When I started Crypto, I was naive.. Just like every Beginner would be. It was during the bull 🐂 run.
Everything was rozy! And guess what! Money was flowing everywhere!😁 If I put $10 in any coin, it would turn $100+!
In fact, I put $50 in some Solana projects… It turned out to be almost $2000. But… Nobody told me what was going on!
I didn't know there was something called… The BULL ⬆️ and the BEAR ⬇️ season.
We were just making money & enjoying life! All of a sudden, the bear market came. We thought it was going to be for a while but, NO! Everything was going down! The more we thought it would come up, the more it dipped!
And the bottom became the top! Because.. The dip was getting deeper & deeper fren!
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Here's the lesson I would tell my new self: ✔️ Make money in Crypto and pull it out. ✔️ Invest the profits in PHYSICAL assets ✔️ Buy lands, buy houses & open more real businesses ✔️ Spend that money and enjoy your life. ✔️ ️Do more of Charity and help others.
It is not yet your profits until you have taken it out and turn it into physical assets or use it for a good cause. - Mike Akerele
What I won't do as a Crypto Beginner: ❎ I won't listen to Influencers that Shill projects! ❎ I won't invest more than I can afford to lose ❎ I won't trade without using STOP LOSS! ❎ I will stick to SPOT trading as a beginner ❎ I won't do FUTURES Contracts till I master Spot Trading.
BONUS: ✔️ I will seek the mentorship of a Crypto expert who has been in the industry for a while and can guide me into it.
❎ I won't go ahead to begin taking trades with my real money when I can do paper trading and trade with testing money which is not my real money.
Paper trading means you trading without your real money but with the same market simulation and features.
Which of these lessons would you not forget when you're starting your Crypto journey?
Or which other lessons can you add? Leave it for me in the comment for others to also learn from you.
Mentorship is the only easy path that can help save you from losing money as you learn from the guide & experiences of a Crypto mentor as a beginner - Get it. - Mike Akerele
PS: We're still in the bear season, and this gives you an opportunity to discover how Crypto is done and accumulate more Cryptos now so you can turn into Multi- Millionaires during the Bull season coming up ahead.
PPS: Like & Share this post so it can help others. 𝑭𝒊𝒓𝒔𝒕 𝒕𝒊𝒎𝒆 𝒔𝒆𝒆𝒊𝒏𝒈 𝒎𝒚 𝒄𝒐𝒏𝒕𝒆𝒏𝒕? 𝑻𝒉𝒆𝒏 𝑭𝑶𝑳𝑳𝑶𝑾 𝒎𝒆
