Four Iron Rules for Survival in the Crypto World

Capital Management (The Line of Life and Death)

Control single loss to 2%-3%

Leverage over 5 times is fatal

Small-scale operations (1-hour chart is best)

Don't learn from professionals to play the 5-minute chart

Trading System (Core of Earning Money)

Must pay at least 90% tuition to get started

Practice with a few hundred dollars first

Withdraw profit to protect the principal

Fix your own trading model

Execution Discipline (Key to Survival)

Black swans can come at any time (refer to the 519 incident)

Counter-trend bottom-fishing = suicide

Stop-loss should be as natural as breathing

Don't fantasize about getting rich overnight

Time Accumulation (Inevitable Path)

Must experience a full bull and bear cycle

Use different strategies for different market conditions

Focus on paying tuition in the first two years

Start making money in the third year