1. Knowledge is power is money

Volatility induced by big announcements is due to big moves occurring which are often due to "whales" who usually have insider information. An example is BCH pumping days before Coinbase listing.

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2. Everyday is a new day

There is just so much stuff to learn about this space everyday it's crucial to keep an open mind and be the best that you can. A little progress each day could mean the world in the future.

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3. Do Your Own Research

One of the most important skills to have in this space because what you're playing with is your money. Everyone is driven by self-interest and will do what they can to pump their bags. This skill gives you confidence in what you do which translate to conviction.

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4. Have plenty of ammo

Liquidity is king. You never know what you'll be dealt with - perhaps a new opportunity that is early or a sudden flash crash for you to DCA the coins that you've been eyeing.

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5. Only invest what you are willing to lose

I've seen many people lost their houses and everything and even went bankrupt trying to gamble their way to success. Hype goes through a cycle - you never know when you're buying the top.

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6. Trust only in yourself

There are larpers everywhere - guys pretending to be girls and so on... you know what I mean. Not only that, scammers are plentiful because there is no crypto police, unfortunately.

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7. If something is too good to be true, it usually is

Although many people have made so much money in this space, it's unlikely that money will be dropped from the sky.

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