I started with 1 SOL (100$) one year ago and now I am well over 10k SOL (170,000$).
How I did that? There is a few simple rules which helped me a lot and would help to everyone.
1. Scared money never makes money. I know everyone say that but 99% of the degens takes W or L too fast. You and your time worth more than a few dollars.
2. Number two related to rule number one. In order to not paperhand or take losses all at once you must buy at least 2-3 NFTs. And if you can’t afford that then just don’t buy. Simple.
3. Don’t hold NFTs for longer than 1-2 months. Let me explain, if you don’t have much liquidity and you want to build up your portfolio, you must play for short-mid term. The more liquidity you have the easier to build your portfolio. In my journey I was a flipper, yes, I don’t mind saying that. I never held things for ever and it paid off.
4. Don’t take FA from anyone. Every single call/alpha you see on your timeline, take it as thoughts and try to figure it out if it worth the buy. If you’re blind aping into others plays you’re just NGMI. Trust me.
5. Be very picky with your buys. In my journey I can bet I aped much less projects than all of the bozos on twitter. There is no problem with aping only once at month or even not aping at all. The thing is that you MUST ape hard. It’s all about convictions.
6. Don’t fade your gut feelings. I been trading for a year now and I can say this is the best tool you can ever make. And ofc, you can’t trust your gut feelings if you have less than 3-6 months of trading. You must live the market for a time period in order to trade with your gut feelings. Don’t forget that.
7. You have to show up everyday. It’s like when you play Video game and you stop playing for a week. What would happen? You get worse. Yes, trading is all about skills. For me trading is like a video game and everyday I try to get better and better. So don’t stop the grind.
8. Find the first mover. But how can I find it? Show up everyday. Same thing as rule number 7, it’s required skills. Here is an advise form me, If you don’t like showing up everyday and it feels boring or just headache, it’s not the place for you. You’re just simply can’t make it without enjoying what you do. My first 3 months in web3 I was afraid to invest my only 100$ (1 SOL) but I literally kept showing up more than most degens. Why? Cuz it interested me how people can actually make money from trading and how they know what to buy & when. I enjoyed my journey which made it much easier for me.
9. The last rule is one of the most if not the most important. Build connections. Connections helped me a lot, since day one in web3 I’ve started my twitter. I knew this is the best thing I could possibly do in order to grow fast. As I said before I haven’t invested a single penny in my first 3 months, but I kept showing up and build my connections, that’s what makes you special than others.
I’m not different than you. I’m just some random dude on the fking internet. I’ve worked my ass off for my bags and if I did it, EVERYONE CAN.
If you found this tweet any helpful please leave a like and retweet.
See you in the next one 🫶.
You survived LUNA
You survived FTX
You survived 3AC
You survived BlockFi, Voyager & Celsius
You survived China banning Bitcoin
You survived the USDC de-peg
You survived SVB and Silvergate
You will survive the SEC lawsuits too.