THESE THINGS TOOK me 2 YEARS to LEARN IN CRYPTO!

I have been in crypto from 2021 and experienced both the bull run and also the bear run afterwards. During the bull run, I managed to make gains of over 1000%, but unfortunately, I also nearly lost a significant portion of those gains.

However, I've learned valuable lessons from these experiences. As they say, experience comes with time, and now I want to share mine with you:

1/ Invest in Good projects

The first and foremost rule is to invest in good projects during the bear run to maximize gains during the bull run. Projects with good utility/use-case tends to outperform other projects.

2/ Remember the cycle

The typical cycle begins with Bitcoin pumping initially, followed by ETH and large-cap coins. Then, the focus shifts to mid-cap coins and finally to small coins. This allows you to shift profits from Bitcoin to ETH and so on.

3/ Take profits

No matter how good is the project, it is important to set a goal and start taking profits at each upward movement. Even if you believe that the coin can continue to rise, it is still advisable to take some amount of profit at each step. This ensures that if the bull run ends or if the coin experiences a significant drop, you have already secured your profits.

4/ Emotional attachment

Avoid becoming emotionally attached to a coin or chain. Remember, everyone involved is here to make money, including the project owner and team members. They are also working to enjoy their lives. Therefore, it is important to set aside emotions and focus on increasing your portfolio.

5/ Learn trading

Believe it or not, having a solid understanding of trading basics and being able to analyze charts can lead to much higher profits than you might expect. It's all about dedicating time to learning and honing your skills. And always remember, patience is the key 🔑

Not a financial advice, please do your own research.

Don't worry though, I am starting a trading basics series. Make sure your are following me, and if you enjoyed this post, be sure to give it a like. 🫡❤️