15 Essential Survival Rules in the Crypto World!

Rule 1: Protect your principal to survive in the market for the long term.

The principal is the lifeline and must be firmly safeguarded! Many people overlook risks in pursuit of high returns, resulting in heavy losses.

Rule 2: As long as you are not greedy, making a profit is actually quite simple.

Maintain a stable mindset; earning a little less can actually make it easier to accumulate wealth.

Rule 3: Concentrate your investments, do not over-leverage, and follow the market trend.

Avoid blindly diversifying your investments and refrain from fully committing capital; adjust your strategy according to market trends.

Rule 4: Avoid heavy positions, don’t stubbornly hold on, and trade less.

Control your positions, do not stubbornly hold onto losses, and trade moderately.

Rule 5: Enter the market calmly, exit decisively, and be firm with stop losses.

Do not rush to buy; make quick decisions when selling, and strictly enforce your stop-loss line.

Rule 6: The market's profits are endless, but losses can be bottomless.

Do not be greedy for money that cannot be fully earned, as losses can potentially deplete everything.

Rule 7: Once a stop loss is triggered, exit immediately.

Stop loss is a protection for your account and should not be hesitated over.

Rule 8: Long-term and short-term, cashing out is the safest strategy.

Whether trading long or short, ultimately ensure that you cash out safely.

Rule 9: The unchanging truth of the market is that extremes must reverse.

Regardless of rises or falls, there is a limit that will inevitably lead to a reversal.

Rule 10: Don’t operate if there is no opportunity; missing out is not scary.

Do not forcefully try to seize every opportunity; capturing part of them is already sufficient.

Rule 11: Waiting for the right opportunity is more important than blind operations.

Do not rush to find trading opportunities; patiently waiting is more favorable.

Rule 12: After achieving your goals, stop trading and conserve energy.

Do not be greedy; withdraw at the right time after completing your daily goals and conserve energy for the next trade.

Rule 13: Stop loss is self-imposed, while profits are a gift from the market.

Stop loss is the investor's responsibility, while profits are the market's rewards.

Rule 14: Wealth comes from waiting, not from frequent trading.

The best investments are often obtained through patient waiting, not constant trading.

Rule 15: When the mindset is fragile, strictly executing the strategy is most important.

Desires can easily spiral out of control in trading; only by strictly implementing the strategy can one achieve unity of knowledge and action.