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Zeneca đ©
@zen
(1/3) For people feeling the pangs of FOMO and regret watching everyone around them make gen wealth on random meme coins: Youâre seeing the vast minority of people on your timeline, survivorship bias is skewing your perception, and most people are not gonna make 7 figures from crypto this cycle âŠ
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Zeneca đ©
@zen
(2/3) If you work really hard and grind 18hrs a day and get a little lucky you can absolutely turn almost nothing into millions in this space - itâs one of the glorious things about crypto But most people wonât do that. Most people will get rekt trying.
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Zeneca đ©
@zen
(3/3) The best strategy for most people is the boring strategy of buying and holding decent coins, even decent meme coins, and not chasing the highest risk fresh coins on the daily The hardest part of doing this is resisting the emotional pangs of what ifs and if onlysâŠ
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Zeneca đ©
@zen
(4/3?) If you think youâre the exception to the rule, you really might be. Carry on and do your thing. If you donât think youâre the exception to the rule, donât try to be.
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Samuel
@samuellhuber.eth
I moved the rest of my Degen that I didn't take profits on to my cold wallet for that exact reason. Knowing I am a dev and not trader has me take profits, not worry and grind being a dev. Long term hold the rest and be happy with what I have. being happy with what one has is the acutal key though. greed leads to ruin
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Fantasticđ©
@fantastic
Always appreciate your wisdom. How about a thread on risk management via position sizing to protect your bank roll? Gotta be some correlation from your poker days.
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Jerry-d đđœđ©đâ
@jerry-d
âŠand 4 of 3 did it for me. Good advice for the many who zig zag throughout life on an unending FOMO bender. Thanks Zeneca đ 100 $DEGEN
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