22 Pieces of Advice for 2022 Investors
Categories in Order:
π² Risk
π° Portfolio Management
π Upcoming Narratives
Enjoy.
Categories in Order:
π² Risk
π° Portfolio Management
π Upcoming Narratives
Enjoy.
1. Throughout this thread, I will be presenting you with many questions.
3 years ago, when I started investing it helped me tremendously to write down the answers in detail.
Since then it has been a constant reference point and a true factor of my success.
Wagmi
3 years ago, when I started investing it helped me tremendously to write down the answers in detail.
Since then it has been a constant reference point and a true factor of my success.
Wagmi
π²2. Understanding who you are.
Your emotions affect your decisions in the market.
Everyone is different.
What time period do you prefer to make trades into?
- Short (days-week)
- Medium (weeks-month)
- Long (months-years)
Once you've decided. Will you stick with this?
Your emotions affect your decisions in the market.
Everyone is different.
What time period do you prefer to make trades into?
- Short (days-week)
- Medium (weeks-month)
- Long (months-years)
Once you've decided. Will you stick with this?
π²3. People trade and others invest.
Do you invest because someone told you to?
Do you avoid researching projects yourself?
Do you enter trades without an exit strategy?
Your answer should be "NO" to all of these questions.
It is unnecessary risk at your financial expense.
Do you invest because someone told you to?
Do you avoid researching projects yourself?
Do you enter trades without an exit strategy?
Your answer should be "NO" to all of these questions.
It is unnecessary risk at your financial expense.
π²4. Goals define us as humans.
Are your goals financial?
Are you in crypto for the technology?
Are you in it because it is popular?
Be clear why you are in.
This way, when you exit a trade you will face no barriers.
Quick efficient decisions in a volatile market is key.
Are your goals financial?
Are you in crypto for the technology?
Are you in it because it is popular?
Be clear why you are in.
This way, when you exit a trade you will face no barriers.
Quick efficient decisions in a volatile market is key.
π²5. An investment plan is "success" but phrased differently.
It should include informative resources such as:
-News sources
-Checking the markets (when?)
-Limit orders
-Leverage
-Diversification strategies (eg metaverse, Liquidity Pools)
The plan should only grow with time.
It should include informative resources such as:
-News sources
-Checking the markets (when?)
-Limit orders
-Leverage
-Diversification strategies (eg metaverse, Liquidity Pools)
The plan should only grow with time.
π²6. Do you think of yourself as the teacher or the student?
Just because you got in early on a coin that pumped.
Does it make you smarter?
Did you stop educating yourself because of this?
Keep learning within this ever-changing environment.
Call it evolution if you must.
Just because you got in early on a coin that pumped.
Does it make you smarter?
Did you stop educating yourself because of this?
Keep learning within this ever-changing environment.
Call it evolution if you must.
π° 7. If your allocating capital, treat it like a buisness
Construct the ideal portfolio.
One which you don't mind "Hodling" in the wake of adverse market conditions.
Such as a plummeting Bitcoin.
Ideally your portfolio wants to be profiting even in such conditions.
Construct the ideal portfolio.
One which you don't mind "Hodling" in the wake of adverse market conditions.
Such as a plummeting Bitcoin.
Ideally your portfolio wants to be profiting even in such conditions.
π° 8. A portfolio is like a fortress.
You'll have defense systems in place protecting capital.
Ideas to take into account would be:
-Slow movers both up and down (BTC/ETH)
-Top 100 alts
-Low Cap alts
-Liquidity pools
-Metaverse
-IDO launchpads
-Gaming
-Web3 infrastructure
You'll have defense systems in place protecting capital.
Ideas to take into account would be:
-Slow movers both up and down (BTC/ETH)
-Top 100 alts
-Low Cap alts
-Liquidity pools
-Metaverse
-IDO launchpads
-Gaming
-Web3 infrastructure
π° 9. Have intricate knowledge.
Take VC unlock schedules.
Or Launchpads for that matter.
Both are prone to significant dumping and can leave you holding a red bag.
(To my reader, this will be covered further in a separate thread.)
Take VC unlock schedules.
Or Launchpads for that matter.
Both are prone to significant dumping and can leave you holding a red bag.
(To my reader, this will be covered further in a separate thread.)
π° 10. Fundamental metrics are important.
Here are my favourite when researching a project
-Problem Vs Solution
-Real World Use Cases
-Value Proposition
-Technology
-Tokenomics
-Team + Partners + Devs + Investors
-Roadmap
-Price Metrics
A whitepaper should be useful for this.
Here are my favourite when researching a project
-Problem Vs Solution
-Real World Use Cases
-Value Proposition
-Technology
-Tokenomics
-Team + Partners + Devs + Investors
-Roadmap
-Price Metrics
A whitepaper should be useful for this.
π° 11. Don't chase pumps.
When Luna pumped, did you keep an eye on Luna.
Or did you look at their ecosystem, and partners such as Cosmos
How long did it hover in the $20 region for before jumping to $40 as Luna pumped?
It's at this point, where I say don't get shilled coins.
When Luna pumped, did you keep an eye on Luna.
Or did you look at their ecosystem, and partners such as Cosmos
How long did it hover in the $20 region for before jumping to $40 as Luna pumped?
It's at this point, where I say don't get shilled coins.
π° 12. Hold onto your ideas.
Coins with strong fundamentals will pump when appreciated by the market participants.
Idea to write as it pumps:
-Coin name
-Coin fundamentals
-Your preferable price to buy in
-Suitable buy limit orders
This way you can catch a pullback nicely.
Coins with strong fundamentals will pump when appreciated by the market participants.
Idea to write as it pumps:
-Coin name
-Coin fundamentals
-Your preferable price to buy in
-Suitable buy limit orders
This way you can catch a pullback nicely.
π° 13. I don't believe anymore in drawn out bear markets.
This is because of adoption.
It is here.
It just means some projects will have their pump. Others won't.
Just as sentiment may be low and fear may be high.
And vice versa.
Fear is not here to stay, dear reader.
This is because of adoption.
It is here.
It just means some projects will have their pump. Others won't.
Just as sentiment may be low and fear may be high.
And vice versa.
Fear is not here to stay, dear reader.
π° 14. Narratives to digest.
Go through this, once in a while.
See what's pumped/not this past quarter.
A useful ticklist:
-DeFi
-Oracles
-Privacy
-L1 Eth Killers
-NFT
-Metaverse
-Gaming
-L2 Scaling
-Identity
-Memecoins (*sigh*)
Go through this, once in a while.
See what's pumped/not this past quarter.
A useful ticklist:
-DeFi
-Oracles
-Privacy
-L1 Eth Killers
-NFT
-Metaverse
-Gaming
-L2 Scaling
-Identity
-Memecoins (*sigh*)
π° 15. Making money is nice. Keeping it is better.
Taking profits is essential.
My belief is tech will continue to grow in this space.
Has it shown us otherwise?
2018 XRP is no longer relevant.
You don't know what will be here in the future.
Take profits at % intervals.
Taking profits is essential.
My belief is tech will continue to grow in this space.
Has it shown us otherwise?
2018 XRP is no longer relevant.
You don't know what will be here in the future.
Take profits at % intervals.
π 16. Risk is a subjective concept.
A Yield Farmer may view altcoins as risky.
A Trader may view investing longer term as risky due to a lack of fundamental knowledge.
Know your strengths.
Know your weaknesses even better.
When learning- only ever allocate small capital <1%
A Yield Farmer may view altcoins as risky.
A Trader may view investing longer term as risky due to a lack of fundamental knowledge.
Know your strengths.
Know your weaknesses even better.
When learning- only ever allocate small capital <1%
π 17. Have a Tradingview account
Not to look at charts all day reader.
It helps track market sentiment and key prices.
Being technically skilled can help.
I enjoy looking at:
-Bitcoin Dominance
-Total Crypto Market Cap excluding Bitcoin.
To name but a few...
Not to look at charts all day reader.
It helps track market sentiment and key prices.
Being technically skilled can help.
I enjoy looking at:
-Bitcoin Dominance
-Total Crypto Market Cap excluding Bitcoin.
To name but a few...
π 18. Form a group.
"You are a product of your environment. Surround yourself with the best."
It helps to share research with those you trust.
Research such as tokenomics, technology. Especially if there is knowledge asymmetry.
Remember you want to be free.
This saves time.
"You are a product of your environment. Surround yourself with the best."
It helps to share research with those you trust.
Research such as tokenomics, technology. Especially if there is knowledge asymmetry.
Remember you want to be free.
This saves time.
π 19. Find your narratives.
I've discussed my take on narratives in this Medium article.
I believe this is how the first two quarters will play out.
link.medium.com/bdkgQKmXzmb
I've discussed my take on narratives in this Medium article.
I believe this is how the first two quarters will play out.
link.medium.com/bdkgQKmXzmb
π 20. Picks make you rich.
I am always interested in technology which underlies fundamentals.
As btc dumps, fundamentally sound coins have held and even pumped well.
Specifically I'm referring to:
-Web 3 structure
-Layer 2 scaling
-Optimistic Rollups
-Zero Knowledge proof.
I am always interested in technology which underlies fundamentals.
As btc dumps, fundamentally sound coins have held and even pumped well.
Specifically I'm referring to:
-Web 3 structure
-Layer 2 scaling
-Optimistic Rollups
-Zero Knowledge proof.
π 21. Be curious.
This year will be exciting.
I look forward to see the competition.
Especially between newer innovative solutions and older technology that has survived bear markets.
To co-exist or to compete may be our 2022 narrative.
Time will tell.
This year will be exciting.
I look forward to see the competition.
Especially between newer innovative solutions and older technology that has survived bear markets.
To co-exist or to compete may be our 2022 narrative.
Time will tell.
π 22. Stay safe.
As technology advances, the skillset of hackers do.
They will attain as much capital as possible, by hacking software and systems.
Make sure you are not at risk.
Take the property security measures first.
Good luck and may you have a successful 2022 reader.
As technology advances, the skillset of hackers do.
They will attain as much capital as possible, by hacking software and systems.
Make sure you are not at risk.
Take the property security measures first.
Good luck and may you have a successful 2022 reader.
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