Rules for Survival in the Cryptocurrency World

Only those who can survive are the true champions.

Rule 1: Principal First! Always remember that preserving your principal is the key to survival in this market. Saying it three times isn't enough! Many people only think about making money, but ignore the risks, and end up being taught a lesson by the market.

Rule 2: Don't be greedy, earn steadily. Slow is fast. In fact, as long as you aren't greedy, making money isn't hard; stable small profits are more reliable.

Rule 3: Diversify your investments, combine investments, and leave room in your positions to go with the trend. Never go all in; once the market reverses, you lose your exit strategy.

Rule 4: Buy slowly, accumulate by buying in batches during sideways markets. Sell decisively; once you reach your target price, sell immediately.

Rule 5: Money can’t be made endlessly, but it can be lost completely. Don’t think about taking all the profits; the market can slap you back at any time.

Rule 6: If you're investing for the long term, view it on a weekly basis; for ultra-long-term investments, view it on a monthly basis. If a trend reverses and enters a downward channel, it’s time to take profits. What you have in hand is the safest; don’t be greedy thinking the market can keep going forever.

Rule 7: Don’t trade if there’s no opportunity. Missing opportunities is normal; capturing a part of them is enough—don’t think you can get it all.

Rule 8: Stop when you reach your goals; energy is limited! Don’t think about earning continuously in one day; rest once you achieve your target.

Rule 9: Stop-loss is your responsibility; profits are the market's gift. Don’t get it mixed up; the market owes you nothing.

Rule 10: Desire can ruin your mindset; execution can save you. Stick strictly to your trading strategy; don’t let emotions lead you astray—strive for unity of knowledge and action!

These rules seem simple, but they are hard to execute. Only those who can truly follow them can become the ultimate winners!