Fashionably Late is a No-Go!
If you're eyeing a coin just because it's pumping, you're already behind. Timing is crucial; avoid the FOMO trap.
Learn from Mistakes, Not Repeat Them!
Repeating mistakes only pumps the price of regret. Invest in coins with substance, not just hype.
Quality Over Quantity Wins!
Holding onto solid projects and high market cap coins pays off in the long run. Invest in projects that stand the test of time.
Delayed Decisions Beat Impulsiveness!
Unplanned decisions, especially urgent ones, should face a 10-minute delay. This simple rule can save you from costly mistakes.
Beware the Overpumped!
If a coin has been pumping for days, prepare to short it. Trends can reverse, and being on the lookout is key.
Trade Against the Tide!
Learn to trade against your initial decisions, against the trend—this is your ticket to becoming a successful trader.
Mind Your Leverage!
Never leverage more than 10x. Leverage is designed for bleeding; use it wisely to avoid unnecessary risks.
Avoid Overchecking!
Constantly checking your account and market prices can lead to impulsive trades. If you believe in a project, trust the hodl and minimize market checks.
Say No to Borrowing, but If You Must...
If borrowing is inevitable, stick to stablecoins. Borrowing BTC and repaying it after a massive pump can result in significant losses.
Avoid Chain Reactions!
Skip the first transaction that could trigger a chain reaction leading to potential losses. Stay cautious.
Secure Your Deposits!
Consider locked staking immediately after depositing. It might seem cautious, but it's better than risking everything.
Embrace Stoicism!
Be emotionally detached. Whether you profit greatly or incur losses, maintain a stoic mindset for a balanced trading journey.
Trade Against Emotions!
Master the art of trading against emotions, trends, and tides. This skill is your key to profitable trading.
Futures Wisdom: Long-Term and Low Leverage!
In futures trading, opt for long-term trades, take profits, or get liquidated using low leverage. Safety first, profit second.
Understand the Market's Nature!
The market is designed to challenge traders; play by its rules, or risk being played. Adapt and thrive in this dynamic environment.
Trade smart, traders!
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