The Ultimate #Crypto Playbook🏆: Maximize Your Crypto Earnings and Minimize Your Risks!
This assumes you've read all of the previous threads. A lot of it can be hard to accept. Particularly if you're coming from a fan club #crypto project. You may have even gotten this far and be thinking, "This can't be true!" 
"My project will do X; it will solve a Y problem that will be big in the future because Z," "I'm in this for the long term." "Not short-term gains," "people get wrecked when they don't HODL." Most people in #crypto start out falling for this stuff.
They mix up a good project and a good investment, or a good technology and a good investment. You might think, "But the project with the best technology is surely the best investment." No.
Does having good technology help?
Does having good technology help?
Sure, but only insofar as that helps the narrative that makes people buy. But what makes money is what sells the best. #Crypto is a game of marketing and sales. You need to go over this next part until you fully understand it
#Crypto tokens are not driven by demand. The token's utility is not being used by companies or users. Someone will say, "But there's going to be huge demand." Stop. We are here right now, in 2022, not in the future. What matters is now.
The majority of the volume is people or groups speculatively buying tokens to sell at a higher price. Have you ever wondered why your "solid tech" token just sits there doing nothing while your friend's degen junk did 50X? Its simple.
The "masses" of #crypto saw the opportunity of his degen play and decided that was where the gains were. Maybe they never saw yours. They may never have understood why it would go up. The majority of crypto #investors are greedy jerks who don't understand the technology.
They are just normal people who see buzzwords or get easily shilled with "tech BS" and buy something.
This is the problem with your "solid tech" approach. It doesn't matter if it's "solid technology" if the people who need to buy it to cause a price increase don't see it as an opportunity.
If you are from a technology background, you can be at a serious disadvantage in crypto.
Why?
because you will consider what technology is the most advanced. #Crypto doesn't work like that because the majority of buyers aren't investors and we are in a speculative era.
Why?
because you will consider what technology is the most advanced. #Crypto doesn't work like that because the majority of buyers aren't investors and we are in a speculative era.
Your objective in #crypto is to invest in projects that those people will buy. not a minority of tech-savvy experts. Someone in a "tech fan club group" might tell you that you should stick to long-term "solid tech" projects for the long term.
The problem with that is that you're leaving it to chance and the issues I've raised about how you don't know whether it will make it or its adoption-era price. You'll probably spend years waiting for gains that may never come.
There are occasions where one of these "tech fan club" projects does huge Xs because it happens to pick up some people who know how to shill. Other "tech fan club" projects then use this as evidence that the "#HODL the best tech" strategy is the way to go.
It isn't because the majority of these never make it.
So how does the tech fit in?
I'll go over this in detail throughout the thread, but in summary, it's about "tech fundamentals" that either look good to those people OR tech like #blockchain platforms, whose adoption...
So how does the tech fit in?
I'll go over this in detail throughout the thread, but in summary, it's about "tech fundamentals" that either look good to those people OR tech like #blockchain platforms, whose adoption...
...and price increases occur as ecosystems entice those "degens." #Crypto is a game of bullsh*t designed to get people to buy.
Believe NOTHING.
Believe NOTHING.
As far as you're concerned, it's all speculation and promises. Everyone in this space is a used car salesman pitching you.
Do not believe anything.
Take in the information, sure.
Use it if need be. But don't believe it.
Do not believe anything.
Take in the information, sure.
Use it if need be. But don't believe it.
Give @TraderL1z a follow if you've gotten value so far!
Stay ahead of the game by following me! My next thread is packed with valuable insights and strategies that will take your #trading and #crypto skills to the next level.
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