A Fond Farewell To The Paper Hands
“Paper hands.” We hear this term a lot in crypto. It has some what of a negative ring to it. It can be off putting or even intimidating to the new crypto investor. To experienced investors they may use the term so frequently they don’t even realize how it can put off someone new to the world of crypto.
Paper hands simply is someone new to crypto. They can be emotionally attached to their crypto. They make rash decisions based on emotions. And when the market crashes they simply panic and sell. But they do that because they don’t know how crypto works and they are not familiar with market psychology.
I’ve said In the past don’t a be a paper hands seller. In reality I should say, before selling your bag what can you do to mitigate your crypto losses? And how can I as an experienced investor help you to become stronger.
I had a great discussion on this topic with the Mods in the ShytoshiWorld Reddit. A great group of individuals who want to change the way people think about their SHIB investments into a more positive light. They are building a community of transparency, positivity, education and fun. And they’d like to welcome all.
So farewell to the “Paper Hands” and hello to the “New Hands.” A person who is new to crypto has new hands in this world. They don’t know how everything works yet. We as Experienced Hands need to help the New Hands.
Going forward I will switch my mindset. Someone does not have Paper Hands they have New Hands. New Hands is a person new to crypto who needs a little guidance and help to navigate the cliffs and oceans of crypto.
To the “New Hands,” To start, what I’d like to say to you is this. Consider everything you put into crypto lost already. Don’t put your savings into it. Use disposable income. Don’t let your emotions get the best of you. Learn all you can in the game to win and mitigate loss. Find communities that are positive that will move you in the right direction. Stay away from negativity and toxic people.
Keep it Lit 🙌🏼💎🚀
Join the conversation on telegram or Reddit.
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Note: do your due diligence. Don’t make financial decisions based on my charts. I’m not a financial adviser. Just a guy with an ukulele who loves crypto. With that own your decisions. I’m not responsible if you get rekt. Crypto is high risk and high rewards. Play at your own risk.