The secret to crypto wealth is embarrassingly simple: buy quality, hold long term, ignore the noise.
Don't get attached to your cost basis. The market doesn't care what you paid.
Never go all in on a single trade. Not because you'll be wrong, but because you might be early.
Capital preservation should be your first priority. Growth is the second. Most people have it backwards.
Wealth in crypto is built by surviving, not by swinging for the fences.
In 2018, everyone said crypto was dead. In 2021, everyone wished they bought in 2018. The pattern repeats.
If you're emotional about a trade, your position is too big.
Stop trying to predict the future. Start preparing for multiple outcomes.
A 50% drop after a 100% gain still leaves you at breakeven. Math doesn't care about your excitement.
Leverage is a tool that makes rich traders richer and poor traders poorer. Know which one you are first.