Cyril - DeFi
Cyril - DeFi

@cyrilXBT

8 Tweets 3 reads Apr 28, 2023
Your first 100x in crypto comes from understanding the underlying technology and its potential for disrupting the future.
Read as if your future depends on it because it does
Bookmark & RT so you don't lose it
πŸ§΅πŸ‘‡
Quick notes:
1. Must be willing to take risks that everyone else isn't willing to take. $SOL is a good example.
2. Remember sometimes you win and sometimes you just don't. it's part of the game.
Now that we have that out of the way. let's dive in...
1) Understand the structure of the space.
Crypto is a new asset class with different rules, incentives, and behaviors.
Understand the unique properties of crypto.
For example:
↳ Transparency
↳ Immutability
↳ Decentalization
A few strategies πŸ“š
2) Research deeply and analytically.
Crypto is complex and ever-changing.
Invest in the time to understand the:
↳ Technology
↳ Tokenomics
↳ Community
↳ Market trends
3) Get comfortable with risk and uncertainty.
Crypto is a high-risk, high-reward investment class.
Acknowledge and accept this fact.
Only invest what you're willing to lose and develop a strategy to manage risk.
4) Take action and take ownership. Only the decisive win.
Crypto is a competitive and fast-moving space.
You must take action to win.
Invest in assets with conviction and hold them through volatility.
Using on chain can help you a lot. Everything you need to know:
@CryptoGirlNova @MingoAirdrop @its_airdrop @notEezzy @ViktorDefi @defiinvestor @wauwda @NDIDI_GRAM @IamZeroIka @MercyDeGreat @Only1temmy @2xnmore @thelearningpill That’s it.
If you liked this thread:
1. Follow me @cyrilXBT
2. Like/RT the tweet below
Thanks for reading 🀝

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