šš” **8 Years of Crypto Wisdom: Lessons Learned** š”š
š¹ **Avoid FOMO:**
- Never succumb to Fear Of Missing Out; patience is key in the crypto world.
š¹ **Beware of New Listings:**
- Steer clear of buying newly listed coins; I learned the hard way with DODO.
š¹ **Whales Rule the Market:**
- Technical analysis is valuable, but ultimately, whales dictate the market while we're mere shrimps.
š¹ **Emotional Control:**
- Keep emotions in check; rational decisions trump impulsive ones.
š¹ **Asset Liquidity:**
- Don't lock up assets; maintain flexibility to capitalize on opportunities.
š¹ **Diversification Strategy:**
- Distribute your portfolio wisely; allocate 70% to top 20 coins and 30% to other alts and meme coins.
š¹ **Follow Trusted Influencers:**
- Choose one influencer you trust and relate to; avoid getting overwhelmed by conflicting signals.
š¹ **USDT Reserves:**
- Always keep USDT reserves handy for market dips; never exhaust all funds in one go.
š¹ **Community and Team Dynamics:**
- Invest in coins with strong community distribution and teams holding less than 10% of the total supply.
š¹ **Risk Management:**
- Lastly, never invest your life savings; crypto is volatile and unpredictable, backed by nothing but speculation.
š°š» #CryptoInsights #HotTrends #BTC #DOGEš„š„ š”š