10 Things to AVOID at All Costs If You’re Serious About ‘Making It’ This Cycle
Reminder
1. Don't FOMO
Most people get rekt in the bull because they FOMO into hot tokens on green days.
This leaves you more exposed during corrections due to an inflated cost-basis.
2. Don't rush decisions
Make money slowly. Protect money quickly.
3. Don't over-rotate
Hopping from coin-to-coin is likely going to get you burnt.
Make sure you have conviction in all of your trades, so you're not constantly chasing gains on new, shiny objects.
4. Don't over-diversify
Concentration build wealth.
Diversification protects it.
I'm not saying to go all-in on 1-2 projects, but make sure you're not spread too thin either.
5. Don't get greedy
Crypto gains are paper gains until they're realised.
Make sure if you make money, you use it to actually get rich.
Go more risk-off as the cycle progresses, not the other way around.
6. Don't get complacent
If you hit a big winner, lock in some gains.
You could roundtrip sooner than you think.
I like to use an incremental (% based) profit taking system as price climbs, to ensure I'm consistently laddering out as opposed to trying to time the market.
7. Don't use leverage
Leverage is a tool to reduce risk (via increasing capital efficiency), not to increase it.
Unless you're using it with a clear purpose - avoid it all together.
8. Don't panic during flushes
Shakeouts are common during bull markets.
In fact, you should be using these as an opportunity to scale in.
The best Risk/Reward opportunities in the market are during bull run leverage flushes.
9. Don't lock tokens
I think many of us learnt this lesson the hard way last cycle.
Liquidity is key
10. Don't ignore OPSEC
- Don't keep all your funds in CEX utilize @Binance Wallet - Store your seed phrase wisely
These are just a few tips, but just be aware of your actions and always maintain a sense of paranoia to keep you grounded.
I hope you've found this post helpful.
Follow me @BitEagle News for more crypto insights & alpha.
CEO of Shiba Inu Declares: 'Three Zeros Will Disappear' – A New Era of SHIB Has Arrived
The cryptocurrency world is buzzing with excitement as Shiba Inu (SHIB) prepares for a spectacular value surge. The CEO of Shiba Inu has made a bold statement that has shocked the entire market – SHIB will eliminate three zeros from its current price! With this bold prediction, the Shiba Inu community is rallying behind their beloved cryptocurrency, sparking new hope for wealth and innovation. Here’s an insight into what this means for SHIB and its future trajectory.
📊 PIXEL/USDT Technical Analysis — Potential for Bullish Momentum? 🚀
PIXEL is currently trading at $0.2081, showing signs of stability with key levels in focus. Here's the technical breakdown:
Support Zone: $0.2000–$0.2050 — a solid area where buyers have been defending, creating a strong foundation for potential upward movement.
Resistance Levels: $0.2150 is the immediate hurdle. A breakout above this could drive PIXEL towards $0.2250–$0.2400 in the short term.
🎯 Entry Strategy:
Aggressive Traders: Consider entries near $0.2080 with stops below $0.2000 to minimize risk.
Breakout Traders: Wait for a confirmed close above $0.2150 with increasing volume, targeting higher resistance zones.
PIXEL’s price action suggests accumulation near support, with potential for a breakout above resistance. If the bulls push above $0.2150, a fresh bullish wave could begin, driving the price higher.
Will PIXEL break through and surge to new highs? Keep an eye on the market — the next move could be exciting! 🚀
10 Things to AVOID at All Costs If You’re Serious About ‘Making It’ This Cycle
Reminder
1. Don't FOMO
Most people get rekt in the bull because they FOMO into hot tokens on green days.
This leaves you more exposed during corrections due to an inflated cost-basis.
2. Don't rush decisions
Make money slowly. Protect money quickly.
3. Don't over-rotate
Hopping from coin-to-coin is likely going to get you burnt.
Make sure you have conviction in all of your trades, so you're not constantly chasing gains on new, shiny objects.
4. Don't over-diversify
Concentration build wealth.
Diversification protects it.
I'm not saying to go all-in on 1-2 projects, but make sure you're not spread too thin either.
5. Don't get greedy
Crypto gains are paper gains until they're realised.
Make sure if you make money, you use it to actually get rich.
Go more risk-off as the cycle progresses, not the other way around.
6. Don't get complacent
If you hit a big winner, lock in some gains.
You could roundtrip sooner than you think.
I like to use an incremental (% based) profit taking system as price climbs, to ensure I'm consistently laddering out as opposed to trying to time the market.
7. Don't use leverage
Leverage is a tool to reduce risk (via increasing capital efficiency), not to increase it.
Unless you're using it with a clear purpose - avoid it all together.
8. Don't panic during flushes
Shakeouts are common during bull markets.
In fact, you should be using these as an opportunity to scale in.
The best Risk/Reward opportunities in the market are during bull run leverage flushes.
9. Don't lock tokens
I think many of us learnt this lesson the hard way last cycle.
Liquidity is key
10. Don't ignore OPSEC
- Don't keep all your funds in CEX utilize @Binance Wallet - Store your seed phrase wisely
These are just a few tips, but just be aware of your actions and always maintain a sense of paranoia to keep you grounded.
I hope you've found this post helpful.
Follow me @BitEagle News for more crypto insights & alpha.
Here is a reasonable roadmap for beginners💰. 1. Understand cryptocurrency: * What is cryptocurrency: Learn about the concept, the blockchain technology behind it, and how it differs from traditional currency. * Types of cryptocurrency: Bitcoin, Ethereum, altcoins, stablecoins,... each type has different characteristics and purposes. * Advantages and disadvantages: Understand the benefits and risks of investing in cryptocurrency.
🚀 What If You Had Invested $1,000 in PEPE Coin at Launch?🔥
$PEPE 💭 Imagine this: if you had invested $1,000 in PEPE when it launched in 2021, your investment could have skyrocketed by a jaw-dropping 15,372,489.83%! 😱 Yes, your $1,000 could have turned into an unbelievable $153.7 million! 💰 This incredible growth showcases the speculative power of meme coins, driven by viral momentum and a strong community push. However, ⚠️ such astronomical returns also come with extreme volatility and risk. 🔑 Key Lessons for Investors: 1️⃣ Speculation vs. Reality: Meme coins like PEPE can deliver insane returns 📈, but they are highly unpredictable, with massive gains 💥 often followed by sharp losses. 2️⃣ Diversify to Protect Your Portfolio: Avoid putting all your eggs in one basket 🧺. Balance your portfolio to minimize exposure to high-risk assets. 3️⃣ Invest Smartly: Always align your investments with your risk tolerance and financial goals. Never invest more than you can afford to lose. 💡 Pro Tip: Before diving into highly volatile assets like PEPE, always DYOR (Do Your Own Research) 🧠. Knowledge is your best tool to navigate the crypto market successfully! 🌟 Ready to explore more opportunities? Start investing smartly today on Binance and discover the world of crypto! 🌍💼 #PEPE 🐸 #CryptoHype 🚀 #SmartInvesting 📊 #Binance 💎