- Read up on the different projects
- Understand their value proposition and how this value accrual is connected to their token
- Read up on the team/investors/roadmap
- These are the top 10 #DeFi projects crypto OG's think will moon in 2021☑️
6. Plan how you will build a position:
- Will you DCA every week/month?
- Will you use TA to snipe a good entry?
- Will you place bids to catch entries when price dumps?
- Will you buy leading up to a big catalyst for a certain project?
'Reminiscences of a Stock Operator', published in 1932, is a mandatory read for all crypto investors📜
After reading for a 3rd time, I've included some of my personal favourite passages below⬇️
$crypto
Ever made a trade in the hopes that the market will pay for something you desire❓
Don't.
"What does a man do when he sets out to make the stock market pay for a sudden need? Why, he merely hopes."
"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again". 🦉
- The exact same applies to the crypto market, and any other market that humans trade📈
An EXACT description of the $BTC run from the 3k lows, written over 100 years ago 👀
"The public notes the advance - but that there will be plenty of opportunities to buy on substantial reactions - strangely enough, these reactions do not appear"