💭💯 Remember something
95% of traders get wrecked in every single market eventually.
Most of the bots and MEGA ROI “pools” … (most are ponzis that pay out long enough to pull in mega money) will eventually stop paying out due to banking issues, bad intentions or regulatory issues.
Most “alpha or trade group” callers are in their call first, then call it to the group and then use their group to exit smoothly.
Been around trading world for 8 years, I’ve seen countless friends lose millions and millions.
If it seems too good to be true, flashy, hyp-ey… it probably is.
The best way to protect yourself against this in web3 is DCA into top tier proven tokens like BTC - ETH - SOL … prob is … most people are just not patient enough to ride something strong… they want 10-20-50x which most of the time is 1 in 100 chance in most cases. (Influencers don’t count, they get inside info and just pretend they are geniuses in most cases)
Or
Collect proven NFTs. DCA in and out along the way.
Don’t chase the latest hype, shit coins, start ups, fomo mints etc
If you find a good one early, smash it but have a take profit or exit strategy so you don’t get wrecked.
On any new stuff I let the dust settle first, then enter UNLESS I am super super early… but in that case I only risk what I’m ok with losing and def take profits 🤝🏻💯
Some ppl won’t like my transparency but idc… my message to my audience here is to prevent people from getting wrecked chasing hype and to help people build long term success.
Too many ppl come into my inbox talking about how they lost everything on this coin, that coin, this bot, that pool…
Hurts 💯
Which is why I only buy and talk about certain projects etc
I’m not perfect, but I have a lot of experience and long term consistent wins.
I’ve built a diverse portfolio in and out of web3 and nothing in web3 pays any of my bills. Ever.
❤️🤝🏻 love yall, have fun, do what makes you happy but don’t risk everything you have for the too good to be true 20-50-100x garbage