In the cryptocurrency world, only those who can survive are the true champions!!! Only those who can survive are the true champions. #CryptocurrencyKnowledge
First Rule: Capital First! Always remember, preserving your capital is the key to surviving in this market. Saying it three times isn't enough! Many people only think about making money while ignoring the risks, and end up getting taught a lesson by the market.
Second Rule: Don't be greedy, earn steadily. Slow is fast. In fact, as long as you are not greedy, making money is not difficult; stable and small profits are more reliable.
Third Rule: Diversify investments, invest in combinations, leave room in your positions, and follow the trend. Never go all-in; once the market reverses, you lose your escape route.
Fourth Rule: Do not heavily invest; never buy coins in a downtrend, do not operate frequently, and do not chase after rising and falling prices. These are good habits that leave room for retreat.
Fifth Rule: Buy slowly, accumulate in stages during sideways movement, and buy gradually. Sell decisively; when you reach your target price, sell immediately.
Sixth Rule: Money can never be finished, but you can lose it all. Don't think about eating all the profits; the market can slap you back at any moment.
Seventh Rule: Opportunities are always there; if the fundamentals of a coin change significantly and are detrimental to its development, you should stop loss immediately. Not stopping loss may lead you to lose everything overnight.
Eighth Rule: If doing long-term investing, you should view it on a weekly basis; if doing ultra-long-term investing, you should view it on a monthly basis. If the trend reverses and is in a downtrend, you should take profits for safety. What you have is the most stable; don't be greedy thinking the market will keep going forever.
Ninth Rule: The market will always have extremes. This will never change; do not fantasize that the trend will not reverse.
Tenth Rule: Do not trade without opportunities. Missing opportunities is normal; capturing a part is enough, do not think you can get it all.
Eleventh Rule: Waiting for opportunities is always better than looking for them. Patience is the greatest weapon of a winner.
Twelfth Rule: Once you reach your target, stop; energy is limited! Don't think about earning endlessly in a day; once you complete your goal, take a break.
#Stocks
Thirteenth Rule: Stop loss is your responsibility, profits are the market's gift. Don't get it mixed up; the market owes you nothing.
#Bitcoin
Fourteenth Rule: Money is earned through waiting, not through frequent trading. Don't think about making 100 trades in a day; real profits come from waiting.
