End of the Crypto Market?

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Avatar for xuanling11
1 year ago

The market has crashed 🔥! Or has it 🤔? 

Many people wonder where the bottom will be and how far the market bottom can reach😨? 

The internet is filled with conspiracy theories about how $Luna has been manipulated and crashed on purpose, eventually dragging down the price of Bitcoin and the crypto market 😭. 

https://twitter.com/NFTklondike/status/1524441098596536320

Or maybe it is just a cat secret society 😸 that exists that we have never known?

https://twitter.com/ApooTaro_/status/1524517088362123265

Let's me share some of my mental floss and heal your thoughts ❤️‍🩹. 

1️⃣ Never Trade More than You Can Afford

https://twitter.com/kmoney_69/status/1524459243188883456

Keep in mind that crypto is as speculative as it can be. Try to put your money somewhere if you do not plan to store your money in the crypto for the next five years.

2️⃣ Don't Chase the Leader

https://twitter.com/TerraBitesPod/status/1524229263469293570

https://twitter.com/stablekwon/status/1405742195345293313

There is no leader in crypto. Instead, it is a decentralized place whole with self-taught gurus. 

3️⃣ Opinion is Not Financial Advice

https://twitter.com/pedroexplore1/status/1524216974611517443

Try to verify the statement. If you do not understand, you do not want your emotions to control your decisions.

4️⃣ Never Time the Market

https://twitter.com/cryptospacetv/status/1523705472317935616

The market is always unpredictable. With your limited time researching and limited income resources, it will be harder to beat the market. So instead, try to buy whenever you have an extra left and a lotto ticket.  

5️⃣Don't Hurt Yourself

https://twitter.com/BeeCryptoGirl/status/1524363682947694592

Don't beat yourself too hard and try to make an overnight success. Lost money can be recovered, but lost lives can not.

🤝 Try these five tips instead

1️⃣ Building Instead of Getting

https://twitter.com/GadzhiIman/status/1520851215994793985

Build your wealth slowly rather than getting rich quickly. 

Do not make yourself dependable on the crypto.

2️⃣ Keep Learning

https://twitter.com/bobbybanzai/status/1493939959128113157

Keep learning crypto and educate yourself to prevent scams and misconceptions.

3️⃣ Don't Try to Become an Alpha Trader

https://twitter.com/AltcoinPsycho/status/1508549216410681344

No one always wins. Do not be illusionary. Try to become real and face yourself when you make mistakes.

4️⃣ Take a Long Bet

https://twitter.com/Route2FI/status/1503002477267861504

The difference between crypto and gambling is that crypto can take longer to recover, while gambling cannot recover from the loss.

Try to play the long game.

5️⃣ Be Patience! 

https://twitter.com/Cov_duk/status/1517976623961702400

There is a long way to go, and you need to wait.

https://twitter.com/xuanling11/status/1524202797419311104


Be mindful and thoughtful 🙇‍♂️. WAGMI! 


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