Eight Rules of Cryptocurrency Trading

Rule One: If you're stuck, buy more to break even; seeking profits is greed.

Rule Two: A calm surface may hide a high tide; beware of the big waves behind.

Rule Three: After a significant rise, a pullback is inevitable; the candlestick pattern often forms a triangle over several days.

Rule Four: Buy on dips, not on peaks; sell peaks, not dips; moving against the market makes one a hero.

Rule Five: Don’t sell on a high, don’t buy on a plunge; avoid trading in a sideways market.

Rule Six: In an uptrend, look for support levels; in a downtrend, look for resistance levels.

Rule Seven: Trading with a full position is a big taboo; stubbornness is not advisable; be aware of constant changes; enter and exit freely by observing the market.

Rule Eight: Trading cryptocurrencies is about mindset; greed and fear are major harms. Be cautious when chasing prices; maintain a calm and relaxed state!