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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. đ 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 investorsâfor better or worse. Hereâs the reality: These targets almost never materialize. Itâs all just clever marketing and nothing more. â ïž If you base your actions on these lofty goals and wait for them to materialize, youâre 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. â
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Thereâs a cruel, invisible tax that comes with wealth gained through luck. đ You pay this tax through constant fear and anxiety, because wealth that comes accidentally feels fragile and uncertain. Thatâs 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. đĄ Wealth isnât just about earningâitâs about keeping it safe for the future. Plan wisely. â
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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. đ The peak will arrive much sooner than anyone expects. Iâm not saying this to scare youâjust sharing my experience. Be prepared. â
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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. đ The peak will arrive much sooner than anyone expects. Iâm not saying this to scare youâjust sharing my experience. Be prepared. â
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Greed will tempt you every single day. This year, Iâve already set aside the profits Iâve made. Guess what Iâm tempted to do with it? đ Invest it all in Ethereum. Why not? - Low risk, almost guaranteed upside đ - High liquidity - And letâs face it, weâre in the middle of alt-season with incredible growth happening! Itâs hard to think of reasons not to do it, right? Right? That voice of temptation is always there, whispering in your ear. But hereâs the truth: Youâll never have enough. Youâll 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 letâs be honestâyour mind rarely asks you that question.) Iâm still fully involved in the game, still well-protected, and still trading with substantial capital. But hereâs the difference: Iâve chosen to take a portion of my gains and step out with it. Letâs not fool ourselves, though. We all know that x2 feels smaller than x4, x8, or x16. Itâs tempting to keep reaching for more. Donât fall for it. I battle this temptation every day. And I know that youâll face this battle too, eventually. Even if that moment hasnât arrived yet, it will. And when it does, this may be your greatest challenge during the cycleânot making a profit, but resisting the temptation to risk it all. Stay wise. Stay disciplined. âš
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