15 Unbeatable Rules for Survival in the Cryptocurrency World!

First Rule: Preserve your principal to survive in the market for a long time. The principal is your lifeline and must be firmly protected! Many people ignore risks in pursuit of high returns and end up suffering heavy losses.

Second Rule: As long as you are not greedy, making a profit is actually quite simple. Maintain a stable mindset; earning a little is easier for accumulating wealth.

Third Rule: Concentrate your investments; do not go all-in, and follow the trend. Avoid blind diversification and full investment; adjust your strategy according to market trends.

Fourth Rule: Avoid heavy positions; do not stubbornly hold on, and trade less. Control your position size; do not stubbornly hold losses; moderate trading is sufficient.

Fifth Rule: Enter the market calmly, exit decisively, and be resolute with stop-losses. Do not rush to buy; make quick decisions when selling, and strictly enforce your stop-loss line after setting it.

Sixth Rule: The profits in the market are endless, but losses can be bottomless. Do not be greedy for money you cannot earn, but be aware that losses can deplete everything.

Seventh Rule: Once a stop-loss is triggered, exit immediately. Stop-loss is a protection for your account and should not be hesitated.

Eighth Rule: Long-term and short-term strategies, cashing out is the most stable strategy. Whether you are in for the long haul or short-term, ensure you secure your profits.

Ninth Rule: The unchanging truth of the market is that extremes will reverse. Regardless of rising or falling, there is a limit, and it will inevitably reverse.

Tenth Rule: Don't trade without opportunities; missing out is not scary. Do not force yourself to seize every opportunity; capturing some is already enough.

Eleventh Rule: Waiting for the right opportunity is more important than blind trading. Do not rush to find trading opportunities; patiently waiting is more beneficial.

Twelfth Rule: After achieving your goal, stop trading and preserve your energy. Do not be greedy; retreat at an appropriate time after completing your daily goal to conserve energy for the next trade.

Thirteenth Rule: Stop-loss is set by yourself, and profits are a gift from the market. Stop-loss is the responsibility of the investor, while profits are the market's reward.

Fourteenth Rule: Wealth comes from waiting rather than frequent trading. The best investments are often made during patient waiting, not constant trading.

Fifteenth Rule: When your mindset is fragile, strictly executing your strategy is the most important.

Desire can easily get out of control during trading; only by strictly executing your strategy can you achieve unity of knowledge and action.