Rules for Survival in the Crypto World: A Must-Read for New and Old Investors!
1. Don’t frequently change coins. The wheel of fortune turns, and sooner or later, it will be your coin's turn!
2. When various people and entities are discussing a certain coin, it's best not to touch it. This indicates that the coin is nearing its peak! In a bull market, it’s likely to recover, but in a bear market, 90% of coins may never recover!
3. Don’t believe anyone who claims a coin will increase a hundredfold or a thousandfold; such people are either fools or scammers! If you ask them how many times it can multiply, unless that coin really exists in your hands, you must forget about it. But can you do that? If it rises 20% in a day, they’ll probably run!
4. While others are FOMOing, you must stay clear-headed and consider your risk-to-reward ratio. If the risk outweighs the potential reward, firmly avoid it. Preserving your principal is essential for making a comeback!
5. In a bull market, avoid contracts. Frequent fluctuations can destroy your mental state, and those so-called victory indicators are merely for show by the market makers. Once they stop playing, you may be close to liquidation!
6. Firmly believe in the coins you buy. As long as they survive the bear market, they will rise in a bull market. What is a bull market? All coins flying high!
7. If your funds exceed 100,000, avoid contracts. Steadily hold mainstream and leading coins; tenfold returns are possible! If your funds are below 100,000, focus on altcoins; even in lesser altcoins, gains of one or two times a day are common!
8. Go with the trend and hold firm to your beliefs. The crypto market is like this: your coin may drop 50% in one or two months, but it can recover that in just one day. 90% of the time in the crypto world is spent in decline or fluctuation, and only 10% of the time is spent in growth!
9. Making money in a bull market isn’t really making money; only those who can successfully exit at the peak are the true winners. Once the bull market ends, your assets could shrink by half in one day; in a bear market, they could shrink by 90% or even go to zero in a year, which is the scariest part! The reason only 10% of people make money in a bull market is due to greed; they are still fantasizing about it continuing forever!#BTC☀