What Iโve Learned in 5 Years of Crypto๐ก๐ก
After five years in the crypto world, Iโve picked up some key lessons that could help you on your journey:
With a fixed supply of 21 million, only 8% of people will ever own Bitcoin. Scarcity is the foundation of its value ๐ฅ.
2. Capital Management is Key ๐ผ
Success isn't about chart patterns ๐; itโs about managing capital, risk, and discipline. These skills make all the difference ๐.
3. Passive Income ๐๐ฐ
Crypto offers ways to earn without active trading โ like staking ๐ or yield farming ๐พ.
4. Long-Term Gains Come with Patience โณ
Bitcoin has averaged over 100% annual returns for the past 15 years ๐. If you're looking for quick profits, you're likely to be disappointed ๐. The best strategy is simple:
- 70% in $BTC ๐
- 30% in $ETH ๐ต
5. Educate Yourself, Trust Yourself ๐
It doesn't matter what others say ๐ฃ๏ธ. What's important is continuously learning and making your own informed decisions ๐จโ๐ซ.
6. Investing Should Serve Your Life ๐ฑ
If crypto is improving your life ๐งโโ๏ธ, keep going. If itโs pulling you away from your goals ๐ฏ, reconsider your approach ๐.
7. Crypto is No Longer Just Technology โ๏ธ
Itโs now part of the global finance ecosystem ๐. To succeed, you need to understand broader economic trends ๐๐.
๐ Crypto is not a shortcut to wealth ๐ฐ. Itโs a long journey that requires patience ๐งโโ๏ธ and careful decision-making โ๏ธ.