CRYPTO COMMANDMENTS

[Leebarnes]

Good guidance this commandments  will guide us thru the world of crypto

[Carat]

2. Only invest what you can afford to lose, and be okay with the fact that you might lose it all.

Gold words! You should always remember them and everything will be fine!

[ComeBack]

Nice list of commandments  I really like the 9th comm. It will really going to teach some lesson to everyone!

[PreshB]

In this volatile crypto market, many have gone insane already. I'm lucky enough to have read these guides that kept me sane even during the crypto bloodbaths. I think many will also benefit from reading them.



1. Commit yourself to becoming an expert in all aspects of cryptocurrency (mining, fundamental & technical analysis, etc.)

2. Only invest what you can afford to lose, and be okay with the fact that you might lose it all.

3. Learn/Experience altcoin bubbles & herd behavior. Remove your emotions from the process.

4. You can't be correct 100% of the time. Expect to lose sometimes. It's about optimizing your percentages, not perfection.

5. Always keep your mind set on the end goal (no more salary/slavery) and focus on how to achieve that.

6. Become a master of reviewing altcoins, learn how to spot a scam so that its almost instant when you look at a shitcoin.

7. Diversify into as many quality altcoins as you can. That way you can experience market bubbles thousands of times over. If you hold all the coins and accumulated them for cheap, you've lowered your risk and win every time there's pump.

8. You must understand the time dimension. All losses/profits are temporary until you've made the trade. All altcoins are related but on their own market cycle. Most of your coins are winners but u need the patience to wait for the right time to make each trade.

9. HODL until moon or grave. Store your top cryptocurrencies for long term gains. You need strong hands to hodl through shakeouts.

10. Find or create a group of like minded individuals to share your research and investment ideas with.

Wow, this is lovely. I will copy this and save it  for future usage, God bless you

[bettyhill]

Wow these are strong commandments.
The punishment for ignoring these commandments are immediate and and really terrible.
Thanks for the insight it was quite helpful. It would be nice to abide by them in the crypto world. Truth be told, the crypto world can be crazy at times thus, we need rules to maintain a sane mind.

[Abusadeeq6]

This is enough to built courage of any Crypto enthusiasts,, nice commandments that many will obey

[Zed0X]

Thank you for the appreciation and welcome everyone. Best to apply and share to friends if possible. The crypto market is still young and we need to educate more people.

[Zed0X]

At times like this, it might be good to read this again especially those who have no idea what they're gonna do. Remind yourself.

[Nate11]

I really do appreciate that you dropped this hints.
It is highly educative and informative.
Will apply it to my crypto dealings henceforth.
Thanks