If this is your first run or even if it's your second. These five tips will help you make life-changing money 👀
Drop this a like and a retweet if you find it useful 👇
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Drop this a like and a retweet if you find it useful 👇
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2️⃣ Protect Your Capital
Investing is simple. The more you have, the more you make. Especially in crypto where every $1 you have atm could be worth $100 in 2025.
Which is why you need to protect your capital. It's the most important rule!
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Investing is simple. The more you have, the more you make. Especially in crypto where every $1 you have atm could be worth $100 in 2025.
Which is why you need to protect your capital. It's the most important rule!
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If you do not protect your capital and lose 70% sh*tcoining.. congrats, you now need a 3x to get back to break even.
You don't want to fall into the trap of working weeks just to make back what you lost! That time could be spent multiplying your capital instead!
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You don't want to fall into the trap of working weeks just to make back what you lost! That time could be spent multiplying your capital instead!
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But profit-taking should start small and increase towards the end of the bull run.
Sound complicated?
Don't worry, I'll break down exactly how I plan to do this in my upcoming mega-thread on how to take profit.
Should be dropping by Thursday 😘
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Sound complicated?
Don't worry, I'll break down exactly how I plan to do this in my upcoming mega-thread on how to take profit.
Should be dropping by Thursday 😘
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4️⃣ Plan it Out
You need a plan, luckily, crypto cycles are simple. Based on the last three bull runs this is what I expect:
• BTC breaks ATH in Nov 2024
• Bull run peaks Sep 2025
With these two rough dates, a plan is easy. More details on my plan:
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You need a plan, luckily, crypto cycles are simple. Based on the last three bull runs this is what I expect:
• BTC breaks ATH in Nov 2024
• Bull run peaks Sep 2025
With these two rough dates, a plan is easy. More details on my plan:
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5️⃣ Spread Your Risk
I often see newbies pick a project and invest most of their capital into it. This works for Buffet in stocks, but crypto is not stocks.
There's no such thing as a safe crypto. Many multi-billion cryptos have gone to zero. Look at LUNA in 2022.
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I often see newbies pick a project and invest most of their capital into it. This works for Buffet in stocks, but crypto is not stocks.
There's no such thing as a safe crypto. Many multi-billion cryptos have gone to zero. Look at LUNA in 2022.
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In crypto, you need to spread your risk between different alts in different sectors. Do not focus capital on one alt or even one sector.
This isn't just about alts though. Use multiple hot and cold wallets and exchanges. Don't let being lazy cost you everything!!
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This isn't just about alts though. Use multiple hot and cold wallets and exchanges. Don't let being lazy cost you everything!!
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6️⃣ Take Responsibility
Bonus. I often see people blindly ape into an alt and if it doesn't work out they blame everyone but themselves.
You decide how much you risk, you decide to enter. Instead of blaming others, learn from your mistakes and do better next time.
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Bonus. I often see people blindly ape into an alt and if it doesn't work out they blame everyone but themselves.
You decide how much you risk, you decide to enter. Instead of blaming others, learn from your mistakes and do better next time.
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I hope you've found this thread useful. If you did, click on the first tweet below and give it a like and a RT 👇
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