After 10 years of struggling in the cryptocurrency world, experiencing 312 and 519, I have summarized 8 iron rules that I must review before entering the market each time. It is thanks to these principles that I have been able to retreat safely through one round of declines after another. Today, I share them with those destined to find them, hoping to help you avoid some detours.

1. When entering the market for short-term trades, don't just look at K-lines; the 30-minute line and market resonance are key. Looking only at daily lines may lead to misjudgment. For example, encountering a long upper shadow might make you think there's no opportunity, but the next day, a strong upward candle appears—by glancing at the 30-minute line, you can often discover key signals. Combined with the market stabilizing, your entry will be more secure.

2. If the trend and order are not right, do not touch it. The core of trading cryptocurrencies is to follow the trend. Once the trend deteriorates and the upward rhythm is broken, looking even once more poses a risk; leaving the market in a timely manner is more important than stubbornly holding on.

3. For short-term trading, stay away from non-hot topics. Only hotspots or potential hotspots attract capital attention and can bring about short-term trends. Focusing on obscure cryptocurrencies not only wastes time but also risks missing opportunities; it is better to patiently wait for the next hotspot.

4. Avoid impulsive entries; plan first. First, "plan your trade," clarifying entry points, stop-loss, and take-profit levels; then, "trade your plan," avoiding being swayed by emotions, and preventing impulsive mistakes due to momentary excitement.

5. Others' opinions are for reference only; your own decisions are reliable. The cryptocurrency world is filled with chaotic messages, and anyone's analysis has limitations. Ultimately, you must rely on your own careful consideration and independent judgment to avoid being misled.

6. First, set the direction, then choose a coin. If the direction is correct, selecting the right cryptocurrency can yield double the results with half the effort; if the direction is wrong, even the best coins will struggle to gain traction. Rather than struggling in the wrong lane, it is better to first identify the major trend.

7. Do not guess the bottom; only pursue coins that are rising. Always thinking about "catching the bottom" is a major taboo. It may seem like a rebound is imminent, but there could be a final shakeout to come. Stock prices always move towards areas of least resistance, so entering coins that are currently rising is following the trend.

8. After a big win or a big loss, first go to cash and review. This is the core experience I’ve gained over 10 years: after a big win, it’s easy to become complacent, and after a big loss, it’s easy to become anxious. At this point, going to cash and calming down, clarifying the reasons for gains or losses, and then re-entering can increase the probability of success to over 90%. If you find yourself frequently stopping losses, facing liquidation, and wanting to quickly recover your funds, let Xing Ge guide you.