Ten most valuable habits of a crypto investor 

At least once in our lives, many of us found ourselves in difficult situations, lost money and opportunities, and sometimes lost the meaning in life and faith in success, especially in business.

And especially today, against general panic regarding the subsequent fall of the leading cryptocurrencies, when it is important to keep the mind and body in order.

Let’s look at the ten most helpful crypto investor habits to help you stay on course and move towards your goals faster

Always have a strategy and keep it in focus

• This includes understanding your risk profile and following it (if you are a conservative investor and don’t like to take risks, then overdo it with the most stable assets; otherwise, you will not be able to sleep and avoid unnecessary stressful situations).
• What is your ultimate goal? Why are you investing? How? 
• How much can you comfortably lose?

If you have the answers to these questions, you are in control of the situation.

Always have an airbag and keep your cash (especially during hyper-volatile times)

• Remember that an airbag’s peace of mind can save you and your assets from unexpected losses (as if they were expected!);
• The pillow should cover your expenses for 3-6 months. Plus 10-15% on top, taking into account inflation;
• It is essential to keep this money in cash and not invest (even if you want to).

Observe the regime of the day

• It seems nonsense until you start looking at the wall and thinking there is no way out. For a crypto investor, this is especially important because, unlike the stock exchange, crypto never sleeps; there are no days off and rest breaks. You begin to monitor the state of your assets constantly, and then you don’t sleep at night; you don’t go outside again. And this very quickly leads you to burnout and nervous breakdowns.
• Therefore, do not forget about healthy eight-hour sleep, breaks, rest, an elementary meal, and water.

Engage in physical activity

• Walking, running, push-ups and squats are the minimum exercises to keep your heart, organs and mood in good condition for years to come.
• Allocate three times a day for 15 minutes for exercise, and in a month, you will feel not 80 years old but your age.

Develop the habit of saving 10-20% of each income to create your capital

• When you receive the money, set aside 10% for a separate account, so you will not only form capital for yourself but also increase your income; in the future, you will look for new sources already taking into account new “spending” that will make you successful.  

Keep your head and space clean

• Remember: poverty loves disorder. Start your day with a shower and make it a habit to take a few minutes a day to maintain order around you.
• And most importantly, stop polluting your brain with useless information. Unsubscribe from clown bloggers, conspiracy telegram channels and other garbage. Doing this creates unnecessary noise, preventing you from thinking calmly and adequately.

Maintain cash records

• Create a table and enter the movement of your funds there. So you will clearly understand where your money goes and how much comes from.
• Perhaps over time, you will want to change your style of earning and spending and make it more reasonable and conscious.

Diversify

• Always and everything: assets, income, expenses, exchanges, wallets, currencies. The better you lay out the “eggs in different baskets“, the more complete and protected from collapse your portfolio will be. You can survive many drops and drawdowns without losing all your assets.

Buy by ladder, average, even if the price seems very attractive

• Behind the first bottom may be the second. And to own the space to manoeuvre, you need to have a sufficient amount of money.

Targeted actions

• Every step you take (or lack thereof) must make sense. Why are you buying this particular coin? Why don’t you sleep until 6 am? What is the purpose of buying one asset for the whole cutlet? Always keep the goal in mind and understand why you are doing this or that action.

So we looked at the ten most valuable habits of a crypto investor. First, admit to yourself where you sag and improve.

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