You've probably already made ~$10-20k on this bull run
But in the end, you might only have $1,000 instead of $1 million.
Why? Because you might not know how to hold onto your money.
Here are 5 common mistakes that can help you save a lot of money.
1/➫ Don't run for pumps.
❍ Right now, there are lots of chances to make money in the market. It can feel like there's too much happening, with new tokens and ideas coming out all the time.
❍ But it's smart to be cautious because changing your investments quickly during a good market time is very risky.
❍ It's usually best to focus on one good trend and not try to invest in too many things that might not work out.
2/➫ Don't do anything without a strategy
❍ If you really think that you can just invest money in some coin, it will skyrocket, and you'll make a lot of money - you're naive.
❍ You need a strategy and a plan; it's foolish to just rely on luck, better to spend a few hours for research
3/➫ Don't trade without thinking first.
❍ This rule is a bit like the last one but more detailed.
❍ Before you invest in a token, do some research. Check out things like how the token works, what the project is about, and maybe some simple technical analysis. Doing this will help you make money.
4/➫ Don't be too greedy.
❍ Many people make a mistake by wanting even more after making a big profit, like waiting for a 100 times profit, and then they lose everything.
❍ Instead, it's better to secure your profits little by little. That way, most of your deals will either break even or make money.
5/➫ Don't spend your time doing nothing.
❍ You need to realize how many chances there are at the moment, and the more work you do now, the better things will be later.
❍ Put in your best effort, and it will definitely lead to big rewards.
❍ These chances won't stick around forever, so take action while you still can.
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