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If you try to get rich quick you will get rekt quick.
The worst thing you can do in this game is chase hype.
FOMO is the number one destroyer of bags and there will be a lot of people rekt on BSC today because of it.
If you’re going to make money on these you need to be super early and exit fast…. Otherwise you are exit liquidity.
This is why I just don’t fuck with it.
To be a successful investor you have to identify value before the masses, and buy before the hype.
Then, when the hype arrives, you sell, not buy.
If you try to chase you will always lose.
If you are not early you are late.
Buy value
Sell hype
When mania is kicking off on a chain like BNB position yourself into seriously undervalued projects on other chains…
Have patience.
Then wait for the inevitable change of narrative and rotation and scale out when the hype arrives.
FOMO will fuck you faster than you can imagine.
Many will have sold their long term bags to chase fast gains on BSC only to get absolutely fucked.
Don’t be that guy.
Few make money like this, and for that, the many have to lose.