In the crypto circle, 90% of retail investors fail due to 'counter-trend operations' and 'not understanding the rules.' Some people hold onto Bitcoin as it drops from 30,000 to 10,000, still insisting on 'it will rebound soon'; there are also those who frequently switch coins in a bull market, missing out on 10x opportunities. Today, I present the 13 'survival iron rules' that have been tested through countless people's blood and tears, understanding them can at least save you 500,000.

1. First, see through the 'true nature of bull and bear markets.'

(1) Don't blindly switch coins in a bull market.

In last year's bull market, a fan made a profit by holding Ethereum from 2,000 to 3,000, but then switched to altcoins because they heard 'XX coin can rise 10 times.' As a result, Ethereum rose to 4,000 while altcoins fell by 30%. The core of a bull market is to 'hold onto the main line'; frequently switching coins will only make you miss the fattest profits.

(2) Don't hold onto coins tightly in a bear market.

In the 2018 bear market, some people held onto EOS as it dropped from 100 to 5 without selling, citing 'value investment,' but after the bull market started, they sold EOS at 15, missing the subsequent rise to 50. In a bear market, holding onto coins must consider the value of the coins; the more you hold onto junk coins, the more you lose, while holding quality coins until the bull market starts is real skill.

2. Breakdown of the practical use of the 13 iron rules, each corresponding to an operation.

(1) 'High volume sees high prices, low volume has no price.'

Last year, Bitcoin rose to 69,000, and the trading volume hit a historic high. I immediately reminded my fans to reduce their positions. A huge volume appeared, indicating that 'the last batch of people chasing highs has entered the market.' As expected, it later plummeted to 30,000. Conversely, in 2023, Bitcoin fell to 15,000 with sluggish trading volume. At this time, don't panic and cut losses; 'low volume' is often the darkness before dawn, and afterwards, a rebound is welcomed.

(2) 'Do not declare a top in a bull market, nor a bottom in a bear market.'

In the 2021 bull market, Ethereum rose from 1,000 to 4,000, and some people shouted 'it can reach 10,000,' but it actually rose to 4,800. In a bull market, don't easily guess the top; when the trend is there, just hold. In the bear market, Bitcoin fell from 69,000 to 30,000, and some people shouted 'it will drop to 10,000,' but it fell to 15,000 and rebounded, so don't easily try to catch the bottom in a bear market; the bottom is something that emerges, not something that can be guessed.

(3) 'Do not chase after a big rise for three days, do not sell after a big drop for three days.'

A certain coin rose 20% for three consecutive days. If you chase it at this time, you are likely to be buying the top; after a big rise, there is often a pullback. Conversely, if it falls 15% for three consecutive days, don't be anxious to cut losses; it may be the last drop, wait for stability before operating.

(4) 'Coins that surge with high volume at the bottom should be given special attention.'

At the beginning of this year, SOL rose from 10 dollars to 15 dollars, and the trading volume tripled. I reminded my fans to pay attention, and it later rose to 30 dollars. A volume increase at the bottom indicates that funds are entering, which may be a starting signal.

(5) 'Be cautious when a huge volume is released at a relatively high position.'

Last year, when BNB rose to 600 dollars and the trading volume suddenly increased, I advised my fans to reduce their positions, and it ended up dropping to 200 dollars. A huge volume at a high position means either the big players are unloading or retail investors are chasing highs; regardless of which, it's best to run first.

These iron rules are not just motivational sayings; they are 'pitfall avoidance guides' verified with real money. The core of making money in the crypto circle is 'follow the trend + maintain discipline.' When the trend is there, use the iron rules to protect profits; when the trend is gone, use the iron rules to avoid risks.

If you are always losing money by 'chasing highs and cutting lows' and 'frequently switching coins,' write down the 13 iron rules and refer to them before trading. Follow Su Xiaowan for more breakdowns of 'bull-bear conversion signals' and 'main force trading methods,' helping everyone transform from 'being harvested chives' to 'meat hunters'! #币圈