I was born in 1986, a full-time cryptocurrency trader, with assets in the tens of millions. I feel no impact, living a leisurely and free life, without deception or intrigue, living the life I want. My daily routine now is: getting up at 6:30 to run, without exception. In the mornings, I generally review the previous day's performance and update myself on the evening's news, combining it with my positions and specific situations to make swing trades or small short-term operations to enhance my market feel. Then I spend 2 hours summarizing my review, which is the most important task in the morning, aimed at making a good profit in the evening! I also want to have a place to reminisce when I grow old, and I love to write about my investment experiences and insights, helping others while helping myself.
Trading cryptocurrencies is a practice; one must endure loneliness to succeed. After 10 years, I have established the "Five Major Investment Rules + Ten Trading Rules + Stable Investment Plan" using real money in the market. Regardless of whether you are a newbie or an experienced trader, when you deeply understand the essence of these rules, I believe they will help you in your future trades.
Five Major Investment Rules:
1. Consider and observe the project from multiple perspectives; do not follow the crowd blindly. Many clone and money-making projects have appeared in the market, and once the founder runs away, it is impossible to hold them legally accountable.
2. Understand blockchain and related knowledge, know the industry pain points that blockchain solves before entering the market.
3. For the projects you wish to invest in, you must understand them comprehensively. Know if the project genuinely uses blockchain technology, whether its founder has disclosed their identity and if their background is legitimate, whether the project’s business logic is closely related to the tokens, and if there are similar projects in the same industry that are addressing industry pain points. If the project is successfully implemented, does it have the ability to generate profits in real life?
4. If you cannot accurately judge the future prospects of a cryptocurrency project, do not invest more than 20% of your assets in blockchain investments, and do not put all your eggs in one basket.
5. Quality projects will also experience fluctuations; treat them with a calm mindset. For the investment projects you are optimistic about, don't worry too much about the price in the short term. Pay attention to whether the development progress of the team is consistent with the white paper, and remember that only by holding for the long term will you ultimately earn more profits. $BTC