Survival Rules in Cryptocurrency
Whoever can survive is the king.
Next, let me share the 15 most important rules for survival in the cryptocurrency world.
Rule 1: Protect your capital first! Always remember, preserving your capital is the key to survival in this market. Saying it three times is not enough! Many people only think about making 💰 but ignore the risks, resulting in being taught a lesson by the market.
Rule 2: Don't be greedy, trade steadily. Slow is fast. In fact, as long as you are not greedy, making 💰 is not difficult; stable small profits are more reliable.
Rule 3: Diversify investments, invest in combinations, and leave room in your positions to follow the trend. Never go all in; once the market reverses, you will have no way out.
Rule 4: Don't over-invest; never buy coins in a downtrend, avoid frequent operations, and don't chase after rising or falling prices. These are good habits to leave yourself a way out.
Rule 5: Buy slowly, accumulate in batches during sideways movement, and buy gradually. Sell decisively; when you reach your target price, sell immediately.
Rule 6: 💰 cannot be fully turned, but you can lose everything. Don't think about eating all the profits; the market can slap you back at any time.
Rule 7: Opportunities are always there. If the fundamental changes of a coin are significantly adverse to its development, you should stop losses immediately; failing to do so may lead you back to square one overnight.
Rule 8: If you are doing long-term trading, consider it on a weekly basis; if doing ultra-long-term, consider it on a monthly basis. If the trend reverses and falls into a downward channel, it’s safer to take profits. What you have in hand is the most stable; don’t be greedy thinking the market will always go up.
Rule 9: The market will always undergo extremes. This will never change; don’t fantasize that trends won’t reverse.
Rule 10: Don’t trade without opportunities. Missing opportunities is normal; catching a part is enough, don’t think about getting everything.
Article 11: Equal opportunities are always better than finding opportunities. Patience is the greatest weapon of the winner.
Article 12: Stop when you reach your goal, energy is limited! Don't think about making money non-stop in one day, rest after achieving your goals.
Article 13: Stopping losses is your responsibility, profits are the market's gift. Don't get it confused; the market owes you nothing.
Article 14: 💰 is earned by waiting, not by frequent trading. Don't think about turning 100 times in a day; real profits come from waiting.
Article 15: Desire can destroy your mindset, and execution can save you. Strictly follow your trading strategy; don’t be led by emotions, achieve unity of knowledge and action!
These rules seem simple, but they are not easy to execute. Only those who can truly adhere to them can become the final winners!#美国加征关税 #非农就业数据来袭 #币安Alpha上新 #币安钱包TGE #美股代币化