Eight principles of Livermore, particularly useful in the cryptocurrency space:

1. Contrarian approach. The more FUD, the more opportunities there might be.

2. Follow the trend. Be less active in bear markets, and go all out in bull markets.

3. Chase the leaders. Buy the frontrunners.

4. Buy in batches. Consider adding when prices rise.

5. Control emotions and avoid gambling.

6. Wait for good opportunities before taking action.

7. Determine direction based on the path of least resistance.

8. Run fast. Once something feels off, be resolute in preserving your capital or minimizing losses.