Cryptocurrency investment rules

1. BE ALIGNED TO YOUR VISION- Only invest or get involved in projects you would want to see succeed even if there was no financial upside for you. Only invest or get involved in projects you are genuinely excited about. 2. PLAY THE LONG GAME- Think about how things will play out with a 5–10 year time horizon. Year-on-year performance trumps week-on-week. 3. LESS IS MORE- Hold and be involved in a few key projects you strongly believe in. Never invest, hold, or get involved ‘just in case'. 4. GET IN EARLY- For the bets that have not gone mainstream yet, the upside can be an order of magnitude higher. One such bet can yield more than 10x or 100x of ‘safe and late’ bets. 5. SIZE CORRECTLY- A new position should be 2–5% of your portfolio. Anything less is not worth the mental bandwidth, anything more is too risky, no matter how much of a ‘sure thing’ it is. Exceptions may occur when eg. a smaller position is used to gain access to a community. 6. ADD VALUE- Do whatever possible to help the projects you are exposed to be successful. It’s much less risky to have a lot of eggs in the same basket as long as you control what happens to that basket. 7. NEVER FOMO- Fear of missing out is never a good reason to invest. Whenever you feel pressured to make a buy, it’s usually a good sign of FOMO being the driving factor in decision-making. Wait it out.