1. You can't become really rich by being an employee.
If you're getting paid by the hour, Someone is using you far efficiently by making profit off of your work, after paying you the labour.
Own your output.
Become your own boss, own a business or equity.
2. You will never become rich doing something you're mediocre at.
You will never become really good at something you dislike doing.
Find what you really like doing.
Find how to deliver it to people.
Find how to sell it.
Find interest. Build. Market. Sell.
3. Find whatever doesn't feel like work to you.
Find something you enjoy.
Turn it into a business.
Your competitors will have a tough time beating you at something that feels like fun to you.
Choose your game. Play it a lot. Find ways to create wealth from it.
4. The real secret.
Find a friend.
Noone becomes rich alone.
You need a team or a system or a friend.
The easiest way to become rich is to find a like minded person with high energy, integrity and build together.
Many few are previleged to find a friend like
-Trust entirely with their secrets.
-Can guess what the other person is already thinking.
-Never have to second guess their intentions.
-Know their family and be treated like a family.
So find a Person with similar interest, unending trust, ride or die attitude for you.
Work on a common goal, teach each other what you learnt.
2x faster growth with no doubts.
Find this guy.
You will be a lucky human if you find such a relation.
5. Be ready to invest a decade.
My first rule before I invest in a startup is judging if the founders will be here for a decade, minimum.
Wealth is built slow. Any other way leads to prison or insanity.
6. Just do it.
You don't need a great idea to succeed. Ideas come a dozen a dime. Execution is rare and scary.
Execute. Fail. Fail again till You find something that works.
Failures lead to experience enhancement.
Ideas don't succeed, execution does.
I hope it gives you a new perspective to think and earn.
Use the above as guiding principles and not momentary motivation.
I found all the above in Crypto Trading.
I hope you find yours in what you enjoy the most.
All the best.
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Some Changes I would make to my trading if I started again.
1. A few winning trades is a myth. Don't Listen to stupid influencers who keep telling you that you just need a few winning trades. You can't 2x your portfolio by risking it all in one trade and then assume you'll keep doing the same forever.
You need to risk small or maybe higher if you're very sure about the trade with higher conviction.
Higher risk has always blown portfolios. Anyone telling you otherwise is selling a course for a living.
Small risks, many trades. If you're really sure or early or have insider info about a trade, then can skew the risk higher.
2. For swing trading, nothing is more important than market structure and people make losses because they don't want to believe the market structure or keep holding onto a losing trade, even when they can see a different market structure.
Market Structure is there for a reason, use it, study it and believe in it.
3. You can't me use the same mindset, data and zones for different types of trading.
Each type of trading, Scalping, swing or investment is to be done in different time scales and you need a different zone and need to ignore a few zones for different time length of trading.
A Mega Thread for All Major Altcoins and how to trade them.
Book Mark and Study for your trades.
BNB
Since our last update, we flipped the 0.0093 resistance level, now forming a new range
Expecting a small range against BTC here before continuation higher.
Suggestion - Hold on to bottom entries if you bought with me around $500.
SOL
Tricky situation, if we hold range high we just flipped, I expect to reach $170 soon
Bidding region would be under $135 sweep based on BTC chart.
1. Visible Range OI Delta Profile on @coinalyzetool
Shows where traders are entering and exiting. Use this like VPVR.
Use this indicator on LTF to identify trading levels in a trending market.
In range, use this to scalp on either side as target when price deviates.
2. Aggregate OI:
Having net open interest across all trading pairs is very useful.
Sometimes, one exchange will market enter large long positions while there is no action or selling action on other exchange. This filters out misinterpretation of that data to a large extent.