The ten iron laws of cryptocurrency investment:

1. If you lose money, it may be due to cognitive problems (insufficient cognition, cognitive bias), or problems in execution (motivation problems, action bias), or knowing how to do it but not doing it.

2. If you chase the rise and fall and play those air coins, don't dream of using them to change the world. That's just your own fantasy, and you look too shallow.

3. If you invest in Bitcoin, don't just look at the minute line, but look at the big cycle, and look at the big trend from 2 US dollars to 69,000 US dollars from 2011 to 2021.

4. Before your assets reach 10 million, you can speculate and pursue high returns; after 10 million, you have to turn to investment. Speculation is fast in and fast out, and investment is slow compounding.

5. Many people find that it is not easy to cross the gap from speculation to investment. Once they have tasted the excitement of fast in and out, they can't adapt to the rhythm of making money slowly, and the money will still be lost in the end.

6. The best investment in a bear market is to invest in yourself. With cognition, you can make money even if you don't have money; with money, you will still lose money without cognition.

7. Invest in the trend of the bull market and make profits roll in; in the bear market, invest in yourself and improve cognition.

8. If you lose money, it is still worth it if you can turn the lost money into cognition. With cognition, you can make it back even if you lose a lot of money.

9. Focus on those things that don't change, and you can see more clearly. The price of Bitcoin is changing, but its underlying logic has not changed, and it has not changed as a subversive way of storing value.

10. Investment should go with the trend, but also think in reverse. When the market is at its peak, almost no one is bearish; when the market hits the bottom, almost no one is bullish. #BTC🌪️ #ETHFI🔥🔥🔥