In the first bull run, I turned $700 into $155K, faced setbacks, but rebounded with a portfolio exceeding $1.5M. Here are my 12 rules for crypto success:
Define your priorities: Navigate crypto's volatility by knowing what matters most to you.
Avoid emotional attachment: Stay rational; don't get too invested in a coin, as blind faith often leads to losses.
Hold winners, not losers: Resist selling winning tokens to pump underperformers; let winners thrive.
Specialize in a niche: Focus on one sector for in-depth knowledge and better investment decisions.
Buy in times of fear: Seize opportunities when others panic; remember Luna and FTX crashes.
Embrace new ideas: Explore unconventional projects early on for potential massive profits.
Have a clear investment thesis: Avoid FOMO-driven buys; know why you invest and when to sell.
Reduce balance-checking: Set up notifications, resist constant balance checks, and avoid unnecessary actions.
Favor new altcoins: In a bull run, focus on fresh coins with exponential growth potential.
Take control of your destiny: Act to change your situation instead of complaining about external factors.
Take profits strategically: Avoid previous mistakes by selling 50% when the price doubles to secure profits.
Optimize information sources: Quality over quantity; focus on valuable information and cut out the noise.
