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20 Things whales don't want you to know!(From my experience)... Learn these rules, You'll never lose!

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by COINS NEWS 45 Views

  1. Start small: You will lose in your first year so starting small is smart. You'll gain experience instead!
  2. Don't ask for a financial advice on internet: Nobody knows shit about fuck!
  3. DCA in and DCA out: Never go all in! Never sell all you have at the same price target!
  4. Don't trust anyone in this space: 99.99999% of the people who pm you or ask you private questions about your crypto are scammers.
  5. Before you start your crypto journey, Learn TA and rules to manage your money and risk: Not knowing the market psychology, not knowing how to tell the difference between scam coins and legit coins/tokens and not having financial/money management can cost you a high price!
  6. TA may fail you but money management will never fail you: Never go all in, even if Btc goes down to 100$, you should still have cash in your wallet!
  7. Do Your Own Research and don't listen to anyone's BULLSHIT. It's only you who can tell which project is good or bad. Even Btc is scam if you don't do your own research!
  8. Don't fall in love with an alt: This may be devastating if you consider an alt a family project!
  9. NEVER invest in more than 5 or 6 projects: The more cryptos you invest in, the more time and energy you will have to spend on keeping track of the teams, what the teams are doing and their news. Sometimes 1 project can give you more gains than 100 coins/tokens can ever give you. Don't sell at loss unless the team is fucking up that's why you need to follow the team and stalk them(#15).
  10. You can make money in the bull market but you can make a fortune in the bear market: The fact that you're still here shows how lucky you are! In a year or two, new investors, people will get in the market and they will buy at the top and they will wish they bought at lower prices.
  11. Do not leave your cryptos on an Exchange: No matter how good or popular those exchanges are, don't ever keep your assets stored on there. Exchanges are places to trade, not places where you store your cryptos.
  12. Do not keep your assets on a hot wallet: Ledger Nano S/X or Trezor are the best hardware wallets out there.
  13. Don't do Futures: Don't do that. I've been in this space for 4 years and never ever done that. When you do Futures, you're dealing with Exchanges and Market Makers. You're dumb to think you can outsmart them.
  14. Don't trade. HODL/invest instead(in bear markets targets can be10-20x for each buy and this takes 2-4years according to the market and in the bull market, you can tp after you make 10-30% in each trade and this takes 1w-1M or more according to the market). No matter how good you are, you will lose in the long run. Only pros can make money by trading. Please take this seriously.
  15. Whatever you buy, after doing Analyzing the project and reading their roadmap and whitepaper, follow the team, keep track of what they do. See if they add more supply on Cointrader. Just do not trust them blindly(If you don't have enough time to do all that, just buy Btc and sleep)
  16. Don't underestimate/Overestimate yourself. Slow and steady wins the race: No one gets rich overnight. Even making 50% of your life savings or the budget that you put in crypto in a year is an accomplishment. No one gets rich by making 1000x, shitcoins can't make you rich, pump groups can't help you.
  17. Diversify. Never invest in one coin/token. Keeping a couple tokens/coins is good. (unless you wanna buy BTC)
  18. Stay away from the social media, stop looking at the charts and stop looking at your wallet in the bear market. Instead, DCA in and go to the gym, go out and touch grass, play games and watch movies, this will stop you from making mistakes.
  19. Kill your emotions in the market. Look at the market as a tool/object or a way to make money and weigh pros and cons of your steps and actions and don't do anything stupid or impulsive so be emotionless and look at it as numbers and be reasonable with it: Don't follow the market! Let the market follow you! There will always be times when you will be like '' I wish I had cash to buy the dip '' so never go all in, always keep cash and wait for the market to come to you. Don't follow it. RIP FOMO and FUD
  20. Don't pay any creature money to learn TA. You can learn that for free. Don't pay any creature no money just to be told what to do with YOUR own wallet. Don't pay any creatures no money to be told that your coins/tokens are whether good or bad because believe me, those analysts know nothing and have no idea and as I said, no one knows shit about fuck.

This is it folks. You may say which one you loved the most. And remember: There are 3 types of people: 1. People who are negative about a project and call it scam and exaggerate it 2. People who are extremely positive about a project and shill for it and consider it a family project that will kill Eth and exaggerate it 3. People who just simply wanna make money SO which one of those do you want to be??! Stay Safe and HODL.

submitted by /u/Mr_AdultGamer
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