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vhictorry
@vhictorry
I've been in the DeFi space for years and I have witnessed different seasons—both the bull run and the bear seasons, losing money and making more money as well. I know the market has been volatile and all, but here are simple ways to stay ahead, especially during this bull run: ➻ Believe deeply in the industry you log into every day and weather the volatility, knowing you don't get extraordinary returns without several large drawdowns. ➻ Always take profit. Be entirely skeptical of everything and trade with a very clear, defined system. But remember, you're not the Dev. ➻ Buy the rumors and sell the news. 90% of traders do the exact opposite. For example, after the much-anticipated @durov speech at Token2049, the $TON price dumped below -30%. That's why you need to have liquidity and stay active.
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vhictorry
@vhictorry
➻ Be a part of communities. Nothing beats being in a group of like-minded people. It is super effective. Find high-quality Discord, Telegram, or even Twitter groups where you can hear and discuss ideas, ensuring those people won't use you as exit liquidity. ➻ Always leave a moon bag. This perfectly applies to memecoins. After (and if) pulling a 2x on your initial investment, sell 50% of it and leave the other 50% invested. This way, you won't have any potential losses and won't be emotionally attached. If you sold the lows recently and are now thinking of buying back higher, then I'm sad to say you are likely in the category of people that are ngmi.
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vhictorry
@vhictorry
➻ No fear. There will be rough days this bull run. Days when BTC dumps more than 10%, alts more than 20%, and you might start thinking, "It's all over!!" But look at the last cycle: 10%-20% dips were common. Imagine if you panic-sold everything back then! ➻ Get away and restrategize. In the bull run, endlessly staring at charts and prices is counterproductive. You will burn out and get tired. When it gets too much, don't power through. Take a few days off and come back stronger. I hope you found this CAST helpful. Don't forget to like, comment, and recast to help your friends.
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