Reflections from jumping in the Crypto Pool Ep 2

in #vicentb7 years ago

• Create an account with each and every exchange - as crypto expands centralized authority's are now feeling the noose around their necks unfortunately we still rely on centralized exchanges so sign up with each and every one before they lose the ability to create new accounts

• Diversify, diversify, diversify - so you can capitalize on many opportunities simultaneously and losses don't wipe out your entire portfolio in one strike

• Buy on rumors and sell on the news

• Cut your losses and let your winners run - while your instincts persuade to do the opposite

• Let bygones be bygones - losing sucks and it happens so suck it up, learn the lesson and soldier on

• Buy low and sell high - be cautious of catching the moon so you don't end up holding the bag

• Learn to swim with the whales or drown

• FOMO and FUD are a mutha***ka so execute on good plans and have great faith

• Don't catch a falling knife

• Develop your research capabilities to understand the market and grasp the hilt of the sword

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