If you do not plan to leave the crypto space in the next three years and are determined to treat crypto trading as a second career, you must read these 10 rules. They are valuable tips for making a living from trading crypto, and it's recommended to save them!

1. Suppose you have 1 million. When the return reaches 100%, your assets will reach 2 million. If you then lose 50%, it means your assets will return to 1 million. Clearly, losing 50% is easier than gaining 100%.

2. Suppose you have 1 million. After a 10% increase on the first day, your assets reach 1.1 million, then after a 10% drop on the second day, your assets are left with 990,000. Conversely, if you drop 10% on the first day and then increase 10% on the second day, your assets are still 990,000. If you have 1 million, earning 40% in the first year and losing 20% in the second year,

In the third year, earning 40%, in the fourth year, losing 20%, in the fifth year, earning 40%, and in the sixth year, losing 20%, the remaining assets are 1.405 million, with a six-year annual return rate of only 5.83%, even lower than the 5-year bond coupon rate.

4. Suppose you have 1 million. If you can earn 1% every day and exit, then after 250 days, your assets can reach 12.032 million, and after 500 days, your assets will reach 145 million.

5. If you have 1 million, and the annual return for 5 consecutive years reaches

With a 200% return, your assets will reach

243 million, but such high returns are difficult to sustain.

6. Suppose you have 1 million, hoping to reach

10 million, reaching 100 million in twenty years and 1 billion in thirty years, you need to achieve an annualized return rate of 25.89.

7. Suppose you buy a certain coin at 10 yuan with 10,000 yuan, and now it has dropped to 5 yuan, you buy another 10,000 yuan. At this point, your average cost can be lowered to 6.67 yuan, not the 7.5 yuan you imagined.

8. Suppose you have 1 million and invest in a certain coin profitably.

10%. When you decide to sell, you can leave behind 100,000 yuan worth of chips, then your holding cost will become zero, allowing you to hold long-term without pressure.

9. If you are extremely optimistic about this coin and leave behind 200,000 yuan worth of chips, you will find that your profit will rise from 10% to 100%, but do not get complacent because if this coin drops by 50% later, you may still incur losses.

10. A sharp decline is the touchstone for quality coins. If the market crashes and your coin only drops slightly, it clearly indicates that the major player is supporting the price, refusing to let it fall, so such coins can be held with confidence, and there will be gains.