You want to truly make it in this game, you have to understand this.
No one talks about this enough.
And as the bull run rages, projects pop up everywhere and the FOMO is unreal...
It is so easy to disregard this rule.
The most important thing to focus on is not apeing into too many projects.
And you must go Quality > Quantity.
For many reasons:
1. So much easier to track
2. You can go bigger in each one
3. Much easier to deeply understand what you hold
4. Protects you from being scammed and rugged hard
Now, I'm not saying to not take new opportunities, but you must keep them to a minimum.
Again, quality > quantity.
If you end up apeing into every new shiny project that launches and is being shilled, you will be spread so thin and totally lose focus on what you hold and where.
And you just will not sell them. Another thing most dont realise is that once you buy a bag, it becomes so hard to sell it because...
What if it goes up afterwards? And if you are buying so many bags, your size is small.
If your size is small, you just wont sell them.
It is best to only buy something if you are as sure as possible that you can hold it whilst it has time to appreciate in value.
Otherwise, you will be bag holding 50 bags worth hardly anything, and you will never sell any of them.
Keep your portfolio small, with decent size(for you) in each one, and only full of high conviction plays.
This way you have a small enough portfolio to manage, and decent enough size in each one that you are happy to gradually sell 10% here and there as the bull run rages, and you wont feel like you're missing out.
Check your port now...
Are you holding more than 10 tokens? If so, do you really need them all?
Are there a few lesser convictions? Rotate those into the high convictions, and leave yourself some stables for new opportunities that look really good.
Quality > Quantity.
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