For the people who lost money in the first cycle.
A Thread.
A Thread.
1. If you're following people on twitter WITHOUT an EXIT plan, you're gonna be losing 90% of your portfolio. That's simple math.
Know Your Exits or become the exit liquidity for the Whales.
Know Your Exits or become the exit liquidity for the Whales.
2. 99.99% of people on CT don't realise that you can't become a good trader unless you can think on your own.
Asking for targets and hand holding on trades will never make you a trader.
Again, you'll be the exit liquidity.
Asking for targets and hand holding on trades will never make you a trader.
Again, you'll be the exit liquidity.
3. Stay away from Projects whose founders try hard to appear high moral and nice.
'We want to create an impact on the world. We are so humble.' etc are jargons used by Scammers more often than my real builders.
'We want to create an impact on the world. We are so humble.' etc are jargons used by Scammers more often than my real builders.
4. Understanding the basics to the core is better then understanding advanced metrics with a shallow depth.
The best traders master the simplest tools with most amount of depth.
Remember this when making a trading strategy.
The best traders master the simplest tools with most amount of depth.
Remember this when making a trading strategy.
5. It is all a Ponzi but also a chance for you to get rich if you exit before the fall.
It will keep repeating.
Next cycle will come because humans are greedy.
Just know when to stop the greed.
It will keep repeating.
Next cycle will come because humans are greedy.
Just know when to stop the greed.
6. If you for rich in the first cycle and lost it all, you already know how to get rich again.
The only new thing you need to learn is, how not to lose again.
You can make money with lucky but you can't keep it with luck.
The only new thing you need to learn is, how not to lose again.
You can make money with lucky but you can't keep it with luck.
Summary.
1. Know Your exit always.
2. Inability to think independently = Not a trader.
3. People 'acting' Nice need to be cut off.
4. Understand the basics, deeper.
5. It's a Ponzi, but a good one of you follow point 1.
6. Cut losses. All the time.
1. Know Your exit always.
2. Inability to think independently = Not a trader.
3. People 'acting' Nice need to be cut off.
4. Understand the basics, deeper.
5. It's a Ponzi, but a good one of you follow point 1.
6. Cut losses. All the time.
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