Lady of Crypto
Lady of Crypto

@LadyofCrypto1

15 Tweets 23 reads May 29, 2023
These 5 tips gave me complete financial freedom with #crypto before 30 (no cringe sh*t)
If you find this useful, give it a like and a retweet 😘 👇
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◆◆ 1. Don't Invest In Cryptos You Love ◆◆
Don't invest in a #crypto you love, the market doesn't give a fu*k about what you love. Invest in what you believe the masses will love or what VCs will trick the masses into thinking they love.
2/15
I'm not a big gamer but I went heavy on gaming cryptos in 2021 and it paid off big. Had I invested in what I loved at the time, I would have made a fraction. What you love is insignificant.
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◆◆ 2. Diversify Everything ◆◆
A lot of people pick 2-3 projects, use 1-2 exchanges and stake in 1 place. No project is too big to fail, look at $LUNA and FTX. Be it projects you invest in, protocols you stake in or exchanges you use, diversify!
4/15
I have 10-20 #crypto projects in my main portfolio. I don't keep a lot in exchanges but what I do keep is spread over three exchanges. If I was on FTX I would have lost 33% of what I hold on CEXs. And I stake on several different protocols.
5/15
No single collapse, rug or hack can make a huge dent in my portfolio. Sure it takes extra time to manage all of this but it takes far longer to make back 50% of my net worth when it's rugged by a billionaire psychopath cult leader.
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◆◆ 3. Don't Be 100% Crypto ◆◆
When you make a profit in #crypto, pull some of it out and invest outside of crypto. Be it property, businesses, equities, bonds, commodities, or anywhere else. How much is up to you, for me its > 30%
7/15
Yes, the returns are nowhere near as good as crypto but what you lose in potential returns you often gain back in security and stability. Crypto is a casino. It's great fun, you can make stupid money but you can lose it all just as fast.
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◆◆ 4. Accept Responsibility ◆◆
Every month I take time to look at my biggest mistakes, assess what went wrong and resolve to not let it happen again. I do this on a personal level and I do this with my team.
9/15
I am constantly getting better, smarter and more efficient. Not because I'm special but because I TAKE OWNERSHIP when I screw up and I learn from it. So many people here blame everyone but themselves. Take ownership of your decisions!
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◆◆ 5. Make Friends ◆◆
It's no secret that most people in the crypto world don't have real-life friends who share their passion, so, if you reach out they're often happy to respond. If someone you follow shares alpha, DM them and tell them you appreciate their content!
11/15
I made so many friends in 2021 and together we've made a lot of profit! I am not talking about big influencers though, my inbox is rammed I can't respond to everyone but an influencer with 5k followers who delivers alpha will appreciate your thanks and probably respond!
12/15
◆◆ 6. Learn To Research ◆◆
I said 5 but here's a bonus. Most people are lazy and would rather be told what to buy than find it themselves. Then they cry that they are exit liquidity because they got in late and those who did the research are already taking profit.
13/15
Don't be one of those people. Learn to research. Hers is my research cheat sheet. I use this as a basic starter for any project I look at. Screenshots below but if you want a link join my discord and look in the "links" section bit.ly
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I hope you've found this thread helpful.
Follow me @LadyofCrypto1 for more.
Like/Retweet the first tweet below if you can:
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