The first 3 years of trading cryptocurrencies is a history of blood and tears, suffering an 80% loss. After reflecting on the pain, I summarized 6 major iron rules, which must be strictly followed to ultimately turn the tide! Share this with all cryptocurrency traders, take it without thanks.

1. Market volatility, mindset is king: Don't hastily claim a peak during an uptrend, and don't assert a bottom during a downtrend. Just like whether Bitcoin can reach $150,000, the answer can only be revealed when the market is crazy. What you think is the bottom may just be a brief stop; the true bottom is always unfathomable. #本周高光时刻

2. Build positions in batches, stability is key: Skilled traders never rush to succeed in building positions, controlling each buy and sell within one percent. This strategy gives them more opportunities for trial and error, lower costs, and reduced risks. #BTC重返10万

3. Dare to chase highs, achieve greatness: In the cryptocurrency world, being afraid of heights leads to misfortune. It’s important to know that the cost of the major players in a cryptocurrency is far more complex than you think, including promotional costs, chip costs, development costs, etc. These are investments that can be several times or even tens of times higher. Therefore, daring to chase highs allows you to seize real opportunities. #币安Alpha上新

4. Bull market turnaround, don't miss the chance: A bull market is the only chance for a turnaround. Just like Buffett, no matter how smart he is, if he misses the bull market, he can only wait silently in the bear market. So, in the cryptocurrency world, seizing the bull market means seizing the key to wealth. $XRP

5. Technical indicators, for reference only: Technical indicators often have lagging characteristics; they can only serve as references, not the main basis for buying and selling. Although technical indicators perform well during strong upward trends, the price may already be high, so chasing after highs must be done cautiously. $ETH

6. Full of confidence, unafraid of the market: True cryptocurrency trading experts are full of confidence; they have experienced losses but have never been defeated. Because they firmly believe that they will ultimately overcome the market, this belief is the key to their success. $BTC

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