In my first bull run, I went from $6k to $150k.
But I almost lost it all as it went down to $12k.
After that I made a set of golden rules that I use daily that helped me turn it into over $200k.
Here are 15 rules to help you maximize your gains and minimize losses.🧵
But I almost lost it all as it went down to $12k.
After that I made a set of golden rules that I use daily that helped me turn it into over $200k.
Here are 15 rules to help you maximize your gains and minimize losses.🧵
⎆ Understand Market Triggers: Know what drives token prices.
Don't hold onto coins blindly; if expectations aren't met, consider selling.
⎆ Diversify Your Investments: Avoid putting all your money into crypto.
Diversification reduces risk and prevents major losses.
Don't hold onto coins blindly; if expectations aren't met, consider selling.
⎆ Diversify Your Investments: Avoid putting all your money into crypto.
Diversification reduces risk and prevents major losses.
⎆ Beware of Long Lock-Ins: Locking tokens for long periods can lead to losses.
Be cautious of high APY offers and long-term commitments.
⎆ Focus on New Projects: New tokens have higher growth potential than established ones.
Look for promising projects with room to grow.
Be cautious of high APY offers and long-term commitments.
⎆ Focus on New Projects: New tokens have higher growth potential than established ones.
Look for promising projects with room to grow.
⎆ Time Your Entries and Exits: Enter the market before news breaks, then sell after the news hits.
Coins thrive on expectations, not actual news.
⎆ Fact-Check News: Verify the authenticity of news sources.
Fake news can cause significant market fluctuations.
Coins thrive on expectations, not actual news.
⎆ Fact-Check News: Verify the authenticity of news sources.
Fake news can cause significant market fluctuations.
⎆ Specialize: Focus on one area of crypto and become an expert.
Crypto offers various activities, but dabbling in too many areas leads to shallow knowledge and potential losses.
Occasionally explore other opportunities, but focus on your main expertise.
Crypto offers various activities, but dabbling in too many areas leads to shallow knowledge and potential losses.
Occasionally explore other opportunities, but focus on your main expertise.
⎆ Stay Objective: Don't let emotions cloud your judgment.
Avoid becoming overly attached to a project; always assess its flaws objectively.
⎆ Treat Profits Wisely: See profits as earned income, not luck.
Grow your capital steadily and avoid reckless investments.
Avoid becoming overly attached to a project; always assess its flaws objectively.
⎆ Treat Profits Wisely: See profits as earned income, not luck.
Grow your capital steadily and avoid reckless investments.
⎆ Evaluate Your Portfolio Regularly: Continuously assess your holdings.
If you wouldn't buy a coin at its current price, question why you're holding onto it.
If you wouldn't buy a coin at its current price, question why you're holding onto it.
⎆ Anticipate Market Narratives: Predict market trends and narratives before they unfold.
Analyze on-chain data, trends, and past experiences to stay ahead.
Analyze on-chain data, trends, and past experiences to stay ahead.
⎆ Avoid Obsessive Monitoring: Constantly checking your balance leads to impulsive decisions.
Stick to your plan and avoid emotional trading.
Stick to your plan and avoid emotional trading.
⎆ Question Insider Information: Be skeptical of inside tips, as many are designed to deceive investors.
Always verify information before acting on it.
Always verify information before acting on it.
⎆ Seize Opportunities: Don't fret over missed opportunities.
If you miss a sector's growth, learn from it and prepare for the next opportunity.
If you miss a sector's growth, learn from it and prepare for the next opportunity.
⎆ Beware of Scams: There are lots of scammers especially during the bull run.
Use secure wallets, verify sources, and diversify to protect your assets.
Use secure wallets, verify sources, and diversify to protect your assets.
Navigating a bull run successfully isn't just about riding the wave—it's about making smart, informed decisions.
With these 15 rules, you can steer clear of common traps and maximize your profits.
Stay informed, remain critical, and always keep your eye on the big picture.
With these 15 rules, you can steer clear of common traps and maximize your profits.
Stay informed, remain critical, and always keep your eye on the big picture.
Everything in this thread is my personal view and is not financial advice.
For more alpha threads, latest airdrops, my trades, charts & calls, industry news & whale wallet tracking:
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For more alpha threads, latest airdrops, my trades, charts & calls, industry news & whale wallet tracking:
Join our free TG: t.me
I hope you've found this thread helpful.
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