3 principles you must know to ultimately profit in the crypto market
Only 10% of people in the crypto market make money with cryptocurrencies
The rest lose money because of whales and venture capital
Here are 3 principles that whales/insiders don’t want you to know:
1. Many projects are meaningless
• There are thousands of projects in the crypto space, but not all of them are truly useful
• Many have beautiful covers with incredible plans/roadmaps that will never be realized
2. Venture capitalists make money by investing in private rounds
• Always remember that venture capitalists make money by investing in token seed rounds and private rounds early
• You may think you are getting in at a low price, but VCs are getting in at 20 times less
3. Whales act in the opposite way to the market
• Everyone has heard of "buy fear, sell greed", but few can do it
This is what whales do, they build their positions when everyone is selling in panic and fear, so when greed sets in, they profit
Before buying a project token, you should ask yourself the following questions:
• Is this team real? Who are these people? What experience do they have?
• Who backed this project?
• Is their valuation reasonable and what problem does the project solve?
• Unlocking Events
• Token Distribution
• Vesting Schedule
Always monitor unlocking dates before investing