Nearly a decade in Crypto – This ain’t a shill post, just some lessons from an old chimp

I fancied a little cleanse from all the overt chat GPT shill posts you see on here so I thought I’d write up something different.

So here goes! 8 years in crypto starting in 2017 with some Bitcoin buys and with plenty of highs and lows along the way! I am not a millionaire, I am a self-proclaimed retarded chimp, but I’ve had a great few years and had great experiences being able to treat myself to a lot with the money I earnt from crypto throughout that time.

🌟 Tips from this ‘tard:

1. Don’t bother swing trading – The wallets that perform best statistically are cold wallets from dead people and people in prison. Almost everyone has their stories of mistakes made from selling early. Mine was selling bitcoin at 20k after it’s initial pump. Statistically you will do better if you have conviction to buy, accumulate and hold in coins where you see real potential. This is what I’ve been doing with the projects I’m backing this cycle and I’ve continue to have success with it.
2. If you are going to bother trading.. (because lets face it we’re degenerate gamblers) : watch a coin for a few days and see how it responds to sell pressure. If it recovers quickly from significant dips then it can be a decent bet to jump on the next time you see a dip as it may bounce back quickly for an easy profit. Set some price alerts so you can buy/sell at certain markers, and stick to them. Even so I’d still recommend holding over selling if you actually value the project (and they have shown that resilience).
3. Be aware that if you’re a big wallet you will get flagged by projects when swing trading, and your activity will get monitored. Being a dick and swing trading projects constantly means people will actively work against you. This is why I recommend a more well-rounded approach of committing to projects you like and DCA’ing in and out. Take gradual profits at milestones that you pre-plan in advance.
4. If you’re blindly looking for the moonshot and picking coins out randomly in hope, then you’re going to learn some harsh lessons, cause the market is rigged. When you see a coin that goes up 1000% in a day, you are looking at market manipulation and insider trading. It’s not a bunch of geniuses that figured out the formula for x1000. It’s coordinated buys/sells from a group of insiders, tacked on with a few lucky people that bought on the way up and will likely get rekt in the future anyway.
5. Crypto trading is fueled by greed and fear, 2 emotions that are very intense and hard to reign in. When you’re trading is fueled by either of these you’re about to get rekt brother. So touch grass instead and come back with a level head. Emotions aren’t helpful to these decisions.
6. I believe NFT’s will come good this cycle as people look to represent their meme coin projects. We are already seeing cult-like devotion going on all over the place. NFT’s really lends themselves to the current sentiment in meme coins, people want to show their devotion and represent/show off the projects that they are involved it.

I’ve had DM’s about how to identify projects early for gains, so I’ll tell you what I’ve been doing the past 6-8 months in different meme coin projects. I feel this method has been very effective in picking out great potential early!

🔍 Look for:

1. Community-centric coins. (Active TG, voice chats, clear road maps, giveaways and charity)
2. Talented and experienced individuals in the team covering important positions such as art, tech, marketing, social media etc.
3. Teams with genuine individuals that act as LEADERS in the project.
4. Coins with gradual growth that respond positively to any dips.

At the end of the day it’s so often the community and the team that are the key factors in whether a project is successful or not. A coin can have a fantastic road map with lots of exciting ideas, but if the community isn’t committed or the team can’t be trusted, then it’s meaningless. The community is built through the foundations of a trustworthy and dependable team of leaders.

Red Flags:

1. Projects that use AI art, stock images, or very lazy/copied art. These are very often rug pulls and pump’n’dumps
2. Projects that pump high in short periods of time- do not buy the top you’ll be used as exit liquidity
3. Devs that have a track record of rug pulling. They are out there. DYOR on the projects devs and do it well.

If you like the way this degenerate ape talks, feel free to DM me and I’ll answer questions and openly discuss projects that I’m involved in. There are projects and coins that I have gotten involved in early and done very well by holding. Currently I see a lot of potential in a few newcomers to the scene and I’m happy to share these if people value my opinion on it. If you want to DM me and specifically join a project I’m involved it I’m sure they’d be happy to have you.

If anyone gives a damn about this post I expect there’ll be some raiding/shilling in the comments. All I’ll say is best of luck in whatever you choose to do! I’ll give my 2 cents in the comments also.

I’ll also try to reply to all DM’s 🙂

-Z