The world we live in is turning into one big degen casino. It is enticing to be on the sidelines seeing people post about their gains and seemingly making you feel like you missed out only to shill you some pump and dump that later plummets. My friends, like the plague, you need to avoid the urge to gamble and learn the principles for building a good financial future by investing.

Look, I am all for fun. I don’t want to be a party pooper. But if you are sitting around, hoping and praying that your meme coins or random sports bets are going to make you rich off one trade, you are in for a rude awakening.

Here at Digital Whale Club, we are crypto experts and focus mainly on this space over traditional stocks or things like sports gambling. While we do have a traditional stock portfolio, we keep it very simple by only owning index funds. This tried and true method may not make the crazy gains you see on meme coins but it is simple, effective, and easier to make money.

With that being said, the crypto bull run seems to be creeping right around the corner and the one sector we see always catching the attention of the masses is the meme coins. I want you, the reader, to leave this post to understand the building blocks that it takes to truly be a good investor rather than being a degenerate gambling addict trying to make everything in one go.

You’re Playing a Losing Game

You do not have an edge in the meme coin space. Trading and gambling in general is a losing game that most people should not be playing. Good gamblers, while not entirely emotionless, understand risk/reward better than regular people trying to swing for the fences on these random shit coins.

Just read this Reddit post below.

https://www.reddit.com/r/solana/s/7B3PZeE8dY

People are misled to believe that all meme coins are made equal. What you see on Twitter and Reddit are the winners and not the miles of bodies that lay to rest from the sector.

While the strategy I use is less “fun” it works. The way I have invested my money has created a great foundation for me in my early twenties that I would not trade for the world. Even if I lost it all, I would know how to get it back because I learned the necessary skills for good money management.

When you take the right steps over a long enough period of time and build that foundation you can afford to throw gambles in places where return can be crazy. Shoot and who knows, maybe you find yourself lucky. Most of the time, those lucky breaks happen when you do not need them… it is some weird law of the Universe or something like that.

Until you are at that point the best thing you can do is to find ways to build a diversified portfolio while still being high enough on the risk curve so that you can find those asymmetric bets.

What you are really chasing here is asymmetry. Outsized returns with small investments. Asymmetry is possible in almost all sectors of tech investing. Whether it is stock investing, trading securities, or finding hidden gems in the crypto space.

In a lot of ways, people feel late to the game and want to catch up in one go. Being an intelligent investor calls you to be more financially literate and to be right when spotting trends before the market does. yes, meme coins can fall into this category but choosing poorly in this sector leads to horrible outcomes in most cases, so what do you do?

Here is What I Do [Not Financial Advice]

1. I study markets and buy stocks or coins that are in promising sectors of the market (Gaming, AI, L2) and learn as much about this sector as possible

2. [Crypto] I play around with new projects that come out. Crypto is the only place in the world where I can get airdrops, I find ways to get as many of these liquidity events attached to my wallet as possible.

3. [Crypto] I do not go too far outside of my comfort zone for risks. While I do take risks and make large bets from time to time, I find myself being more calculated with what I am doing and focusing more on airdrop farming rather than trading my way to millions.

4. [Stocks] I have stock accounts that automatically take money from my bank accounts and put them into ETFs in sectors I love or see huge potential in. I do not pick individual stocks.

5. [Online Business] While I am learning and being more active in crypto, I am working my butt off to get businesses off the ground. The following strategy has worked for me for years and resulted in me finding some lucky breaks specifically with airdrops and being early to large cap coins.

I worked for a Venture Capital firm at one point in my life and they taught me the most amazing thing about managing money and making investments. I made a PowerPoint on this topic going over the Investment Strategies that literal Billionaires taught me. Please check this out. It is 20 minutes long but well worth the watch.

Fast money Won’t Solve Your Problems

Brothers and sisters, making money fast will not solve the problems you are trying to optimize for. Look, even if you do find yourself on the lucky end of the stick and do make a ton of money, chances are you are going to fumble it in some way because you don’t know how to handle it in the first place.

Being smart with money and making it slower over time is the only way you need to approach investing, this is the future you are trying to build. We are not trying to optimize for small moments. It is very easy to find yourself comparing yourself when you see all the success stories with gambling on meme coins but there is a dark side to this.

People lose their minds and even worse, lose their hard-earned money gambling on these stupid coins. At the end of the day, everyone here is an adult and can make their own decisions but the likelihood you win the PvP match that goes on in crypto is slim to none.

Investing Without Gambling

Investing without gambling involves adopting a disciplined and strategic approach to managing your investments, a focus on minimizing risks (or managing risk in general), while still aiming to achieve long-term growth. I have adopted a handful of principles that I live by:

• Research and Doing Diligence: You need to always research and do your homework on things that involve money. I will not blindly follow anyone.

• Invest With a Longer Time Horizon: The longer term I think, the better. Thinking long-term is an edge in itself, it has allowed me to cut through the noise and be mellow-headed in the storm.

• Avoiding Emotional Investments: Emotional decisions always lead to losses. They most commonly happen if you feel like you missed something, sold too early, or got in late. There are always more opportunities, move on to the next at-bat. You don’t need to hit a homer every time. If you get a couple of base hits eventually you will have a homer and achieve your desired result.

• Staying Informed & Building Networks of Quality Information: I am brutal about who I trust when it comes to making decisions about my money. I have at least 7 trusted resources where I can gather information from to make decisions and I always verify for myself.

• Question My Thesis and Try to Find Holes: You need to always see if your worldview is accurate. Things change all the time and what once was may not be tomorrow.

• Having Clear Systems & Goals: The reason I say systems here is because systems that you build out are executed on certain conditions. The goalpost can always be moved especially when greed is added into the mix. I have a handful of rules that I live by but one of those is selling half when I have 100% returns (or a double).

My Experience With Both Trading & Investing

There was a time in my college life when I was so fixated on trying to make as much money as soon as possible by trading in the market. For me this was in college.

I studied Economics and found myself in a lot of high-level finance classes. I used trading the little money I had as a way to learn the things I was learning in class firsthand. I thought I cracked the code. But little did I know that I was playing myself the entire time.

After enough losing and enough videos from YouTube, I changed my approach and started building principles to invest the cash that I had accumulated through working my humble serving job. Little did I know that this approach [from short-term optimized to long-term focused growth] would then lead me to be really right on things like Bitcoin, Ethereum, and NFTs. I even tried pitching the investment firm I mentioned I worked for on buying Bitcoin below $10,000 in 2021.

All this experience and all the lessons I had along the way made me a better all-around investor. I hope this article inspired you in some way.

https://www.reddit.com/r/CryptoCurrency/s/SUYApxdlEa