Deep dive into a few straightforward trading rules, every sentence is valuable:
Position is the lifeline:
70% Defend the territory: Invest 70% in major coins like BTC, ETH, and BNB, hold through dips and ride the ups, don’t always think about getting rich quickly.
30% Take chances: Treat altcoins and MEME coins like lottery tickets, cash out when you profit, don’t get carried away. MEME coins are the luxury goods of the crypto world, it’s a competition of who can follow trends better.
The simpler and more ruthless the operation, the better.
Don’t go against time: Never hold positions for more than a month, rush in when you see momentum, and take profits quickly.
Cut losses faster than you seek profits: Accept losses gracefully, set stop-loss levels, don’t stubbornly hold until zero.
Minimize leverage: Leverage is the poison of "one-time excitement," liquidation often happens due to impatience.
A stable mindset is essential for survival.
Reject emotional manipulation: Separate money from emotions to make calm judgments; don’t hide for a week after losing money, you still have to trade.
Information overload is worse than not using it: Less time watching influencers pump coins, more focus on on-chain data and niche exchanges; small accounts often provide more reliable information than popular figures.
In the crypto market, money comes quickly and leaves even faster. Don’t treat the market like a casino or a battlefield—make fewer mistakes, survive, and when the bull market arrives, you’ll naturally be on the ride.
