@venomstarxz
This was my 5th year in crypto 🪙
Don't do these mistakes ✖️
Here’s what I really learned 👇
If you want to survive and grow in this space, avoid these common pitfalls.
1) Avoid Perps
Most people lose money trading perpetuals. Only trade what you truly understand.
2) Verify Information
Crypto communities and social media are full of noise. Don’t trust everything you read.
3) Focus on Conviction Plays
Hold only 3–5 assets you truly believe in. Every other position should have a clear entry and exit plan.
4) Take Profits Regularly
Don’t wait for maximum gains. Protect your profits and move them to secure storage.
5) Invest in Skills, Not Hype
Building knowledge, research ability, and understanding the market gives longer-term returns than chasing trends or airdrops.
6)Be Careful with Speculative Rewards
Only participate where value is real and ongoing. Avoid paying for uncertain rewards.