. Review their charts. Avoid those with recent surges (e.g., +300%). If the coin has been stable, consider investing no more than 10% of your portfolio.
3. Set sell orders when the cryptocurrency has increased by 200%. For instance, if you buy at $1, set your sell order at $3.
The crucial part is to wait. It’s that straightforward. However, many won’t adhere to this strategy because they’re tempted by quick profits, which often leads to losses.
Follow these steps and your odds of success will improve—provided you can be patient.