Thread by @ImmaculateEdwi1

TIPS TO BUILD YOUR DEFI RESEARCH SKILLS AND GROWING YOUR CONVICTION WITHOUT NEEDING CASH.

People do ask questions on how to perfect their research skills, too scared of buy projects they did researched on...
@bloomstarbms @zayzay0_
#PeachesAcademy #DeFi #NFTsales
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and prefer taking signals or buying coins shilled by others despite their good research skills.

It's one thing to "KNOW" and it's another thing to "DO" hence the saying KNOWLEDGEABLE BROKE MAN by @TheEwansEffect

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Most DeFi enthusiasts do not trust their own research, they lack the conviction to do so, will rather buy into random calls without proper research.

More reason I keep reiterating on the saying "learn how to fish rather than collecting fish" my students can relate better 😂

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Enough of the talk, now let's get into it.

Gotten all the needed knowledge in Defi what next?
Talking from a personal standpoint yeah..
After gaining DeFi knowledge, I practiced for couple of months carefully studying trends,news, sentiments et all..before actively trading
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For you to build your defi research skills you should first and foremost..
(1) Believe in yourselve: until you believe in your abilities then will you grow the conviction to trust in your research outcomes. So many of us are very good in what we do but lack the boldness to..
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practically do what we know... Reasons may be discretionary...

(2) Practice! Practice!! Practice!!!
After learning defi, nfts have you tried practicing what you learnt? Yeah I understand some may not have funds, But then what other ways to utilities that requires no funds.
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Not to worry, cryptocurrency data aggregators like coinmarketcap and coingecko have sections where you can buy and sell cryptocurrency for free and literally track your portfolio real time

App is helpful to practice on Cryptocurrencies researched on,while evaluating your.
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progress and how good you're becoming.

Randomly research on any coin, buy and see if the price will go up, may have a target day of 12hours, days, weeks or thereabouts
Doing this consistently will help you assess how far you are going.

STEPS:
Very simply go to coin gecko:
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a. search for token of choice
b. tap on portfolio menu
c Add portfolio
d. input buy amount
e. save
f. done.

looking for where to get coins to research on? The app have categories to access some chains projects and other categories.
Thread on where to get GEM 💎 next 🤔
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(3) CONSISTENCY: constant practice will build your skills, subconsciously you become more good, vast and better at what you do. Consistency they say brings proven results.

(4) PATIENCE: be patient and enjoy the process.

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(5) Access to knowledgeable people: nobody knows it all, gain access to people who are good in what they do, this is to learn from their experiences and strategies

You can get any information you need out there but individual trading and research experience are different

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Someone said she had more than 4 paid defi tutors,cause she wanted to gain Access to learn from our successes and failures.

(5) Communities and Relationships: the role of community and valuable relationships cannot be overemphasized. it's important for personal building..
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it's creates an avenue to share new ideas in various crypto aspects with different people with diverse know-how.

Good luck out there✨

A follow,like,tag, commen, retweet will be priceless and will boost my morale for more threads 😁.