Here are 21 life principles I always follow, which have helped shape me to achieve success and become the person I am today.
I hope they will help you too:
1.Don’t forget to revoke approvals regularly
One exploit can ruin your port
2.Don’t neglect your health and connections
Money can be printed but time is finite
3.Don’t trade if you went through a big loss
Too many emotions that can affect your decision making
4.Don’t feel that you need to trade because of FOMO
High frequency trading is the killer of edge
5.Don’t obsess over price action
The more you look the more you doubt yourself
6.Don’t double dip on underperformers
What underperforms in good times might perform worse in bad times
7.Don’t follow the same strategy when conditions change
What works in the bull probably won’t in the bear
8.Don’t bag hold and justify it through tech
Price action is more honest than fundamentals
- Don’t listen blindly to advice from others
If you can’t think for yourself you shouldn’t be here
- Don’t take a position without having an invalidation
Crypto isn’t all or nothing. Risk management is crucial
-
Don’t buy at resistance unless there is high demand
-
Don’t lock your tokens without a plan
In most cases, I was better off holding the asset
- Don’t flaunt your wealth after making it
The market humbles the overconfident
- Don’t take every trade that is decent
Look for great trades
- Don’t compare gains to others
You are only competing with yourself
- Don’t be stubborn
The market is the boss. If you go against it you will probably lose
-
Don’t make it in one trade
-
Don’t download anything from anyone online
If you need to make sure it’s 100% legit -
Don’t hold on to your losses and hope you make it back
-
Don’t look to make it solely through trading
Trading your way through riches without any income is playing the game on hard mode
- Don’t look to recoup losses by taking more risk
What’s lost is lost