This one mistake I've made in crypto
And it's not understanding the four year cycle.
Crypto works in four years. There's a Bitcoin halving event and there's always a cycle top and a cycle bottom. Last cycle, I didn't sell everything I was supposed to sell, and as we experienced the bear market, it was very difficult for me to generate capital, which led to a lot of poverty and a lot of pain and a lot of hardship.
People make the claim that they're just going to hold their cryptocurrency no matter what. But what if your cryptocurrency drops 90%?
None of you are going to be able to withstand that, especially if you have no other income. If you don't have any money on the outside that has nothing to do with crypto, the chances of you selling at the wrong time are extremely high.
Just like retail has cycles like in the winter, they do well and in the summer, they do bad. You have to understand that crypto also has cycles and make enough money to last the bear market, right?
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