Making Thousands in Crypto Right Now is Easy


Apologies for those of you who have gotten used to my more expository essays. This post is going to be short and sweet

Things Not to Do

Please don't chase moon shots. You will lose so much money. This is not the way. Also, please, for the love of all things good, do not take financial advice from these trending youtubers, Instagram and Twitter personalities. They have all sorts of financial incentives to taut one or another coin whether it's paid promotion or worse, that it's a crap coin and they're hemorrhaging money. 

 

Things I'd Do Under Almost Any Financially Stable Situation

Good alt coins are just better than fiat right now, period. If one were to pick a handful of, say, 2 to 4 of the best coin options in the top 30 by market cap, they'll very likely make lots of money over the next 5 years. Probably thousands if they're middle class and are willing to be disciplined about it, or working class and are looking to grind hard. 


So here's what you do: set two budgets, a bull budget and a bear budget. Note: the bull budget should be smaller than the bear budget.

When you're in a bull run,  watch week by week and if there are any dips that are more than a few percent, jump on it. Don't beat yourself up if it continues to drop, you can't time the market. You can always double down if you caught it at what ends up being the middle of a dip. 

When you're in a bear market, wait for the bleeding to slow. It doesn't need to stop. You'll start to see the buying-to-selling ratio improve. There's a long valley and then a burst of life (like today! Those of you already on this strategy know what I'm talking about, haha) 

 

How Can it Possibly Be that Easy?

The consistency of this coming true over the last 5 years is nothing short of astonishing, and adoption is only accelerating. It really is that simple. The writing is on the wall, you just need to read it!

Okay but which ones? Picking is the hardest bit

As always, I need to be clear that I am not a finance expert, just a reasonably smart guy who has been paying attention for a few years now and diligently studying trends. Please do not take this as formal financial advise, but if you want to know what I think, here's where my portfolio is at:

Cardano (ADA) and Cosmos (ATOM) are simply musts in my opinion, especially Cardano because of how dramatically and mind-numbingly undervalued it is by the community. If you want to get spicy and diversify a bit, Polygon (MATIC) and Solana (SOL) are also pretty safe bets that may have better or worse futures depending on which way the future of the movement goes.

I also find myself often holding minor positions in Bitcoin and Ethereum, but that has less to do with my desire to invest in those coins and more to do with their level of adoption at this point in time.

 

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OnlySocks
OnlySocks

Yale Philosopher and Crypto Enthusiast


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The old guard keeps telling us that crypto is a classic example of a market bubble, and that it's about to burst But what we're witnessing is a revolution which can only be described by the market, and is not circumscribed by it. The next class shift is fueled by crypto, and it's poised to tear down their whole world

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