These are the six iron rules I've summarized about the crypto world; understand them, and you deserve to talk about financial freedom!
Even if you are a newbie just entering the field, even if you are still in losses, after reading this, you can avoid five years of detours!
📈 One, only participate in irreversible upward trends.
The market won't listen to your reasoning; going with the trend is the key.
Better to stay out of the market than to trade without confidence.
What you need to do is identify those directions that even the big players cannot go against: Bitcoin's halving, Ethereum's ecosystem, the main narrative of AI…
🚫 Two, refuse frequent trading.
The market is open 24 hours, but that doesn't mean you should trade every day.
Frequent trading is a trap for retail investors to lose money; true experts wait for that perfect shot like a hunter.
📉 Three, don't be superstitious about technical indicators.
MACD golden cross, KDJ bottom divergence…
They are not buying points, but lagging signals.
The true meaning of the market lies in structure, rhythm, and the behavior of the main players, not in 'formulas'.
💸 Four, forget about the cost price after buying #Crypto
Afraid of stopping losses at a 10% loss? Can't bear to sell at a 20% gain?
This is a gambler's mindset!
Only look at the market, not at profits and losses. Cut losses when the shape breaks, hold when it strengthens; cost is just a psychological burden.
🧊 Five, only trade with money you can afford to lose.
Using credit cards to leverage? Borrowing to trade contracts?
I've seen too many friends end up with nothing after blowing up their accounts.
Participate with spare money, and you have a chance to turn things around.
💰 Six, you must cash out your profits in a timely manner.
Without cashing out, everything is just an illusion.
Many people have millions on paper but have never truly owned it.
Cashing out is a habit, is self-discipline, is the moment you walk out of the casino.
🧠 These six iron rules are the underlying logic I summarized after countless losses and a turnaround in the crypto world over ten years.
The comment section welcomes you to share which rule you agree with the most? Or, what pitfalls have you encountered? Let's avoid pitfalls and make big money together!
