10 BLOOD LESSONS IN THE CRYPTO MARKET THAT I WISH I KNEW SOONER
For all the brothers who are and will step into this volatile market. This is not just theory, but what I have had to pay to learn.
1️⃣ Start Small:
The initial goal is to learn, not to get rich immediately. Many people win a few trades and then become greedy, increasing their volume and "burning" their accounts. Entering small trades helps you reduce psychological pressure, maintain your stance, and learn without destroying your wallet.
2️⃣ Don't Settle for Less:
Don't buy a coin just because it's cheap and no one is asking for it. Buy what is in demand, what has 'waves'. Coins that increase significantly in price are due to 'momentum'. If you keep going against the wave, you might as well invest in stocks or gold.
3️⃣ Differentiate When to 'Risk On' & When to 'Risk Off':
The habits that help you make a lot of money in a bull market will be what makes you faceplant in a bear market. Build a clear set of rules: When to take risks with altcoins (Risk On), and when to retreat to defense with BTC or stablecoins (Risk Off).
4️⃣ Probabilistic Thinking:
Instead of asking 'Will BTC go to $200k?', ask 'If it goes up, what will I do? If it doesn't go up, what will I do?'. The issue is not whether you are right or wrong, but how much you gain when you are right and how much you lose when you are wrong (Risk/Reward).
5️⃣ Don't be a Bag Holder:
Never hold onto something forever. Except for BTC, which can be debated, the only thing you should hold indefinitely is PROFIT. Don't let anyone shame you for taking profits. Profit is only yours when it is in your wallet.
6️⃣ Embrace Risk:
There is no trade without risk. To make a profit, you must accept it. Don't torment yourself, don't guess too soon or too late, don't cut your positions too early or too late. Accept the risk and manage it. If you can't dare to accept that loss, it means you have entered a trade that is too large.
7️⃣ Don't Be Too Fearful at the Bottom & Too Eager at the Top:
A common paradox: When the market hits bottom, many only dare to buy BTC for safety. When the market is at its peak, everyone rushes into altcoins to maximize profits. Try to do the opposite: Be braver when the market is quiet and more cautious when everyone is excited.
8️⃣ Be Consistent:
Successful people are those who diligently monitor the market during the dark bear season when everyone else has given up. They are the ones who continue to practice when no one cares. Great results come from perseverance when it seems there are no rewards in sight.
9️⃣ Don't Just Watch, Try!
The eternal observer will never make money. If you have an idea, try it with a small amount of capital you are willing to lose. Nothing replaces the experience of real trading. I fear the person who has failed 1000 times more than the person who talks well but has never tried.
🔟 Be an Optimist:
Optimism is the attitude with the most EV+ (positive expected return) you can have. See opportunities when people are pessimistic. Seek potential in a trade. Optimism will attract good things and like-minded people.

