REFLECTION spotted this degen on-chain that made one trade and the token surged by 5,689X....
(Before we continue, I will appreciate it if you give me a follow and hit the like button thanks )
This is not an insider or dev doings but a completely degen like you and you can actually archive this if you start looking at the right place.
Here is His $SOL wallet where he bought a meme coin called $BALLZ immediately it was launched with just $22 and he sold it in 4 transactions and profited 128,969 ..9ZQA89y5tF4uubZsPwu9xxTaPkn9wB8z1So9eMVHW76K
This proves that anyone can make it in crypto most especially in the BULL run.
But the sad truth is that it's not everyone that made money during the bull run can retain the money through another bear circle.
Speaking from experience in the last bull run I made a fortune but ftx and terra ust drained almost everything.
But here is what I am doing differently.
1) Always do your due diligence before buying any token. ... (Don't just trust and ape blindly, verify !!!!!)
2) The fate of every trade is determined even before you buy it, hence don't go all in, rather split your asset and rotate to bluechip. (Don't trade with more than 20% of your portfolio into one asset)
3) Always take profit, you ape early, you can break even and let others to ride. Keep your emotions in check, do not invest emotionally, always have a plan before you even open a trade.
Some guys will think, "It 20x...it can go up even more. Why would I take profits now?"
Well..
That's why at the end of every cycle, you see the mf'ers crying about their ATH portfolios, but wish they took more profits.
Good investing = managing risks.
4) Trade spot and don't use leverage. Leave leverage for market makers anyone asking you to leverage or use any other product aside spot is after your life. Imagine if you bought Bitcoin in 2021 with leverage, truth is' you would have been liquidated before it started reversing.
5) Don't borrow money to invest. Never !! Or try to make a quick flip with your house rent, school fees or any money that is placed under your care. It's greed and you might regret it.
6) Apply every security measure possible to protect your wallet.
That would be all for today. 😎 please if you find value with this. Kindly give me a follow so you won't miss out on my next post.
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