GM CT
I am in this space for like 6 years and there are some secrets that I wish I could send back in time to myself.
1-Secure profits in BTC, ETH, stablecoins, and fiat. Don't gamble them away.
2-Cult projects can profit but exit before the crash.
3-Avoid locking tokens for excessive yield; it's risky.
4-Guard your attention; avoid Crypto drama distractions.
5-Beware of over-optimizing yields; more yield often means more risk.
6-Be skeptical of advice; many have agendas.
7-Favor market leaders in new narratives.
8-Simplicity beats using countless tools.
9-Information flow hierarchy matters; Twitter shills come last.
10-Alpha comes from knowledge or hard work.
11-History repeats; recognize patterns.
12-Position early; FOMO means you might be late.
13-Focus on portfolio %, not $ value.
14-Cut losers early; don't let them grow.
15-Keep a crypto journal; learn from mistakes.
16-Fundamentals matter less in a bull market.
17-Incentives drive prices; watch airdrops and rewards.
18-No one's too big to fail; protect your funds.
19-It's about risk management, not perfection.
20-Narrow your focus; stay informed in chosen sectors.
21-Don't dwell on macro; focus on capital flow.
22-Trade sober, rested, and focused.
23-Stablecoins aren't always stable; use fiat if needed.
24-Concentrate to grow; diversify to protect.
25-Develop trading systems; emotions kill gains.
26-100x returns through trading are rare.
27-New projects attract more attention.
28-Be cautious of advice on Crypto Twitter.
29-Expand beyond Crypto content for knowledge.
These principles may change, but my belief in
#DeFi's potential remains unwavering.
Share and save for future reference during the next bull run.