The rules for making money in the crypto world must be remembered.
💪🏻 Rules for making money in crypto 💪🏻
Those who can really make big money in the crypto world are not the ones trading coins, but the ones holding coins.
The key is whether you have coins in your hands, not the fluctuations of market prices in front of you...
To hold onto coins in the crypto world, there are three basic elements: 👇
👉🏽 First is holding coins:
1. When holding coins, invest with spare money, not all in. If the market doesn't meet expectations and you need money, you'll have to cut losses painfully.
2. When holding coins, you must have a belief in value. Understand the founder's intentions, ideological consensus, underlying technical strength, ecological construction, and future value consensus of the project.
3. When holding coins, you must remain calm. In the face of future value, don't care about the temporary rise and fall of prices, but care about how many coins you can hold when the future price reaches what you want.
👉🏽 Second is consensus:
How do consensus holders solidify?
1. They solidify through countless ups and downs, as all speculators are eliminated through fluctuations, leaving only the consensus holders!
2. Bitcoin was worthless in its first year, but after 10 years of countless ups and downs, it kicked out speculators and non-believers, ultimately solidifying a huge consensus, making it valuable!
3. Ethereum was initially worthless, but after 5 years of countless ups and downs, it kicked out speculators and solidified consensus, making it valuable!
👉🏽 Third is persistence:
1. It’s better to succeed in one project over 3 years than to switch 30 projects in one year.
2. It’s better to be a little slower but more stable.
3. Accumulation is more important than starting over quickly!
4. Small achievers switch projects to earn pocket money, while big achievers accumulate millions, billions, or even trillions of wealth from one good project!
Finally, and most importantly, be sure to follow me, as I have experienced two cycles of bull and bear markets, and I can help everyone find tenfold coins and also guide them on when to exit.