Six Survival Rules in the Crypto World: Follow my operations, and if you don’t make money, come find me:
1. Trend First
Without a trend, there is no profit-making effect. Large funds only trade in trends. If there is no trend, stay on the sidelines or play with small funds.
2. Choose the Right Coin
Choosing the right coin is a key factor in determining your success. Strong coins will experience unilateral fluctuations and increase, characterized by: large increases and small retracements.
3. Learn to Wait in Cash
Never chase high prices; it’s better to stay in cash and wait for a bottom or a temporary bottom to enter. Buy strong coins that have good technical patterns, and conduct extensive research before buying. Avoid weak coins.
4. Be Able to Hold
After buying, do not sell unless a top pattern appears; hold onto it firmly until a topping signal occurs.
5. Don't Eat the Tail
Sell at relatively high positions; you can choose not to eat the tail. The later it goes, the greater the risk.
6. Know How to Cash Out
You need to know to sell a portion of the earned USDT to maintain a legal status; have enough cash flow to support your living.