Rules for Survival in the Crypto World: 8 Iron Rules to Help You Transform from a Retail Investor to a Big Shot
Rule 1: Stay away from altcoins; avoid garbage platforms and fraudulent exchanges!
Rule 2: Invest only with spare money, without loans or leverage, to avoid being wiped out completely!
Rule 3: Protect your principal, don’t chase after rising prices, to avoid being trapped at the peak and suffering daily losses. In 2018, there were plenty of opportunities to get rich in the crypto world; there were people making money everywhere, so don’t be afraid of missing the chance to get in!
Rule 4: Ignore negative news and bad news in the groups; they are all scare tactics from manipulators trying to get you to sell your holdings so they can buy them!
Rule 5: As long as you have chosen quality coins, maintain your faith and hold them long-term; don’t scare yourself into selling when you’re bored!
Rule 6: Deepen your knowledge of the crypto world and blockchain; don’t enter the market easily until you understand the principles!
Rule 7: Enrich your leisure life and cultivate some hobbies; besides trading cryptocurrencies, there are many beautiful things in life worth spending time learning about!
Rule 8: If you are trapped at a high position, please maintain your faith and hold long-term! Don’t sell at random! As long as there are coins, there are dreams!
Keep following: $XRP
