Livermore's Eight Principles, particularly useful in the cryptocurrency market:
1. Counter-trend trading. The more FUD, the more opportunities there may be.
2. Follow the trend. Stay inactive in bear markets, act vigorously in bull markets.
3. Chase the leaders. Buy the top performers.
4. Buy in batches. Consider adding more after a price increase.
5. Control emotions and avoid gambling.
6. Wait for good opportunities before taking action.
7. Judge direction by the path of least resistance.
8. Run fast. Once something feels wrong, decisively protect your capital or minimize losses.
