đĄ It took me 4 years in the crypto market to realize these things & you only need 2 minutes to read:
1. Unchanging Rule: Regardless of market conditions, 8% of people will share 21 million BTC.
2. Skills Matter: Financial management, capital management, and risk management are 100x more crucial than technical analysis and crypto research.
3. Passive Income: There are many ways to earn in the crypto market while you sleep. Donât just focus on trading.
đš On average, #Bitcoin has increased by more than 100% per year over the past 15 years. But why do so few people profit?
đ Mindset Shift:
- Most people dive into crypto to get rich quickly, but this mentality rarely succeeds.
- If you canât dedicate at least 4 hours a day to crypto, stick to Bitcoin & ETH: 70% #BTC, 30% #ETH.
- Trust No One: Trusting others can lead to hope, disappointment, and mistakes.
- **Self-Reliance**: Learn independently & take responsibility for all your trading actions.
đ Practical Tips:
- The ultimate goal of investing is to enhance your lifeâs meaning. If crypto investments do that, pursue it; if not, reconsider.
- Crypto originated from technology but has evolved into a financial market. Investing requires a financial mindset, not a tech-focused one.
- Cryptocurrencies are increasingly tied to mainstream financial markets, influenced by macroeconomics.
â Perception:
- No one questions buying land, gold, or diamonds. But buying Bitcoin often attracts skepticism.
- Remember, once something is widely accepted, the opportunity might no longer be as lucrative!
#US_Job_Market_Slowdown #BinanceTurns7 #Babylon_Mainnet_Launch #Write2Earn!
