How Did I Make 1 Crore in Crypto?
Ever wondered how to make a crore in crypto without breaking a sweat (well, maybe a little)? Let me spill the beans on my secret sauce on my second segment of crypto brainstorming series !
🟢 Comprehensive Research
No, I didn’t just close my eyes and throw darts at a list of cryptocurrencies! I dove deep into the tech, teams, market potential, and use cases before investing. Imagine Sherlock Holmes, but with a laptop and a lot of caffeine.
🟢 Diversified Portfolio
Ever heard the saying, "Don't put all your eggs in one basket"? Well, I didn't put all my Bitcoin in one wallet either! I spread my investments across various cryptos, reducing risk and increasing the chances of hitting that jackpot.
🟢 Risk Management
I wasn't just YOLO-ing my money into Dogecoin. I had strict risk management strategies in place. Stop-loss orders? Check. Only investing money I could afford to lose? Double-check. This way, I protected my capital like a mama bear protects her cubs.
🟢 Staying Updated and Educated
I didn’t just set it and forget it. I kept myself in the loop about market trends, regulatory changes, and the latest tech.
🟢 Strategic Entry and Exit
Timing is everything, I developed a disciplined approach to buying during market dips and taking profits systematically when prices surged. It's like surfing the crypto waves—catch the dip, ride the high, and repeat!