8

The eight major rules of the cryptocurrency market summarize many experiences and lessons in trading, condensing the essence of market psychology and operational strategies. Below is a brief analysis of the core logic of each rule to help you better understand and apply them, while also reminding you of some precautions:

1⃣
Being trapped and averaging down to seek break-even; hoping for profits is greed.
Core: Do not rush to recover after being trapped; averaging down to lower costs is a prudent strategy, but do not expect short-term windfalls.
Analysis: Averaging down requires caution; confirm whether the trend is stabilizing; otherwise, you might keep losing more. It is recommended to set stop-loss points to avoid a bottomless pit.