Why does BTC keep reaching new highs while you are losing money? The key lies in the following 9 iron rules:
1. Avoid FOMO
Don’t get envious when prices skyrocket, avoid the impulse to chase highs.
2. New Standard for Value Judgment
Only recognize buying points, not coins! Major buying points are truly high-performing, everything else is garbage.
3. Fatal Mentality Issues
Are you still itching to buy even when you know it’s not a buying point? This gambler’s mentality will not help, even if you master the technicals.
4. Ironclad Trading Principles
Abandon coin faith, only trust buying and selling signal points! Both rises and falls are tools.
5. Failure Review Principles
Don’t blame the market for operational errors! Summarize immediately where you went wrong, or you’ll lose everything.
6. Mindset Advancement Formula
Relying purely on luck is like giving away money! Only technical judgments backed by wisdom provide solid profit potential.
7. Wolfish Trading Philosophy
The amount of capital doesn’t matter! Accurate timing in buying and selling allows even small funds to become predators.
8. Financial Management Red Lines
Don’t get carried away in trading! Always having cash on hand means there will always be opportunities; chasing highs and cutting losses will lead to disaster.
9. The Truth of Market Survival
Making money by luck is poison! If you don’t transform and adapt to the rules, you will ultimately be consumed by the market.
The cryptocurrency space is hellishly risky! Strictly adhere to the above iron rules to protect your principal amidst the storm, or you will eventually become a sacrifice to the market!