In the ever-turbulent seas of crypto, where fortunes can change with the blink of an eye, capital management stands as your lighthouse. It's your lifeboat when the waters get rough. Even if you possess top-tier #research skills, remember that nothing is more crucial than safeguarding your capital.

Financial markets, particularly the crypto realm, are a realm of uncertainty. The mightiest empires can crumble overnight. Just look at Luna, 3AC, and FTX. So, develop a capital allocation strategy. I advocate the "Three Bags" approach:

• Safebag: This is the stronghold for stalwarts like $BTC and $ETH.

• Moonbag: Here's where you hold your low-cap gems with the potential for substantial long-term growth.

• Tradebag: This bag is your playground for short-term, high-intensity trading.

Don't forget to keep 10-20% in stablecoins to ride out the storm, whether the market is sailing toward dark shores or sunny horizons. After all, no one can predict the market's exact depths or peaks.

In a world where whispers of hot new projects circulate like wind in the sails, it's tempting to heed the advice of Key Opinion Leaders (KOLs) and the crypto community. However, don't cast off without conducting your research.

Research is your treasure map; it leads you to the heart of the project. It cultivates a deep understanding of what you're investing in and nurtures a sense of responsibility for your investments. This knowledge empowers you to define profit expectations and, most importantly, to hold steadfast when the storms of FUD roll in.

Remember, the key to having Diamond Hands is knowledge. Before you set sail into the crypto waters, ensure you can answer these three questions:

1. What am I investing in?

2. What's my investment timeframe?

3. Where are my buy-in, take-profit, and stop-loss points?

After the tides of a downtrend, over 90% of altcoins are marooned in the abyss, seemingly forever. Only a select few, including $BTC and $ETH, defy gravity and reach new heights. If you're navigating these waters without expert knowledge, anchor your portfolio with $BTC and $ETH; they still hold the promise of returning to safe harbors.

The crypto market is a realm where trends rise like titanic waves, beckoning investors to ride them. Sticking to old trends is like anchoring your ship in shallow waters. Why, you ask?

“ Trend is friend ”

Each trend is a testament to the industry's evolution. It marks a significant milestone in its history. As the industry matures, trends follow suit, erupting in succession and finally settling into stable growth, provided they prove their worth.

Trends require novelty and allure to attract the tide of funds. With old trends, users have seen it all before, so the question becomes: Is it still exciting, or is it just a routine? Unless a trend can rejuvenate itself, making a comeback is an uphill battle.

Market makers are entrepreneurs, and pushing new trends is about reaping profits. Meanwhile, countless newcomers flock to old trend coins, making it challenging for you to secure your profits. So, follow and pioneer new trends, launch fresh projects swiftly, and be a stronger captain of your ship.

In the financial world, it's a game governed by supply and demand, steered by the forces of greed and fear. Remember, protecting your capital is the highest priority. Once you're in profit, start securing your profits to weather the storm.

When someone profits $1,000, somewhere else in the market, another is losing $1,000. Don't be swayed by technology or idolatry into staying at the summit indefinitely. Capital equals opportunity. In an uptrend, opportunities are aplenty.

Leverage trading, both long and short, is the treacherous waters of crypto. It can transform you from an investor into a gambler, ultimately drowning your profits and capital. The colossal falls of 3AC and FTX originated from these perilous waters.

The crypto market is a tributary of the global financial ecosystem. Therefore, understanding macroeconomics and monetary policies is essential for making sound investment decisions.

Currently, the floodgates of money are controlled by the Federal Reserve (FED). Even if you can't navigate the macroeconomic waters, at the very least, grasp the policies of the FED.

Your profits may be in stablecoins, but the sea is vast, and lurking dangers abound. First, there's the risk of stablecoin pegs breaking. Remember UST? It's currently trading around $0.03, a far cry from its supposed "stable" value of $1. The second danger arises when you're overcome by impulses. You may have funds on hand, spot a pump-and-dump wave, and can't resist joining the frenzy, turning your safe haven into treacherous waters.

Always keep your senses sharp and be ready to set sail to safer shores.

I trust this article will be a guiding star for someone - particularly those setting foot in this seemingly boundless sea of crypto 💜💜💜