“Never invest all your money in one crypto at once”: trading tips from Web MasterMind blogger

YouTube and Twitter blogger Web MasterMind entered the crypto sector in 2017 — he did it because of curiosity. Now he is an expert in crypto investing, listened to by nearly 75,000 people.

He also shares his top trading rules with buidlbee readers.

“The price of Bitcoin will never drop to zero”

“I entered crypto because of curiosity; there was no aim or expectation when I came to the space. Once I found out what a revolutionary invention Bitcoin is, I just slowly started working with it and earning. And now I can definitely say that if you work in crypto with the right goal and knowledge, all your dreams come true. 

If I could meet a Bitcoin creator, this would be the most memorable moment of my life. First of all, I would like to hug him and thank him for creating blockchain — his invention has changed the lives of many people in the world.

I consider the creator of Bitcoin one of the most intelligent people in the world, and I would like to know more about Bitcoin from him. 

But even from what I already know, I am sure that the price of Bitcoin will never drop to zero. Even a scrap of a newspaper has value, and we are talking about an economic revolution. Today, the daily volume of Bitcoin trade exceeds the financial budget of many countries, so how can it end?”

“The technical knowledge of the trade is the most important thing. But not the only one”

“Those who tell you that it is easy to make money in crypto are wrong. Making money is never easy, and it is even harder in crypto. If you are a beginner, then you should first understand what this technology is about. But your studies don’t end there because you must do research before investing in any project.

It is also essential to understand that there are risks in crypto. That’s why, if you have $100 right now, put this money in crypto only if their sinking does not affect your financial condition. 

When I invest, I usually follow these rules:

1. Never invest all money in one crypto at once.
2. Invest only 30% of your earnings in crypto.
3. Invest 50% in fundamentally strong projects like Bitcoin, Ethereum, etc., and invest them for the long term.
4. Put 30% in spot trade and the rest in futures trade.
5. Make sure to book profits from time to time.”

“Summer will come again in the market soon”

“Ups and downs keep coming in every business or even in our life. If the market goes up only, it will be dull. So I was ready for another fall. We have seen the crypto crashes of 2018 and 2021 and learned a lot from them. So when the Bitcoin market reached $69,000, it was known that now investors will book profits.

In general, I think that winter is not worth fearing. On the contrary, it has many advantages. There are a lot of people who lament that they didn’t find the right time to buy crypto at a low price. It is a good chance for those people.

The crypto market had seen a long bull run when we made money. Now is the time to buy and hold at a lower price. Summer will come again in the market soon.”

“The response of my followers is the biggest earning for me”

When I started crypto, there was not much information on the internet, and I told my friends about all I could find. I thought it was important for people to have the proper knowledge, and it inspired me to write about crypto and make videos on YouTube.

It is still driving me. Though blogging is now my job, I do not do this just for the money. The response of my followers is the biggest earning for me. Today my crypto community is millions, and it continues to grow. That’s huge, especially if I think about the beginning, when it was tough to gain subscribers.

Now people connect very quickly and communicate with me a lot — my topics always depend on the interest of my followers. 

Another advantage of being a blogger and a YouTuber is that projects allow you to invest in the beginning. Often new projects keep approaching for a seed round or private sale. This is an excellent opportunity to make money — and, by the way, it is relevant not only for bloggers 🙂 Follow the events on social networks, and luck will smile on you!”