Cryptocurrencies won't make you rich (unless you do this)
Look, I've seen too many stories of 'I jumped in and lost it all.' Here's the no-nonsense guide to not ruining yourself:
1. Have a good plan
'I'll just improvise' = the fastest way to lose money
Know before you trade:
Where you're buying
Where you're taking profits
Where you're cutting losses
Pro tip: Write it down. Your future self will thank you.
2. Be a robot
Good strategy + no discipline = still losing
If your plan says 'sell at X,'**SELLATX,**SELLATX**
No 'maybe it'll go up more' (it won't)
3. Stop chasing pumps
That coin that's +200% today? You're already late.
Wait for your setup. Losing trades don't lose money.
4. Your brain is your worst enemy
Big gain? Don't start thinking you're Warren Buffett.
Big loss? Don't trade out of revenge.
Solution: Set rules before you get emotional.
5. Never go all-in
Keep some dry powder. Markets crash when you least expect it.
DCA > FOMO. Slow and steady doesn't go broke.
6. HODL ≠ Hope
If the fundamentals change, get out. Blindly holding is gambling.
True wealth comes from conviction, not memes.
7. Take profits (seriously)
No one ever went broke taking profits.
Sell something at the peaks. Let it run if you want.
8. Less trading = More money
Overtrading feeds brokers, not you.
1 good trade > 10 rushed ones.
9. Ignore the hype
Buying out of FOMO = bagholder status.
Selling out of fear = missing the rebound.
Conclusion:
Cryptocurrencies reward patience and discipline, not luck. The market doesn't care about your feelings.
Want to win? Trade the plan, not your emotions.
