Eight Iron Rules for Survival in the Crypto World, Helping You Navigate the Battlefield

The crypto world is like a battlefield, with unpredictable changes. To establish a foothold in this tumultuous field, the following eight iron rules must be kept in mind.

1. Be Cautious with Averaging Down. The crypto world is shrouded in fog; once trapped, do not blindly panic and average down in an attempt to reduce costs and quickly break free. This approach contradicts market logic and requires deep reflection.

2. Add to Profits. Do not blindly add funds before your trading system has shown stable profitability. Losses indicate flaws in your strategy, and adding to your position at this time will only increase losses. Reflect and adjust first; act only when the strategy is mature.

3. Go with the Trend. Market trends generally fall into three categories: rising, falling, and consolidating. Lighten your position or stay out during declines, and actively participate during rises; following the trend can improve your trading success rate.

4. Simplified Trading. When the chart shows K-line patterns that align with your personal trading system, act decisively. At the same time, manage stop-loss and position management to protect trading safety.

5. Do Not Add to Losing Positions. Adding to a losing position is like adding fuel to the fire, which will only let risks spiral out of control. Stay calm and avoid emotional interference in decision-making.

6. Precise Adding. When the market breaks through resistance levels, appropriately add to your position; decisively short when it falls below the main distribution zone. High-level fluctuations after a long-term rise conceal hidden secrets.

7. Avoid Impatience. Greed and desire are the greatest enemies of trading. Maintaining calm and patience is essential to standing firm in a complex and ever-changing market.

8. Rational Allocation. Investing is like walking a tightrope; "don't put all your eggs in one basket." The cryptocurrency market is fraught with unpredictable risks, and diversification and multi-faceted layouts are the way to stability.

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