In the crypto world, surviving is the king

I have been through the crypto space for many years and have seen too many stories of "getting rich overnight, going to zero in an instant." In the end, trading cryptocurrencies is not about who makes money fast, but who lasts the longest.

Today, I would like to share my 15 survival rules for the crypto world, follow them, and you will at least be able to live longer than most people.

1. Principal First

Protecting your principal is your only bottom line for surviving in the market. Without capital, you don’t even have the qualification for the next round.

2. No Greed, Stable Earnings

Small profits, more frequent. Slow is fast. Don’t think you can get rich overnight.

3. Diversify Investments, Leave Room

Never go all in; when the market reverses, you need an exit strategy.

4. No Heavy Positions, No FOMO

Go with the trend and avoid emotional trading.

5. Buy Slowly, Sell Quickly

Accumulate in batches during sideways movement, decisively sell when you reach your target, don’t hesitate.

6. You Can’t Make All Profits, But You Can Lose Everything

Never think about cleaning out the market; it will make you pay the price.

7. Cut Losses Immediately When Fundamentals Deteriorate

Those who delay cutting losses often end up back to square one overnight.

8. Long-Term View Weekly, Ultra Long-Term View Monthly

Stop when trends reverse; what you have in hand is what counts.

9. The Market Always Reverses

Don’t fantasize that rises will last forever, the same goes for declines.

10. Don’t Trade Without Opportunities

Missing opportunities is normal; what you catch is yours.

11. Waiting for Opportunities is Better Than Searching for Them

Patience is the biggest moat in the crypto world.

12. Stop When You Meet Your Goals

Energy is limited; don’t watch the market until you lose control.

13. Cutting Losses is a Responsibility, Profits are a Blessing

The market owes you nothing, don’t turn it around.

14. Real Profits Come from Waiting

Frequent trading will only wear you out.

15. Desire Breaks Mindset, Execution Can Save You

Have a plan, execute it, and don’t be hijacked by emotions.

These words sound easy, but are very difficult to practice. The crypto world has never been about who runs fastest, but about who can walk to the end.

Remember: Surviving gives you the chance to wait for the next wave of market.