Learned that MyShell is about to publish the patronage system, which is basically like investing in early stage startup or App development. I guess my journey of investing in AI Apps are finally getting started soon. I find it worth-sharing my previous lesson learned on investing crypto market, so that when the patronage system is online people don't go panic or crazy.
CONVICTION: In the world of crypto, success often favors those with conviction. Those who truly believe in their investments, cling to them, and understand their long-term potential are the ones who typically reap financial rewards. Conversely, those who chase quick profits, who rely on daily technical analysis, and who speculate for fast gains are often the ones who suffer losses. The key to winning big in crypto lies in a long-term perspective.
FAIL HELPS: True understanding comes from repeated failures. In this complex and unfamiliar market, making money is not straightforward without adequate skills, resources, and technology. Hence, it's essential to respect the market, tread cautiously, and continually hone your ability to interpret information. This approach can lead to gradual, sustained profits.
BE HUMBLE: Many early investors in cryptocurrencies may have initially made money by chance. However, just as easily, they often lose money due to their own limitations. Therefore, it's important not to rest on past investment laurels, as previous successes hold little weight in the ever-changing and unpredictable crypto landscape.
What kind of existence is it in your eyes?
After all, bro, failure's the mother of success.