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Your job is not to predict where the market will go next.
Your job is to think in probabilities and make good trades.
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A few tips, especially for beginners in the crypto space: During every market cycle, many influential figures and asset managers love to promote sky-high BTC price targets. š Back in 2017, numbers like $400,000 and even $1M were frequently thrown around. While these predictions create a lot of hype and engagement, they also help draw in more retail investorsāfor better or worse. Hereās the reality: These targets almost never materialize. Itās all just clever marketing and nothing more. ā ļø If you base your actions on these lofty goals and wait for them to materialize, youāre likely to get wrecked. Instead, focus on realistic strategies. Acting only when these extreme targets are reached will almost certainly lead to losses. Stay grounded and protect your capital. ā
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Thereās a cruel, invisible tax that comes with wealth gained through luck. š You pay this tax through constant fear and anxiety, because wealth that comes accidentally feels fragile and uncertain. Thatās why, if you manage to earn life-changing money during this period, take steps to build something that will help you protect and preserve it. š” Wealth isnāt just about earningāitās about keeping it safe for the future. Plan wisely. ā
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It may not sound exciting, but we all need to have a plan of action ready for those moments of unexpected market highs. š The peak will arrive much sooner than anyone expects. Iām not saying this to scare youājust sharing my experience. Be prepared. ā
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It may not sound exciting, but we all need to have a plan of action ready for those moments of unexpected market highs. š The peak will arrive much sooner than anyone expects. Iām not saying this to scare youājust sharing my experience. Be prepared. ā
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Greed will tempt you every single day. This year, Iāve already set aside the profits Iāve made. Guess what Iām tempted to do with it? š Invest it all in Ethereum. Why not? - Low risk, almost guaranteed upside š - High liquidity - And letās face it, weāre in the middle of alt-season with incredible growth happening! Itās hard to think of reasons not to do it, right? Right? That voice of temptation is always there, whispering in your ear. But hereās the truth: Youāll never have enough. Youāll always want more. Is that rational, though? When you already have the means to transform your life, why chase after even more? Why risk it all? (And letās be honestāyour mind rarely asks you that question.) Iām still fully involved in the game, still well-protected, and still trading with substantial capital. But hereās the difference: Iāve chosen to take a portion of my gains and step out with it. Letās not fool ourselves, though. We all know that x2 feels smaller than x4, x8, or x16. Itās tempting to keep reaching for more. Donāt fall for it. I battle this temptation every day. And I know that youāll face this battle too, eventually. Even if that moment hasnāt arrived yet, it will. And when it does, this may be your greatest challenge during the cycleānot making a profit, but resisting the temptation to risk it all. Stay wise. Stay disciplined. āØ
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