Do you think crypto millionaires will tell you how they became rich? Lol take a chill pill and read this article i will tell you the deepest secrets crypto millionaires don’t won’t tell you. They only tell you what they want you to know but won’t tell you the honest truth about how they became successful in the crypto space because they keep all the secrets to themselves while you go about trying to figure out the next Bitcoin and Ethereum . I will share with you few key secrets you need to know most crypto influencers on twitter won’t tell you .

Don’t participate in fake pumps and dumps

Fake pumps are the easiest way most influencers and big whales make huge profits from I will tell you why. So some big influencers are paid to promote and hype projects that ain’t worth it to their followers they will lie to you saying this project is the next Bitcoin. Due to the fear of missing out (FOMO) so many traders jump into fake pumps. When the naive investors have invested in the project big whales who controls the project sell their holdings and dump the market which leads to massive losses leaving investors in a devastated state. It’s better to keep your assets than investing it in some fake pump projects. Avoid quick profit trades

Make your own research

This is a great way to learn and grow your knowledge . Don’t depend on what your influencers say always go extra mile make research about any projects visit their website read their white paper get the right information before jumping into any project that would help you not to get into the wrong projects .

Diversify your portfolio

Don’t put all your eggs in one basket. Always spread your investments around so that your exposure to any one type of asset is limited. Diversifying your portfolio can help reduce the volatility of your portfolio. Select investments from different sources.

Hold long term

Crypto is not a get rich quick scheme don’t doubt the process be patient with your investment give it a few years trust me you will get positive results most people make the mistakes and regret later hold long term and thank yourself later.

Apply stop loss

The crypto market never sleeps and crypto is volatile you can loose half of your investment at a blink of eye so it’s always advisable to use stop loss to prevent or limit losses you can always buy again when the price is stable . The concept of stop loss can be used for long term as well as short term trading.

If you read this article from the beginning you and apply these techniques you will excel in the crypto space this is not a financial advice crypto involves risk always make use of your common sense.