Core Maxim of Transforming 50,000 into 3,580,000 in the Crypto World
1. Prioritize Understanding, Reject Blind Following: Do not be a 'news follower'; deeply research project whitepapers, team backgrounds, and technical logic, using knowledge to build barriers for investment decisions.
2. Position is Life, Risk Control is Soul: Never be fully invested or fully out; single asset holding ≤30%, reserve 20% cash to cope with extreme market conditions, strictly enforce stop-loss and take-profit measures.
3. Cycle is King, Patience Wins: Understand the rules of bull and bear market transitions; accumulate assets in bear markets, take profits gradually in bull markets, and avoid frequent operations that deplete principal during consolidation periods.
4. Sensitivity to Trends, Quick In and Out: Capture emerging concepts like DeFi and NFTs; position in potential projects in advance, and decisively withdraw before the market overheats, without greed for the last wave of profit.
5. Independent Thinking, Respect for the Market: Do not be swayed by community emotions, avoid reckless gambling, and remember 'the market always has opportunities'; the safety of principal is the foundation for compound interest!