"Timeless Crypto Principles: Stay Grounded, Stay Ahead"

"Crypto Wisdom: Principles for Long-Term Success"

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šŸ•’ 4:19 PM

šŸ“… Mar 03, 2025

āœļø By Smoky

Crypto Principles To Never Forget:

- crypto isn’t a ā€˜get rich quick’, but if you can zoom out and play the macro game, you will outperform your expectations

- don’t invest more than you can afford to lose

- when making any decision, always have the mindset, ā€œthis could all go to zeroā€

- expect nothing

- anticipate everything

- when crypto dips, it will likely dip lower than you think it will

- when crypto pumps, it will likely pump higher than you think it will

- have an exit strategy well before any pump happens. Stick to the plan and don’t get trapped in euphoria

- don’t make a financial decision based on anything you see from someone online. Collect the data everywhere and then make a decision between you and yourself

- no one knows what will happen next, but if you study the right data, there will be hints. So take your own time and study the data

- always have taxes on your mind and plan for them in your profit-taking plan. Not doing so can have disastrous impact

- when altcoin pumps are rotating, don’t chase coins that are moving when your coin is not moving. Likely, you’ll end up buying the top, and then your coin will pump

- when negativity gets very high, it’s time to be on high alert

- when positivity gets too euphoric, it’s time to be on high alert