The first iron rule of the crypto world: Live long to earn big!
I am a veteran who stubbornly held through 94 in 2013, mined YFI in 2020, and ran away at the peak in 2021. Here are 8 life-saving rules that new traders should follow to avoid 90% of pitfalls:
Position Management
Always keep 30% in USDT, only buy BTC+ETH with 60%
If BTC breaks its previous high? Immediately withdraw 10% profit into a cold wallet!
Project Selection
Is the founder's real name known? Is the code updated daily? Are the top 3 addresses holding over 70%? Run!
Is it on a certain exchange's watchlist? Extra points!
Is the economic model too complex? Don't touch it!
Take Profit and Stop Loss
If an altcoin gains 50% → withdraw the principal! Profit for a hundredfold
If it falls below the 7-day moving average → cut it! Don't believe the nonsense of value investing
Bull market doomsday signal
If any of the following occur, run immediately:
USDT negative premium for 3 days
Bitcoin hash rate plummets
Massive BTC deposits to exchanges
Act immediately!
Buy a hardware wallet to transfer assets
Write down the conditions for liquidating in a memo
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Stick to it for 3 months, come back to show your account! Do you believe it? In the crypto world, turning 10,000 into 1 million may only require one right celebration. Follow me to crush the market with insights! $BTC #韭菜的自我修养