Today Deezy gives advice from 2 top analysts. Miles Deutscher and Warren Buffett! These 5 tips will SAVE YOUR PORTFOLIO!
➡️ Use Code DC10 to get 10% off Arculus Wallet –
➡️ Houdini Swap – The Best Way To Swap Coins –
➡️Join this channel to get access to perks:
https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g/join
➡️Come trade with us on Blofin, where whales are made:
https://partner.blofin.com/d/DiscoverCrypto
📲 Follow the OFFICIAL Discover Crypto Socials:
Twitter (X):
Tik Tok:
📚 Learn more about crypto ➡️
➡️Join the Discord:
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Our videos are sponsored & include affiliate content. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
#bitcoin #crypto
If you don't take these five steps right Now your portfolio is going to go to Zero we're looking at a lot of craziness In the markets right now and Miles doer Just put out another Banger of a thread This very morning and I have a breakdown For you the five tips and then Dez's Analysis on this plus we're going to tie It back to Warren Buffett everybody so Here he said if yesterday scared the Piss out of you you're making a few Major investing mistakes it's okay to Make them once but don't do it again These are the five rules you must follow To avoid getting wrecked and losing your Hard-earned money that you put into this Crypto market so number one always set Inv validations that's kind of a weird Thing to say and it doesn't really make A lot of sense off the top of your head But when you buy a coin always have an Invalidation Clause meaning if it no Longer is the reason you bought Something it might be the reason you Need to sell something so if you bought Bitcoin because it's the digital store Of gold and it's just the one of the Best secured networks in the entire Planet if it lost those two narratives Maybe you wouldn't want to buy Bitcoin Now I don't think Bitcoin will ever be Replaced as digital gold but just using That as an example and say salana meme Season would be another example you're
Buying salana cuz all the attention is There all the memes are there and then People quit posting about memes would Have been a good time to get out of Salana you could have got out at $200 And then rebot in at $111 like we did now miles has a quick Example if Bitcoin breaks 60k he'll sell 30% of his position but Warren Buffett Has a really really good invalidation Quote here truly great business must Have an enduring moat that protects Excellent returns on invested capital And if you ask what does a MO mean in Business it's a competitive advantage or Your ability to maintain your market Share and profits by protecting yourself From competitors an example would be Cocacola they have Fountain drinks all Over the place they have a system in Place for Distributing their syrup they Have a good moat because all the ties in With movie theaters McDonald's what have You and so it's basically protection From competitors another example would Be the Google Play Store on your Android Device but now let's go to tip number Two and we're going to roll through and Number five is probably the scariest Quote uh when I show you what they're Talking about you're going to say is This Warren Buffett guy kind of evil Everybody and mil's tip is if you're Going to do risk do it at the start of a
Move not the end it's impossible to know How long a move will last but generally Speaking If You Smell Smoke there's Likely fire and it will correspond with A technical breakdown and so essentially It is just saying sell early it's worth Losing 5% to protect against a 50% draw Down what does Warren Buffett have to Say rule number one never lose money Rule number two never forget rule number One all right let's quickly roll into Number three here number three keep a Decent chunk of your portfolio in stable Coins this is something I did not listen To this recent dip I didn't have enough Stable coins on the sidelines wasn't Able to make a big a move as I wanted if You're bullish in crypto in the mid to Long term this might be counterintuitive But shouldn't you be all in no why Because on dips you won't have the dry Powder to maximize these opportunities What does Warren Buffett have to say Cash combined with courage in a time of Crisis is priceless he also said always Be liquid this is from his letter to Shareholders in 208 we're almost talking About over 15 years here I have pledged To you the rating agencies and myself to Always run it with more than ample cash We never want to count on the kindness Of strangers in order to meet tomorrow's Obligations when forced to choose I will Not trade even a night's sleep for the
Chance of extra profit so you can see Right there always be liquid everybody Let's roll into number four here don't Hold too many altcoin positions this is Something I am very guilty of I have way Too many cnts cardano Native tokens I Might need to consolidate that I'll do a Video if I do and tell you what I sold But over diversification is detrimental As it lowers your chances of Outperformance by holding 30 altcoins What you're doing is creating an altcoin Index but the bigger issue is with Holding too many comes during the major Dips how can you manage 30 positions During a crash he thinks 10 to 20 assets Is The Sweet Spot you can even make the Argument for 5 to 10 10 high conviction Positions as well I definitely have more Than 10 I have less than 50 I definitely Have too many altcoins and I I'll go Ahead and say 1520 probably is The Sweet Spot I like to have a few players in a Few different Industries on a few Different chains and trust me folks I Know those numbers can Skyrocket pretty Quickly next thing you know hey I have 100 altcoins and if you're wondering What does the Oracle of Omaha have to Say on this well awesome awesome advice Here the more you trade the more you Underperform and here's his letter to The share holders 2005 now we're almost Two decades ago long ago Newton gave us
Three laws of motions was the work of Genius but it didn't extend to investing He lost his entire stack in the south Sea bubble I don't know if he had Bitcoin then he explained later I can Calculate the movement of the stars but Not the madness of men if he had not Been traumatized by this loss hey he Might not have gone to discover the Fourth law of motion for investors as a Whole returns decrease as motion Increases is just a fantastic quote to Live off of now let's go to number five And I said this is a scary one this one Makes me think this is waren even a nice Guy I thought he was like a nice Grandpa Now I'm not so sure buy when there's Blood on the streets this is actually a Famous quote from this guy right here Buy when there's blood on the streets Even if the blood is your own uh I look In his eyes and you probably a nice guy There uh big shakeouts are a wealth Transfer event from the foolish to The Savvy the experienced players lick their Lips when there's opportunity to buy Fear I love this write up from 2008 I'll Go ahead and pause here anybody want to Read that you can go ahead and zoom in But folks Warren Buffett has fantastic Advice here as well this is where I'm Saying he sounds almost Cutthroat and Ruthless the best time to buy a company Is when it's in trouble he takes it
Another step further best thing to Happen to us is when a great company Gets into temporary trouble we want to Buy them when they're on the operating Table this is a far from a nice Grandpa He said this back last Millennium so This is Timeless advice from Warren Buffett and Miles deutser like I said He's always making the best threads on X But folks if you don't take these steps Your portfolio could get wrecked so I'm Just here trying to protect your Investments cuz folks we've been calling The bottoms we've been calling the tops We're in a trade right now we're about 636 per looks like I maybe lost about uh Yeah 7% down we're still over 600% in Profit on this trade and so I use these Tools to identify the bottom I wish I Had more cash on the sidelines I can't Get it right every time and I'm Dey and I'll see you in your birkshire Hathaway Stock maybe at the top