Hey, guys! Just entering the cryptocurrency world, are you often fantasizing about catching a hundredfold coin and becoming rich overnight? 💸
But let me give you a piece of advice: surviving in this circle is the real deal!
I've organized the life-saving rules that experienced players secretly use, newbies make sure to take note 👇
🚨 First Rule: Stop-loss is your lifeline!
▪️ You must set a 3% stop-loss line! If you lose 3% of total funds, cut your losses immediately
▪️ Don't be like those who suffered in the Luna disaster! From $100 to $0.0001
▪️ Remember: Money can be earned again, holding on stubbornly will only lead to tears 😭
💡 Awareness determines the thickness of your wallet!
▪️ Only invest in what you understand! Bitcoin and Ethereum are the safe zones
▪️ Don't let altcoins exceed 20% of your portfolio! Don't gamble like a degenerate
▪️ When others say "just go for it," ask yourself first: What’s the reason for this coin to rise?
🧮 Money management formula (highlight this!)
✔️ Total holdings ≤ 30%, keep 70% in cash for buying the dip during crashes
✔️ Individual coin ≤ 5% position, don't get wiped out by "meme coins"
✔️ Profit-taking plan: Sell half at 50% rise, sell another half at 100%
▪️ Look at the example of Dogecoin: Someone had 5 million without taking profits, ended up with only 200,000 when exiting 😱
📝 Trading rules help you avoid pitfalls!
✓ Only choose coins in the top 50 by market cap, steer clear of garbage projects
✓ Buy in batches after a 10% drop, don’t chase highs and become a bag holder
✓ Stop after 3 consecutive losses! Take a week off to calm down
▪️ Immediately exit all signal groups! Block all KOL (Key Opinion Leaders) posts 👀
💰 Compounding is the key to wealth!
▪️ Annualized 30%, turns into 13 times in 10 years; annualized 50%, turns into 57 times!
▪️ But the premise is: maximum loss ≤ 15%, only use profits to increase positions
▪️ Many who earned 500% in DeFi mining lost everything in 2023 😢
Finally, remember these 9 words:
Don't be greedy! Don't leverage! Don't show off!
There are no myths in the crypto world, only those who strictly execute the rules
First learn to protect your principal, then talk about making money ~
Newbies, make sure to save this, and avoid years of detours!