Key insights

• ⏸️ Hold spot (actual coins) and chill instead of frequently trading or getting into everything
• 🐻➡️🚀 Get over bear market trauma and accept buying higher as the new reality
• 📈🔍 Stay engaged with the market and pay attention to new opportunities and trends
• 🏆💰 Focus on winners in the market and let go of underperforming assets
• 💹🚀 Opportunities for intergenerational wealth in crypto during the market cycle
• 💰⚠️ Allot only a small percentage of your portfolio to super risky meme coins to manage risk
• 🚫📈 Newbies should avoid high leverage trading, overtrading, and chasing FOMO
• 🚫📈🧘 Avoid buying mega pumps and extreme market highs, Exercise patience and emotional control

Q&A

• What caution should be exercised in crypto trading during a bull run?

  It's crucial to avoid chasing mega pumps, exercise patience, and control emotions. Selling and taking profits before the market downturn is advised to prevent losses.

• What advice is given to crypto trading beginners?

  Newbies should avoid high leverage trading, overtrading, and chasing FOMO. Successful traders are patient, make few trades, and avoid falling for the gamblers' fallacy. It's important to exercise caution when considering leveraging, and avoid getting caught in the fear of missing out (FOMO) mentality.

• How should one manage risk in crypto trading?

  To manage risk, allocate only a small fraction of the portfolio to super risky meme coins. It's important to avoid overexposure, mid curving, and leverage unless experienced. Consider emerging trends like AI and understand the financial representation of internet culture. Caution should be exercised with leverage, and it should only be used if experienced in the market.

• Are there opportunities for intergenerational wealth in the current crypto market cycle?

  Yes, opportunities for intergenerational wealth exist in the current crypto market cycle. It's important to stay updated with new opportunities, including airdrops, gaming, AI, and NFTs. It's advisable to manage risk, avoid chasing immediate riches, and consider the 18-month wealth opportunity in crypto. Joining the New Wealth MCH Master newsletter can provide updates on these opportunities.

• How should one approach opportunities and winners in crypto trading?

  Stay open to opportunities, focus on market winners, and stay engaged with the market. Avoid being blinded by missed chances and underperforming assets. Look for potential winners for investment and stay updated with new opportunities and trends in the market.

• What is the recommended approach for crypto trading during a bull run?

  Hold actual coins and avoid over-trading or getting into every opportunity. Get over past bear market trauma and accept buying higher as the new reality. Recognize that the big accumulation period has ended and waiting for bear market prices may sideline you throughout the bull market cycle.

• 00:00 The crypto bull run is hot, but 90% of people are likely to make mistakes. Hold spot (actual coins) and chill, don't get into everything. Get over past bear market trauma and understand that buying higher is the new reality.
• 02:41 Stay open to opportunities, focus on winners, and stay engaged with the market for success in crypto trading. Don't let missed chances blind you from current opportunities.
• 05:11 Opportunities to make intergenerational wealth in crypto exist in this market cycle. Stay updated with new opportunities, including airdrops, gaming, AI, and NFTs. Manage risk and don't chase immediate riches. Consider the 18-month wealth opportunity in crypto and join the New Wealth MCH Master newsletter for updates.
• 08:01 Manage risk by allotting only a small percentage of your portfolio to super risky meme coins. Avoid overexposure, mid curving, and leverage unless experienced. Consider trends like AI and understand the financial representation of internet culture.
• 10:42 Newbies should avoid high leverage trading, overtrading, and chasing FOMO. Successful traders are patient, make few trades, and avoid falling for the gamblers' fallacy.
• 13:11 Don't chase mega pumps, be patient and control your emotions. Remember to sell and take profits before the market downturn.