Eight Years of Ups and Downs in the Crypto World: These Ten Rules Helped Me Survive

1. After making a large profit, at least stay in cash for a month; the market shifts from boom to bust, do not be greedy.

2. If you lose three days in a row, stay in cash; if you're wrong about the direction, acknowledge it and don't fight the market.

3. Hold your position for at least a month; focus on one trade, frequent switching rarely yields good results.

4. Don't chase after a five-point rise, and don't buy after a five-point drop; chasing highs and cutting losses is a big taboo.

5. Don't chase after large volumes at high positions, and don't touch large volumes at low positions; avoid falling into the traps set by the main players.

6. Don’t invest in weak coins, and don’t buy coins that are stagnant at low levels; the strong stay strong, and trends are king.

7. Don’t diversify into more than three coins; the crypto world is not a mixed bag, focus is necessary to make big money.

8. Don’t touch what you don't understand; avoid chasing after new coins without knowledge; new coins are full of traps, be careful not to become a bag holder.

9. Avoid left-side trading; don’t blindly try to catch the bottom; the market has no bottom, so don’t fantasize about catching the lowest point.

10. Believe in yourself, you will eventually win; the market is unpredictable, maintain patience and faith.

As a seasoned investor in the crypto world, I, Tu Fei, share my experiences and insights. Interested in the crypto world but don’t know where to start? Click on my profile to see the introduction to Zhuye, and let’s witness the moment of miracles together.