Rules for Survival in the Crypto World
1️⃣ Capital First: Without capital, there's nothing. Greed is the scythe of the market.
2️⃣ Steady Gains, No Greed: Small profits accumulate, surpassing one-time windfalls. Slow is fast.
3️⃣ Diversify Investments: Don't go all in, don't fill your position, follow the trend, and leave room.
4️⃣ Buy Slowly, Sell Quickly: Accumulate positions in consolidation zones, decisively harvest when targets are met.
5️⃣ Profits are never-ending, but losses can wipe you out in one wave.
6️⃣ Opportunities are always present: If fundamentals deteriorate, stop loss immediately, no hesitation.
7️⃣ Long-term Trend Watching: Use weekly/monthly charts for judgment, when trends change, harvest.
8️⃣ Extremes will reverse: Don't believe in the myth of perpetual rise; reversal can happen in an instant.
9️⃣ Better to miss out than to make a mistake: Patiently wait for the real opportunity.
🔟 Stop when goals are achieved: Don't be greedy; withdraw once you've made your planned profit.
1️⃣1️⃣ Stop loss is a responsibility, profit is luck: No one owes you a penny.
1️⃣2️⃣ Money is earned by waiting, not through frequent trading.
1️⃣3️⃣ Execution determines everything: Knowing is useless, doing is what counts.
Final summary:
The rules are simple, execution is hard.
Only those who can achieve this are worthy of the ultimate victory.