2021 was my first bull run. If I knew then what I know now... I would have made 50x as much money π₯
Start doing these 10 things right now to 50x your returns this bull run π
Start doing these 10 things right now to 50x your returns this bull run π
πͺ 1. Buy Every Dip πͺ
Reprogram your mind to start buying dips because, in a bull run, red means buy!
But don't ape into dips, scale in. Even in a bull run, some dips last weeks, so split your buys. I'm doing a Masters Guide to Buying The Dip mega-thread this week π
Reprogram your mind to start buying dips because, in a bull run, red means buy!
But don't ape into dips, scale in. Even in a bull run, some dips last weeks, so split your buys. I'm doing a Masters Guide to Buying The Dip mega-thread this week π
πͺ 2. Take Profit Properly πͺ
Taking profit is essential, but taking too much profit too early will ensure you never get rich π
A crypto bull run generally lasts 18 months from the halving. Even if this one is accelerated, like many are saying, we are still very early.
Taking profit is essential, but taking too much profit too early will ensure you never get rich π
A crypto bull run generally lasts 18 months from the halving. Even if this one is accelerated, like many are saying, we are still very early.
The trick is to take profit conservatively in the first 12 months and ramp it up as the bull run starts to close.
If this bull run is indeed accelerated, it will become obvious a few months from now, and we may need to speed things up. But not for now π
If this bull run is indeed accelerated, it will become obvious a few months from now, and we may need to speed things up. But not for now π
πͺ 3. Reinvest Some Profit πͺ
Early in a bull run, reinvesting part of your profit can really maximise gains. Not every alt you hold will pump at the same time.
When one alt pumps hard, trim profit from it and add some of that profit to alts that haven't pumped yet!
Early in a bull run, reinvesting part of your profit can really maximise gains. Not every alt you hold will pump at the same time.
When one alt pumps hard, trim profit from it and add some of that profit to alts that haven't pumped yet!
I started taking partial profit on SOL over $120. Many people have recently said, "bUt iT's $200 nOw", smooth brains...
Much of the profit I took from SOL went into SEI and METIS, which did over 3x since!
Redistributing into alts that haven't pumped yet is optimal!
Much of the profit I took from SOL went into SEI and METIS, which did over 3x since!
Redistributing into alts that haven't pumped yet is optimal!
πͺ 4. Don't Be Late πͺ
When everyone on Twitter has been talking about something new for a week... it's probably already over.
Getting in now means you will probably become exit liquidity unless you're in and out fast.
IF IT'S TRENDING, IT'S TOO LATE!
When everyone on Twitter has been talking about something new for a week... it's probably already over.
Getting in now means you will probably become exit liquidity unless you're in and out fast.
IF IT'S TRENDING, IT'S TOO LATE!
SOL meme coins are a recent example. One took off and did well, a few copied and did ok...
Then the greedy knob wombats came in and started robbing everyone with BS presales.
Oh, and the one that did well originally was dumping, and all the latecomers are exit liquidity.
Then the greedy knob wombats came in and started robbing everyone with BS presales.
Oh, and the one that did well originally was dumping, and all the latecomers are exit liquidity.
πͺ 5. FOCUS! πͺ
That brings us to tip 5: focus! There are so many distractions in crypto that it's easy to lose focus.
Warren Buffet once said, "Donβt be an expert at a million things".
You need to decide what you will be an expert on and focus on those things!
That brings us to tip 5: focus! There are so many distractions in crypto that it's easy to lose focus.
Warren Buffet once said, "Donβt be an expert at a million things".
You need to decide what you will be an expert on and focus on those things!
πͺ 6. Cut Your Losers πͺ
Not every alt pumps simultaneously, and that's fine, but some alts never pump.
A few months from now if a bag you've been holding since the bear market isn't up while everything else is, just cut your losses.
Not every alt pumps simultaneously, and that's fine, but some alts never pump.
A few months from now if a bag you've been holding since the bear market isn't up while everything else is, just cut your losses.
It's easier to sit on a bag and hope it pumps than to admit you were wrong and sell, especially if you're down π¬
But your money can do so much more for you in one of the many cryptos that will pump, so cut your losses and invest the leftovers into something else!
But your money can do so much more for you in one of the many cryptos that will pump, so cut your losses and invest the leftovers into something else!
πͺ 7. Use Free Tools πͺ
Tools like @bubblemaps will help you spot rugs and dodgy cryptos!
@Crypto_Dealflow helps you find where the smart money is investing. And the one and only @DefiLlama is essential. Oh, and @Token_Unlocks!
What's your favourite tool? π
Tools like @bubblemaps will help you spot rugs and dodgy cryptos!
@Crypto_Dealflow helps you find where the smart money is investing. And the one and only @DefiLlama is essential. Oh, and @Token_Unlocks!
What's your favourite tool? π
πͺ 8. Learn To Research πͺ
Research is a vital skill and "do your own research" is not a meme. You MUST research before investing!
It helps you to find good projects and avoid bad ones!
It's been delayed too long; my research giga-thread drops soon π
Research is a vital skill and "do your own research" is not a meme. You MUST research before investing!
It helps you to find good projects and avoid bad ones!
It's been delayed too long; my research giga-thread drops soon π
πͺ 9. Trust Nothing! πͺ
In crypto, you cannot trust anything!!
The biggest alt, exchange, hedge fund or anything could be a scam!
In May 2022, this scepticism saved me six figures when I got out of UST days before it and LUNA collapsed, and billions of dollars vanished!
In crypto, you cannot trust anything!!
The biggest alt, exchange, hedge fund or anything could be a scam!
In May 2022, this scepticism saved me six figures when I got out of UST days before it and LUNA collapsed, and billions of dollars vanished!
I received so much hate for that tweet, but I am happy I saved a few people. I only trust one thing in crypto: my instinct.
So, when something doesn't feel right F***ING RUN!
Don't lose it all as many did with LUNA or FTX.
But FTX had few, if any, warning signs, right?
So, when something doesn't feel right F***ING RUN!
Don't lose it all as many did with LUNA or FTX.
But FTX had few, if any, warning signs, right?
Yes, but the simple solution to that is never to keep all of your funds in an exchange.
You don't keep all your funds in one alt, one stable coin, or one cold wallet, either.
Spread it out, be smart, be safe and trust nothing!
You don't keep all your funds in one alt, one stable coin, or one cold wallet, either.
Spread it out, be smart, be safe and trust nothing!
πͺ 10. Don't Give Up πͺ
People in your life might tell you to get out of crypto. They might even laugh at you.
People put you down because they are too scared to ever take a chance in life. They don't want to see you succeed.
Ignore those people!!
People in your life might tell you to get out of crypto. They might even laugh at you.
People put you down because they are too scared to ever take a chance in life. They don't want to see you succeed.
Ignore those people!!
I hope you've found this thread useful. Drop me a like and RT on my first tweet below if you please:
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