Rule 1: Capital first! Always remember that protecting your capital is the key to surviving in this market. Saying it three times is not enough! Many people only think about making money, but ignore the risks, and end up being taught a lesson by the market.
Rule 2: Don’t be greedy; earn steadily. Slow is fast. In fact, as long as you are not greedy, making money is not difficult; stable small profits are more reliable.
Rule 3: Diversify investments, invest in a combination, and leave room in your positions to go with the trend. Never go all in; once the market reverses, your escape route is gone.
Rule 4: Don’t go heavy; never buy coins in a downward trend, don’t operate frequently, and don’t chase after rises or falls. These are good habits to leave yourself an escape route.
Rule 5: Buy a little slower, accumulate through sideways trading, and buy gradually. Sell decisively; when you reach your target price, sell immediately.
Rule 6: You can never earn all the money, but you can lose it all. Don’t think of consuming all the profits; the market can slap you back at any time.
Rule 7: There are always opportunities; if the fundamentals of the coin change significantly and are detrimental to its development, you should stop-loss immediately. Not doing so may cause you to return to square one overnight.
Rule 8: If you are investing long-term, you should look at it on a weekly basis; if you are doing ultra long-term, you should look at it on a monthly basis. If the trend reverses and is in a downward channel, secure your profits. What you have in hand is the most stable; don’t be greedy thinking the market will keep going down.
Rule 9: The market will always swing back to extremes. This will never change, don't fantasize that trends won't reverse.
Rule 10: Don’t trade without opportunities. Missing opportunities is normal; capturing a part is enough; don’t think about getting it all.
Rule 11: Waiting for opportunities is always better than searching for them. Patience is the greatest weapon of winners.
Rule 12: When you reach your goal, stop. Energy is limited! Don’t think you can earn non-stop in one day; rest when you achieve your goal.
#Stocks
Rule 13: Stop-loss is your responsibility; profit is a gift from the market. Don’t get it confused; the market owes you nothing.
#Bitcoin
Rule 14: Money comes from waiting, not from frequent trading. Don’t think about earning 100 times in one day; true profits come from patience.
#Crypto Trading
Rule 15: Desire can ruin your mindset; execution can save you. Stick strictly to your trading strategy, don’t let emotions lead you, and achieve harmony between knowledge and action!
