The top ten iron rules for new entrants in the cryptocurrency world, remember them well! These rules can help everyone avoid some common traps:

1. Popular coins are often riskier: Popular coins during a bull market are usually overhyped, leading to inflated prices. Once the hype fades, they can drop very quickly, so be cautious of chasing prices and selling at a loss.

2. Altcoin strategies are similar: The common pattern for altcoins is to pump quickly and then continue to harvest profits. Be clear that many altcoins primarily aim to cut losses for investors, so do not be tempted by short-term gains.

3. Long-term trend is upward: Overall, the cryptocurrency market has a relatively stable long-term trend, while short-term fluctuations can be significant. Do not be swayed by short-term price movements; observe the overall trend over a longer period.

4. Potential coins are usually low-key: Truly promising projects often remain quiet in the early stages. When investing, pay more attention to those low-profile coins that have technological and developmental potential.

5. New listings carry high risk: New coins often come with significant volatility. Once they are hyped, irrationally chasing prices can easily lead to losses. Therefore, be extra cautious with newly listed coins.

6. Price fluctuations are normal: It is very common for prices to drop after buying or rise after selling; maintain a steady mindset and do not become overly anxious due to short-term volatility.

7. Strong rebounds may not indicate potential: Coins that rebound quickly are often subject to short-term speculation and can be very volatile. Coins with real potential generally experience smaller, more stable fluctuations.

8. Beware of retracement traps: If the coin you purchased experiences a sharp retracement after a rise, it may be a signal for the market makers to sell off; timely loss-cutting is crucial.

9. Coins that may explode later: In the second half of a bull market, coins that previously performed poorly often begin to gain traction, so pay more attention to those with modest early gains.

10. Long-term sideways coins: If a coin experiences a rise during a bull market and then remains flat for several months, it may be waiting for the next big jump, which is worth noting.

Finally, maintaining execution power and sensitivity to information is also very important. Decisive action is key, and staying informed about market developments can help you react promptly. These rules can help you navigate the cryptocurrency world with ease and avoid common mistakes and traps.