It took me 1 year in the cryptocurrency market to realize these lessons, but you only need 2 minutes to understand them: 🤏
1. The Truth About Bitcoin: No matter how the market fluctuates, one fact remains: 8% of people will control the 21 million Bitcoin supply. Let that sink in.
2. Skills over charts: Mastering financial, capital and risk management is 100x more important than any technical analysis or in-depth crypto research. Why? Because without risk management, no strategy will save you.
3. Earn while you sleep: Want to make money without constantly trading? Cryptocurrencies offer many options for passive income: staking, yield farming, lending, and more. The key is knowing where to look.
Bitcoin Performance: Over the past 15 years, Bitcoin has averaged over 100% annual gains, but few people are profiting. Why? The allure of getting rich quick clouds judgment. If you can’t commit at least 4 hours a day to crypto, stick to a 70/30 BTC-ETH split. Let Bitcoin and Ethereum work for you.
Don’t trust anyone: Blind trust leads to hope, disappointment, and bad decisions. Learn independently and take full responsibility for your actions. This is how you truly gain “minting” experience in the crypto space.
The real purpose of investing: It’s not just about making money. It’s about making your life more meaningful. If cryptocurrency investments can do that, great. If not, step back and reconsider.
The evolution of cryptocurrencies: What started as a technological revolution is now fully integrated into the macroeconomic world. It’s no longer just about digital assets — cryptocurrencies are influenced by global financial markets.
Don’t wait for approval: People may tell you not to buy Bitcoin, but once it’s universally accepted, the golden opportunity will be gone. Act while you still can.
Invest wisely. Make choices that resonate with your purpose. Let crypto be the path to a more meaningful and prosperous future.
$BNB 2024📈