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James Bull

@MariusCrypt0

18h

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1/8 Here are the Top 7 mistakes that I've seen people make constantly. Not making these mistakes will already make you better than 90% of crypto traders. However, even after reading these, you'll still make these mistakes at least 5 times before actually having internalized them

2/8 Being emotional. The best trader is the trader without any emotions, that is not phased by a 200% increase or a 70% dip and just takes profits or rebuys more.

3/8 Not buying low and selling high. This might seem obvious, but the majority of crypto traders simply do the opposite.

4/9 Making all or nothing buys, i.e. either sell all of their position or either buy all of their position. An experienced trader only sells 10%-20% of their position every time their position has doubled That way, they always make profits and also have money to rebuy the dips.

5/8 Putting all of their eggs in 1 basket. Don’t just only hold 1 coin, hold the best 10 coins you can find and one of them will likely make a 2,000% return and make up for the losses of all the other 9 coins.

6/8 Putting all their coins on 1 wallet. Have your coins distributed through exchanges, online wallets, cold wallets and paper wallet, so that if one gets hacked or you lose it, you don’t lose it all.

7/8 Invest more that they can afford to lose. If you put more money into crypto than you can afford to lose, you also become much more emotional and make bad trades. It’s a vicious cycle. Instead, only put 10%of your whole networth maximum into crypto.

8/8 Buying coins that are hyped without any new technological innovation. Examples are: $BTC $EOS $TRX $LTC $ADA $XRP $XLM $SOL

I've written about these 7 rules already 3 years ago, but they are still as current as always. qr.ae/pv9Acn

Marius Kramer's answer: Here are the Top 7 mistakes that I have seen people make over the last years. If you don’t make these mistakes you are already better than 99% of all crypto traders. However,...

qr.ae/pv9Acn

What should I know before starting trading cryptocurrencies?

Marius Kramer's answer: Here are the Top 7 mistakes that I have seen people make over the last years. If you don’t make these mistakes you are already better than 99% of all crypto traders. However,...

James Bull

@MariusCrypt0

Building @StarwalkerMMO, the biggest Metaverse to come, VERY soon.

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