📈 A veteran's bloody summary of the crypto world! 8 survival rules to help you avoid 99% of the pitfalls💥
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1. 💡 Don’t be a 'hyperactive player'!
The crypto world is a 'rotation monster', the coins in your hand may just be 'not their time to shine' ~ Frequent coin swapping = working for the exchange, be patient and wait for the cycle, maybe the next surge will be your coin!
2. 🚨 When even the neighborhood aunties are talking about a certain coin…
Run fast!!! When a coin suddenly becomes so popular that it's 'everyone's topic', it's 90% likely a whale is 'blowing the horn to find someone to take over' 🚨 There might still be a chance to breathe in a bull market, but falling in a bear market is really hard to recover from😭
3. ❌ Beware of '100x coin MLM talk'!
If someone tells you 'this coin must increase 1000 times', just blacklist them! If there really was such a magical coin, they would have already secretly hoarded it in the basement, why would they be shouting about it everywhere? Even if you got it, with daily fluctuations of 30%, are you sure you can hold on? (99% of people will get shaken out)
4. 🧠 While others Fomo, I stay calm!
When your social circle is full of 'buy whatever increases', first do the math: can you bear the loss if you enter now? If the risk outweighs the reward, it's better to miss out than to force it! Protecting your principal is the only way to survive to the next spring in the crypto world🌱
5. 🔥 Bull market + contracts = giving money to the whales!
Don’t be tempted by short-term fluctuations! A bull market may seem to rise fast, but in reality, whales love to 'spike and liquidate', those 90% win-rate indicators might all be traps 🕳️ I've seen too many people earn 10 times, only to lose it all in one contract…
6. 🐻 Surviving a bear market = making easy money in a bull market!
Remember: coins that can withstand a bear market will eventually soar in a bull market! The essence of a bull market is 'broad-based increases', as long as your coin is not a scam coin, holding on will naturally take you to the next cycle 🚀
7. 💰 Capital allocation is key!
- For over 100,000: don’t touch contracts! Hold onto mainstream coins like BTC/ETH, making 10 times in a bull market is not hard;
- For under 100,000: you can play altcoins, but remember 'the late bull market is the time for altcoins to explode', rushing in now is like sending your head to the slaughter 😤
8. 🏃♀️ Escaping at the bull market peak is more important than making money!
Making money in a bull market is not a skill, being able to decisively retreat when 'everyone is shouting to push the top' is what makes a tough person! The speed of asset shrinkage when turning from bull to bear is faster than you think; I've seen too many people go from earning 1 million to losing 500,000, greed is the beginning of loss 💔
