1.Rolling profits into riskier bets is not real profit — that’s just gambling. Lock your profits in BTC, ETH, stablecoins, and fiat.

2. Projects with believers can be hugely profitable. Just get off the rocket before it inevitably crashes.

3. It is not worth locking up tokens for extra yield. There is nothing worse than being tied to a sinking ship.

4. Protect your attention at all costs. You have limited time and energy, don’t waste it on the latest crypto drama.

5. Be careful about over-optimizing for returns — there is no such thing as a free lunch. You stake tokens, earn returns, and then they automatically compound. Every additional return comes with more risk.

6. Be skeptical of every piece of advice you see on crypto Twitter — everyone has an agenda. Are they promoting a project to boost their own stakes? Are they spreading misinformation to manipulate the Twitter algorithm?

7. When a new narrative emerges, favor market leaders. They have first-mover advantage and mind share. The best beta strategy is to fork on a hot new chain.

8. Obsessing over the latest tools is a form of procrastination. You don’t need to use 50+ tools to be successful. The biggest players only use Etherscan, Debank, DeFiLlama, etc.

9. “I am not afraid of someone who has practiced 10,000 different kicks, but I am afraid of someone who has practiced one kick 10,000 times.” — Bruce Lee

10. Information has a food chain. Builders > VC/Insider > Whales > Bots > Manual traders who receive news early (<1 minute) > Manual traders who receive news late (>1 minute). By the time everyone hypes it up on Twitter, it’s too late.

11. Alpha comes down to two things: having insider access or being willing to do the hard work that others are too lazy to do. People underestimate how far they can get just by following a protocol’s medium posts and their discord.

12. Everything is repeated, just slightly repackaged. Improving your ability in the DeFi space is all about pattern recognition. For example, if certain influencers start discussing a project, they are attracting exit liquidity.

13. Position yourself early and let the gains come to you. Any time you feel FOMO, it’s a sign that you may be late.

14. Viewing your profits and losses as a percentage of your portfolio rather than dollars will help you stay rational. It is difficult to stay clear-headed if you equate your trades with real-life purchases.

15. Cut losses aggressively. Set stops and know when to exit a trade before investing. Don’t let a small loss turn into a big one because of the sunk cost fallacy or emotional bias.

16. Record everything. Write down what happens in crypto every day, your trades, mistakes, and lessons learned. This is how you improve your mental algorithms.

17. Don't overestimate fundamentals in a bull market. All logic goes out the window and people buy based on hype, emotion and speculation. Look at the industry for what it actually is, not what you think it should be.

18. Incentives can drive prices. People will buy when there is an expectation of future profits. This can be influenced through airdrop speculation, locking tokens for extra rewards, ecosystem incentives, etc.

19. Don't put anyone on a pedestal. All the "smartest guys in the room" like Alameda and 3AC have failed miserably. No one is immune to failure.

20. Protect your capital when there are rumors of bankruptcy. If you are right, you save a lot of money. If you are wrong, you are just disturbed for a few minutes.

21. The question is not whether you are right or wrong. No one can hit 100% success rate. The question is to maximize your upside when you are right and limit your losses when you are wrong.

22. Narrowing your focus is an underrated advantage. No one can keep up with the entire field. Pick a few sectors and follow up on them.

23. Paying attention to macroeconomics is overrated. Just monitor capital flows into the market to see when we return. Your time is better spent elsewhere.

24. “Economists have an abysmal record in predicting events. It’s beyond simplistic; it’s like medieval medicine.” — Nassim Nicholas Taleb

25. Don’t touch cryptocurrencies if you are emotionally unstable, drunk, or sleep-deprived. One mistake can erase years of hard work.

26. Stablecoins are not as stable as you think. UST collapsed, and USDC also had a decoupling panic. It is completely feasible to keep your spare funds in fiat currency at traditional financial banks.

27. If you want to grow your portfolio, concentrate your investments - if you want to maintain it, diversify.

28. Develop systems - These rules and frameworks will stop emotions from ruining your game. This can include how you take profits and when you invest.

29. Growing your portfolio 100x through trading is unrealistic. It's not 2016. 99% of people are better off looking for ways to increase their cash flow and invest more towards their goals.

30. People prefer new projects and narratives — not your old baggage from 2021. Don’t fight human nature.

31. Don’t limit yourself to cryptocurrency content. You will gain far more from studying game theory, behavioral economics, and psychology than from reading all kinds of insider information on cryptocurrency.

32. The best projects have both fundamentals and incentives. Incentives attract people's attention, while fundamentals give people reasons to continue holding.

33. Unknown unknowns are deadly. The founder may gamble with the treasury, or the anonymous founder may have a shady past. You can’t predict them. Here, profit taking, bet sizing, and asset management are your most critical lines of defense.