URGENT UPDATE: A Guide To Don't F*ck This Cycle Up

23 snips

Nov 19, 2024

Dive into the intriguing world of crypto as the host shares personal experiences and valuable lessons learned from past mistakes. Discover smart investment strategies that emphasize a concentrated portfolio and avoid emotional trading pitfalls. Understand the importance of self-custody to secure assets, while preparing for economic shifts ahead. Learn why holding long-term can be your best bet and explore the advantages of buying Bitcoin during downturns. Plus, the value of community support is highlighted for navigating this dynamic landscape.

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ADVICE

Avoid Leverage

Avoid leverage, especially if you're new to crypto.
Leverage magnifies losses and can force you out of the market.

ADVICE

Avoid FOMO

Don't FOMO (fear of missing out) into trades.
Avoid emotional decisions driven by others' apparent success.

ADVICE

Focus on Top Assets

Focus on 3-5 top crypto assets for your core holdings.
Diversification beyond this increases risk without significant benefit.

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