Crypto Goodreads

Forwarded from Multichain Journal

1. I successfully questioned myself after I round-tripped 500K+ in the last run and believed everyone when they said, *"This bull will continue for some months."* This time, I decided to take a different approach and just take profits into stables continuously throughout the whole run. It worked like a charm.

Of course, I could have made more profit, but profit-maximizing is super risky, and the first 100K is worth much more to you than the next 100K. Our minds are tricked by all the *0 to 7-figure* fake Twitter posts, but in reality, most degens round-trip the most money.

2. Fast adaptation to situations and new chains is key. I ignored SOL for many weeks because I thought, *"It's just another new shiny chain, and it will die soon."* Never judge, never try to outplay the market, and never think you're clever enough to fully understand the game.

The fact is, nobody understands shit—so try to adapt quickly to new trends and play the volume where it comes. This run felt so much faster than the last one.

3. Mental and physical health are key. Don't play when you're tired, sad, or angry about losses. Emotions will lead to bad decisions most of the time, and I’ve seen so many people lose money they made over months in a single bad FOMO decision.

4. If the market stays like it is now for many weeks or months, it's not worth hustling 24/7. Either take a long break to recharge your energy or use the time to build a network, connect with new people, and learn new skills.

If you keep hunting 10 hours a day in front of your PC during a bad market, the probability of losing control and aping into shitcoins is way higher.

Over and out, see you soon

www.tgoop.com/cryptogoodreads/2304

1.4K viewsMar 12 at 18:12

1. I successfully questioned myself after I round-tripped 500K+ in the last run and believed everyone when they said, *"This bull will continue for some months."* This time, I decided to take a different approach and just take profits into stables continuously throughout the whole run. It worked like a charm.

Of course, I could have made more profit, but profit-maximizing is super risky, and the first 100K is worth much more to you than the next 100K. Our minds are tricked by all the *0 to 7-figure* fake Twitter posts, but in reality, most degens round-trip the most money.

2. Fast adaptation to situations and new chains is key. I ignored SOL for many weeks because I thought, *"It's just another new shiny chain, and it will die soon."* Never judge, never try to outplay the market, and never think you're clever enough to fully understand the game.

The fact is, nobody understands shit—so try to adapt quickly to new trends and play the volume where it comes. This run felt so much faster than the last one.

3. Mental and physical health are key. Don't play when you're tired, sad, or angry about losses. Emotions will lead to bad decisions most of the time, and I’ve seen so many people lose money they made over months in a single bad FOMO decision.

4. If the market stays like it is now for many weeks or months, it's not worth hustling 24/7. Either take a long break to recharge your energy or use the time to build a network, connect with new people, and learn new skills.

If you keep hunting 10 hours a day in front of your PC during a bad market, the probability of losing control and aping into shitcoins is way higher.

Over and out, see you soon

BY Crypto Goodreads