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THE SUMMIT POST
#3 - Crypto education and quality breaks
Marco Johanning
Hello everyone!
Welcome to the third edition of my newsletter! Every Saturday I’ll be sending out a quick newsletter on how to master crypto. I write about mindset, trends and analysis.
Today, I focus on two very important basics: How to improve your crypto education and the importance of quality breaks.
Sounds easy: “Buy low, sell high”
Education is the key to profit
Most people fail to achieve consistent profits in crypto. But it’s not that hard.
It all starts with the realization that you don't need the mythical 100x gem to make a fortune. Two 20x coins can turn a $10k investment into a million dollars.
Sound too good to be true? Well, it's not.
The key lies in minimizing risk. Always take out your initial investment after a few Xs (that’s why you need more than two 10x to turn 10k into 1M).
DCA in and DCA out. Don’t chase tops or bottoms; focus on consistency.
Now, you might be wondering how to identify those "20x" coins. Don’t get into trading futures or memecoins right away. Instead, master the spot market, generate consistent profits, and try leveraged trading or memeseason opportunities later.
The key to consistent success is to seek out role models who have already achieved what you aspire to. Twitter is a treasure trove of insights, but beware of influencers who hype and dump coins.
That’s why I've curated this list of trusted mentors who share valuable expertise in technical and fundamental analysis, trends, and general education.
Technical & fundamental analysis
@rektcapital
@WClementeIII
@tedtalksmacro
@WifeyAlpha
@DrProfitCrypto
@MacnBTC
Trends and general education
@crypthoem
@IamZeroIka
@milesdeutscher
@DeFiMinty
Business and mindset
@NFT_GOD
@JamesClear
@thejustinwelsh
@GregLunt27
@ZssBecker
Invest in your knowledge, take notes, and develop a personalized strategy aligned with your goals.
If you're serious about capitalizing on the next bull run, stay focused, be consistent, and never stop learning.
Feel free to reach out to me on Twitter, if you have any questions!
Tweet spotlight
Sad story. Bad for crypto.
The fact that BitBoy has given this guy a platform and YOU guys have put 1500 $ETH into a pre-sale that goes straight to this “trust me bro” wallet is why we deserve more pain.
Unbelievable. $2.7mill+ sent straight to this guys wallet.
Send them to jail with SBF.
— hoeem (@crypthoem)
2:27 PM • May 13, 2023
Quality breaks lead to quality work
It's crucial to recognize the value of quality breaks.
Last week started off well, but suddenly I found myself dissatisfied and burnt out. I felt like I couldn't accomplish everything I had set out to do within my limited time. It was time to analyze my work approach.
Moments of respite allow us to recharge, rejuvenate, and return to work with renewed vigor. Taking time away from our tasks may seem counterintuitive, but it is in these moments that our minds find clarity and our creativity flourishes.
We must never forget the importance of our relationships with friends and family. They are our pillars of support.
They provide us with the necessary balance and perspective to tackle challenges and seize opportunities with a clear mind and an open heart.
So, as you embark on your journey towards your goals, remember to prioritize quality breaks and cherish the time spent with those who matter most.
With my best regards and wishes, I hope you have a wonderful weekend.
Marco Johanning
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And if you have any questions, I’d happy to help. Just reach out to me on Twitter.
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