In the past 9 years, I have interacted with over 10,000 investors, but fewer than 10 have truly achieved financial freedom... I finally figured out the reason.
What is the most heart-wrenching phrase in this market? "You will never earn money beyond your understanding."
I have been struggling in the secondary market for a full 9 years, interacting with more than 10,000 investors! But do you know? Fewer than 10 people have truly achieved financial freedom! The success rate is less than 1%, where does the problem lie?
It’s simple: it’s not because of poor skills, it’s not due to insufficient funds, but because the understanding does not match the desire, and the execution power does not match the plan.
I also came from being a "small retail investor": transitioning from the stock market to the cryptocurrency market, facing liquidation, being cut, losing my mind, and even wanting to quit at one point, but in the end, I persevered!
These 15 points are what I have summarized from countless failures, and I suggest you save them, review them, and reflect on them repeatedly!
15 Survival Rules for Navigating Cycles in the Cryptocurrency Market:
1️⃣ Capital First: It's okay to miss opportunities, but losing all your capital means no more chances.
2️⃣ Avoid Greed and Seek Stability: Getting rich quickly is an illusion; surviving is the real skill.
3️⃣ Diversify for Safety: Always keep 20% cash on hand for emergencies; you need bullets when the market turns.
4️⃣ Strictly Follow Discipline: Don’t chase highs, don’t bottom-fish, don’t follow the crowd.
5️⃣ Know When to Enter and Exit: Accumulate during sideways markets, set profit targets, and don’t fall in love with trades.
6️⃣ Respect Risks: Market money is endless, but losing your capital just once can break your heart.
7️⃣ Decisive Stop Loss: Leave when things go bad, don’t hesitate; dragging things out is the most fatal.
8️⃣ Go with the Trend: Look at weekly trends; going against the trend will only get you slapped.
9️⃣ Beware of Extremes: After wild swings, there’s always a big reversal.
🔟 Better to Have Nothing Than to Have Wrong: If you don’t understand, stay out; don’t act rashly, making mistakes is the most expensive.
1️⃣1️⃣ Patience Wins: Making money isn’t about speed; it’s about accuracy and waiting.
1️⃣2️⃣ Know When to Stop: Once you reach your target, take it; don’t be greedy and gamble again.
1️⃣3️⃣ Stop Loss as Fundamental: Every stop loss is a lifesaver.
1️⃣4️⃣ Don’t Fall in Love with Profits: Take the gains and go; don’t fantasize about "the next double."
1️⃣5️⃣ Think Long and Walk Steady: In a bull market, it’s about holding; in a bear market, surviving gives you a chance for the next round.
In these 9 years, I’ve seen too many people become wealthy overnight only to lose everything overnight.
The only type of people who make money consistently in the long term are those with high understanding, strict rules, stable systems, and ruthless execution!
