DeQ

🎓💡 **8 Years of Crypto Wisdom: Lessons Learned** 💡🎓

🔹 **Avoid FOMO:**
- Never succumb to Fear Of Missing Out; patience is key in the crypto world.

🔹 **Beware of New Listings:**
- Steer clear of buying newly listed coins; I learned the hard way with DODO.

🔹 **Whales Rule the Market:**
- Technical analysis is valuable, but ultimately, whales dictate the market while we're mere shrimps.

🔹 **Emotional Control:**
- Keep emotions in check; rational decisions trump impulsive ones.

🔹 **Asset Liquidity:**
- Don't lock up assets; maintain flexibility to capitalize on opportunities.

🔹 **Diversification Strategy:**
- Distribute your portfolio wisely; allocate 70% to top 20 coins and 30% to other alts and meme coins.

🔹 **Follow Trusted Influencers:**
- Choose one influencer you trust and relate to; avoid getting overwhelmed by conflicting signals.

🔹 **USDT Reserves:**
- Always keep USDT reserves handy for market dips; never exhaust all funds in one go.

🔹 **Community and Team Dynamics:**
- Invest in coins with strong community distribution and teams holding less than 10% of the total supply.

🔹 **Risk Management:**
- Lastly, never invest your life savings; crypto is volatile and unpredictable, backed by nothing but speculation.

💰💻 #CryptoInsights #HotTrends #BTC #DOGE🔥🔥 💡📈

INVEST ONLY WHAT YOU'RE WILLING TO LOSE: BULLSHIT

I hear and read this phrase everywhere: "Only invest what you're willing to lose!" It's a huge mistake, don't listen to this advice. Don't assume that you can lose the money you're about to invest because by doing so, you'll act recklessly. I recently made a post stating that the primary objective in investing is not to win, but not to lose.

If you invest the money you're willing to lose, you'll only focus on making money, completely ignoring the risk of loss. That's why you'll take absolutely disproportionate risks by trading Futures, investing in newly listed cryptocurrencies, letting your huge losses run, and never taking your profits.

Consider the money you invest as if it were the money you use to pay your rent: would you take disproportionate risks, risking total capital loss for that? No, unless you're crazy. Some will say, "But I don't use that money to pay my rent, that's precisely why I'm investing!" Yes, of course, but the risks of capital loss are enormous when you take disproportionate risks in the markets, especially when you're just starting out.

So act accordingly, and your crypto journey will go well. And forget this completely bullshit phrase: "only invest what you're willing to lose."

I hope some will understand and implement these advice.

This post represents my personal views.

Thank you for reading.

If you liked it, don't hesitate to like, comment, share this post, and especially subscribe, it helps me a lot. You can also tip me to support me financially, it's my only way of being rewarded for teaching you as much as possible about the crypto market. Thank you very much to those who do.

Livio P-V.

#Write2Earn‬