After 10 years in cryptocurrency trading, from big losses to big gains, I've summarized 5 iron rules to give all retail investors a piece of advice! If you want to play in the crypto world for the long term, please read this heartfelt article carefully! Newbies must keep it in mind to navigate the market with ease.

The crypto world is filled with opportunities and risks, especially for newcomers. How to survive and profit in a highly volatile market is a lesson that requires continuous learning and practice.

1. The hottest coins in a bull market drop the fastest

Those coins that are being speculated heavily, especially those with serious control, often burst their bubbles quickly. The more they attract a large number of retail investors chasing prices, the greater the risk. It's like inflating a balloon; the bigger it is blown, the faster it pops. Hot coins in a bull market are often favored by short-term speculators, but they are also the easiest traps to lose all your capital.$ETH

Advice: Do not blindly chase rising prices, especially those coins that have skyrocketed in a short period. Stay calm and avoid becoming the "bag holder."$BTC

2. The tricks of altcoins are quite similar The typical play of altcoins is to first slam the price down to create panic, then slowly ramp it up to attract retail investors, and finally change tactics to continue harvesting. This method has proven effective, and newbies can easily get cut. Advice: For altcoins, you must be mentally prepared, do not be misled by short-term gains, and do not easily take large positions.#币圈

3. The long-term trend of the market is upward Although the crypto market is highly volatile in the short term, if we look at the longer time frame, the overall trend is upward. The historical performance of mainstream coins like Bitcoin and Ethereum has proven this.#币圈暴富

4. Potential coins are not being speculated Truly potential coins often remain unnoticed at the bottom, with few mentions. Meanwhile, those coins that are being crazily speculated are often tools used by whales to harvest profits.#比特币

5. Be cautious with newly launched coins Coins newly listed on exchanges, especially those that experience drastic rises and falls, are often traps designed by whales. These types of coins usually lack actual value support and are purely meant to harvest retail investors.#CPI数据来袭

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