Livermore's Eight Principles, especially useful in the cryptocurrency space:

1. Counter-cyclical trading. The more FUD (fear, uncertainty, doubt), the more opportunity there may be.

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

3. Chase the leaders. Buy the top performers.

4. Buy in batches. Consider adding more after a price increase.

5. Control emotions; do not gamble.

6. Wait for good opportunities before taking action.

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

8. Run fast. Once something feels wrong, decisively protect your principal or minimize losses.