If you once made your million bucks in crypto by being in the right place at the right time, you will then have to go through the downfall of the God mode.
You will inevitably return most of that money to the market. You won’t go and fix them in your life. After a sharp rise, the appetite for risk grows significantly.
And what will happen to you over the entire next cycle, you can’t even imagine.
Almost every one of your arguments will be inherently processed by the system.
And here, it would seem, is an excellent option - just buy and wait.
Yes! If you have a stable profitable business that outweighs all the top benefits of crypto that you've already tasted. Then "holding" is very simple.
But if you made money on the spot, don’t develop further, and plan to continue living “from summer to summer” - no. This won’t work unless you are a fund that has access to analytics a year ahead.
The constant situation of uncertainty will force you to make emotional decisions at least once every six months. And then try to justify your mistakes with new emotional decisions.
If you devote a lot of attention to INVESTING in crypto, you need additional income. Constant. Stable. This is an axiom.
It sounds pretentious, but it’s obviously not clear to everyone.
Especially when it comes down to it, it turns out that a person can really expect the spot to solve their systemic life issues.
Precisely expect. Solutions.
Not solve, but wait…