How to Create a Hundredfold Myth in the Crypto World: Remember These 8 Iron Rules + 12 Principles for Success and Get a Mercedes by Year-End
**1. Short-term Survival Rules (Strictly Follow)**
1. **Focus on Mainstream Coins**: Keep a close watch on the TOP 10 coins daily, combining hot topics, news, MACD golden crosses, BOLL openings, and other signals to select highly volatile varieties.
2. **Diversify to Control Risk**: Split the principal into 5 parts (20% each), using only 1 part for a single trade.
3. **Avoid Full Positioning**: Position limit is 50%, leaving half for unexpected opportunities.
4. **Limit Frequency for Clarity**: Daily operations ≤ 3 times; controlling your hands is key.
5. **Refuse to Average Down**: If you open a position and it drops 30%, exit immediately; admit defeat if the timing is wrong.
6. **Mechanical Stop Loss**: If losses exceed 30%, close the position unconditionally; holding the position is suicide.
7. **Quick In and Out**: Refuse to hold on too long; take profits when available.
8. **Follow the Trend**: Only follow the big trends; avoid altcoins.
**2. 12 Principles for Survival in the Crypto World (Suggested to Memorize)**
1. Don’t panic sell during early morning drops; afternoon rebounds are common.
2. Reduce positions during late surges; night corrections are likely.
3. Volume contraction during rises indicates further rises; volume contraction during falls indicates further falls.
4. Surge before good news hits, then pull back once it does.
5. Deep drops during the day can be buying opportunities; external markets often rally at 21:30.
6. The deeper the spike, the stronger the buy/sell signal.
7. Heavy positions = high-risk area (exchanges target precisely).
8. A stop-loss on short positions will lead to a fall (typical bait and switch like TRB).
9. Reversal must occur before breaking even; it won’t let you exit easily.
10. A rise must follow a profit-taking; they only pump after clearing retail investors.
11. Excitement leads to a waterfall (emotion is a trap).
12. When you have no money, the market will surge (FOMO lures you in).
**Harsh Truth**: The market is controlled over 80%! To survive, you must:
✅ Strictly control positions ✅ Act proactively ✅ See through the main players’ movements before acting.
The essence of trading is a game of patience + composure. Are you ready?