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BullishBanter
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It took me four years in the crypto market to learn these lessons, and you only need two minutes to read them:
1. Regardless of the market's condition, one constant remains: 8% of individuals will always share 21 million Bitcoins.
2. Mastering financial management, capital management, and risk management is exponentially more critical than perfecting technical analysis or conducting crypto research.
3. There are numerous ways to earn from the crypto market passively. Trading shouldn't be your sole focus.
#Bitcoin has averaged over 100% growth annually for the past 15 years. Yet, why do so few people profit? The reason lies in the misconception of quick riches. Most people dive into crypto with the get-rich-quick mentality. If you can't dedicate at least four hours daily to crypto, stick to buying only $BTC and Ethereum—70% in BTC and 30% in $ETH . Trust no one. Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your trading decisions.
Investing aims to enrich life meaningfully. If your crypto gains make life genuinely meaningful, pursue it. If not, reconsider. Though crypto originated from technology, it has evolved into a financial market. Investing in this market with a tech mindset is challenging. Cryptocurrencies are increasingly linked to mainstream financial markets, with macroeconomic factors playing a more significant role.
People don't question buying land, gold, or diamonds. Yet, buying Bitcoin often attracts skepticism and disapproval. That's fine because when the masses accept something, the opportunity may be gone or diminished. Act while the opportunity is still there!
#Write2Earn! #BinanceTurns7 #BullBanter #altcoins
1. Regardless of the market's condition, one constant remains: 8% of individuals will always share 21 million Bitcoins.
2. Mastering financial management, capital management, and risk management is exponentially more critical than perfecting technical analysis or conducting crypto research.
3. There are numerous ways to earn from the crypto market passively. Trading shouldn't be your sole focus.
#Bitcoin has averaged over 100% growth annually for the past 15 years. Yet, why do so few people profit? The reason lies in the misconception of quick riches. Most people dive into crypto with the get-rich-quick mentality. If you can't dedicate at least four hours daily to crypto, stick to buying only $BTC and Ethereum—70% in BTC and 30% in $ETH . Trust no one. Trust leads to hope, disappointment, and errors. Learn independently and take responsibility for your trading decisions.
Investing aims to enrich life meaningfully. If your crypto gains make life genuinely meaningful, pursue it. If not, reconsider. Though crypto originated from technology, it has evolved into a financial market. Investing in this market with a tech mindset is challenging. Cryptocurrencies are increasingly linked to mainstream financial markets, with macroeconomic factors playing a more significant role.
People don't question buying land, gold, or diamonds. Yet, buying Bitcoin often attracts skepticism and disapproval. That's fine because when the masses accept something, the opportunity may be gone or diminished. Act while the opportunity is still there!
#Write2Earn! #BinanceTurns7 #BullBanter #altcoins
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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