After all these years, it finally hit me
Probably the most important rule to follow to make money in crypto:
Never marry your bags.
That's literally fucking it.
I wasted 5 years trying to find the next 100x-1000x coin, trying to get into "gems" early then hold onto them to 100x my money
The whole time I should have bought in, waited for a 2x-10x at the most, then gotten out and looked for the next hyped coin to repeat the process
It doesn't matter if you sell at 2x then that coin does a 100x. A hyped coin's price is far more likely to 2x than 100x, and there will always be hyped coins, therefore always chase the 2x between different coins
The only "bags" you should marry is BTC after doing a successful flip, or maybe ETH or a trustworthy stablecoin to hold your profits
My stupid ass wasted so many years before realizing this shit, holy fuck
>literally
Kys zoomer
I’m all in on XRP with a 5 figure stack. I hold nothing else in crypto.
I now pronounce you, Cuck and Bags. You may miss the money goodbye.
Bloody hell. *kiss. I’ll see myself out
I thought it worked but whatever
me too, homosexual shouldn't have corrected himself, what a beta move
Prepare to be cucked
yeah great realization but actually try not to love something that made you 500% and its fucking hard.
I made 80x on something and sold at 40x.
Still love the coin, but will never buy again.
Just buy and hold BTC and ETH, generation wealth.
NEVER.
FUCKING.
SELLING.
Nobody even mentioned LINK in here before your post, yet you felt the need to respond with this so quickly
Very telling
Missing the point. He is looking for a stable consistent strategy of accumulating small gains. I am going all in for a single win. It's all you need.
Telling how? That you're a newhomosexual?
there are still linkie homosexuals who held the bag and took zero profits, they would have made it if they taken some profits and invested in new alt gems, just goes to show you why some people deserve to stay poor, this whole diamond hand/never selling shit is retarded.
I regret holding past 2020. Sergey needs to drown
Funny how you realized the strategy you had was bullshit, yet don't realise that the pump chasing strategy you're shilling for is just as bullshit and will make you lose time on top of this.
I garentee that there's thousands of retards who spent years chasing hypecoins for a quick x2 and are as poor as you are right now.
The problem is that you're not smart enough to find the right projects to pick and hold. It's OK, most people aren't, that's why the snp500 is a thing.
>do what i say because i know better than you and i want you to
No.
there's only one strategy: buy and hold BTC. everything else is gambling. you may make a ton, you may lose a ton. it's gambling. there's no way to know if your shitcoin will 500x or dump 99% after going up 50% in a day.
>dont marry your bags
Ive got a bigger secret for you anon...this is the only way to make money with a business you own.
You need to think of your own bizness as a milk cow and not your baby. Never "love" your bizness, treat it like a rusty tractor that is just there to do a specific job (make you money).
The failure of nearly all small biz owners is the "its my baby / passion" bullshit since it prevents them from ever actually selling what people want to buy....they refuse to ever change their approach because its literally what they love. Whereas looking at it like farm equipment gives you the needed detachment to make appropriate adjustments
Thoughts on IMX anyone?
You sound like someone who just got into crypto last week. I can tell you now you will fuck up this bull. Always takes at least 1 cycle to learn from your mistakes.
All you have to do is get a 2x ten times, problem with this shit is that they all pump at the same time basically.
/
I target low marketcap shitcoins and just try to hit the ones with liquidity over $20k.
If they care that much, they care a little.
Toss it $5, pull it out. If it isn't a Honeypot, toss $200 at it.
Wait a day and pull.
You'll never even be around when it rugs. Just a blip on the screen.
Low mcap shitcoins last a couple hours nowadays if you're lucky. I remember back in the day you could wait a week before getting rugged
Oof you boomers had it rough
> pay $50+ in fees to throw $200 at a shitcoin
Never selling = never profiting
It’s immature, shows a complete lack of understanding about what an investment is
At that point, go buy a security blanket to cling to
>buy ETH at $9
>sell at $90
>it keeps going to $1400
I have held all my bags ever since.
I Diamond Hands all my investments
I'm not walking away with 5 figures and missing out on 9
One in the hand is worth two in the bush. Those are words to love by.
Take what you've got while you've got it. Take small amounts of profit as it goes up. Set trailing stop losses. Then move on to the next thing. Maybe buy back in when it goes really low for a small amount of what you made and hold it in the hope that it will 100-1000x. But again, if you get a 10-20x. Take what you are given.
>$50 - $100 - $200 - $400 - $600 - $1200
Seems pretty slow going OP, you're right that you can't 100-1000x every time but it's more important to build a proper strategy and study the coins you invest in, pull out your original investment at some point and leave the rest to accumulate. Or don't, it sounds like you're pretty retarded and can't work a basic strategy.
>$50
>$100
>$200
>$400
>$600
>$1200
......nigga, the math ain't mathing
sneed
Your fucking forgetting that it takes money in order to gamble on shitcoins that have good chances of going to zero.