After 10 years of trading coins, I have gone from being deeply in debt to being very wealthy, and I have learned 9 rules of the crypto world. The content is not extensive but highly valuable. Today I share them with you; if you understand a few of these rules, things will get smoother.
1. Capital management: Act according to your means, diversify risks
Focus on holding one coin within 100,000: When funds are limited, concentrate on holding a single promising coin, and conduct in-depth research on its fundamentals and technical aspects.
With 200,000 to 300,000, play with two coins: When funds are slightly more, you can diversify into two coins to reduce the risk of a single coin.
Within 500,000, three to four coins are enough: When funds increase further, hold at most three to four coins to avoid excessive diversification.