đ¨ SHOCKING TRUTH THAT WILL SAVE YOU MONEY! đ¨
DONâT INVEST IN CRYPTO BEFORE READING THIS!
During the 2021 BTC bubble, I dove headfirst into crypto investing. Like many beginners, I bought every hyped coin I could afford.
Guess what? When the market crashed, I kept buying because everything seemed âcheap.â I didnât realize I was throwing good money after bad. By late 2022, Iâd faced severe losses, and only then did I discover these 5 life-changing truths about crypto investing.
đĄ 5 CRUCIAL LESSONS EVERY CRYPTO INVESTOR MUST KNOW
(No. 2 Will Blow Your Mind đ¤Ż)
1. Altcoins Follow BTC's Lead đ
When Bitcoin is bullish, 80% of altcoins follow suit. If Bitcoin is bearish, expect a domino effect across the market.
Lesson: Keep an eye on Bitcoinâit sets the tone for the entire market.
2. Buy in an Uptrend, Sell in a Downtrend đđ
This is where most investors fail.
If the market is bullish, buy assets that are in a confirmed uptrend on higher timeframes (1D, 1W, 1M).If itâs bearish, sell assets in a downtrend instead of holding on for a miracle.
Why It Matters: I lost big buying coins in freefall, thinking they were "cheap." The truth? Price action is your best friend.
3. Ignore the Hype from Gurus đ¤Ľ
Crypto "gurus" love hyping coins, but their advice only works if you understand price action.
Donât buy blindlyâstudy market trends and make informed decisions.
4. Thereâs No Such Thing as âCheapâ or âExpensiveâ in Crypto â ď¸
Many beginners buy coins just because they appear âcheap.â WRONG!Others skip high-value coins, thinking theyâre âtoo expensive.â
Truth: A coinâs price is irrelevantâwhat matters is its potential to grow based on market behavior.
5. Risk Management is Non-Negotiable đĄď¸
Never bet everything on one trade.Use consistent risk allocation to survive in the long term.
đĄ Pro Tip: Small, calculated risks across multiple trades will save you from devastating losses and keep you in the game.
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