Filter the Noise
In crypto, noise is everywhere. Signals are flying around, screenshots of “perfect entries” appear nonstop, people claim they caught exact tops and bottoms, and opinions flood X, Telegram and Discord. If you are not careful, all that noise will destroy your clarity.
The truth is simple:
Every one of us entered crypto to make money.
Some of us have made money, lost money, made money again and repeated that cycle. Through all of that, we learned what works and what does not. One of the biggest lessons is:
You must actively filter the noise.
Personally, I muted many accounts on X and Telegram.
I also left several Discord servers.
They were moving too fast, too noisy and too chaotic.
So during a period like this when the market bleeds, ask yourself:
What are you doing to filter the noise?
Are you muting accounts?
Are you stepping out of noisy groups?
If I can give one piece of advice right now, it is this:
Preserve your capital.
In this market, the most important skill you can develop is capital preservation. Most of us came into crypto and active trading because we like the possibility of 50 percent, 100 percent or even 1000 percent gains that crypto has offered in past cycles. But if you do not protect your capital, you will not stay in the game long enough to benefit from those opportunities. You will simply donate your money to the market and leave.
So follow these rules:
- Decide how much you are willing to lose before entering a trade.
- Always use risk management and stop losses.
- Take profit early and often.
For me, the third rule is the most important one, even more important than stop losses. Watching an investment go from 100k to 5k is painful and it wrecks your mindset.
Posted Using INLEO
I feel risk management is also one of those underated skills in this space, emotions cloud reason and people ape in full port trying to force their expectations into reality. I try to visit X only once a day, spend an hour and then bounce.
Emotions are our worst enemy