Once novice traders in the crypto world master these iron rules, they will establish themselves. Their trading career will leap like they are on cheat mode.

In the turbulent sea of the crypto world, true experts do not rely solely on technical skills but instead deeply understand and strictly adhere to market principles. Here are the six iron rules I have always followed, shared with those destined to find it, so you too can navigate the trading waters effortlessly and manage risks with ease!

1: Unpredictable fluctuations, mindset is king: Do not easily declare a peak during an upswing, nor a bottom during a downswing. Just like whether Bitcoin can reach $150,000, the answer can only be revealed when the market is in frenzy. What you think is a bottom might just be a brief stop; the true bottom is always unfathomable.

2: Gradual accumulation, stability is king: Top traders never rush to succeed in building their positions; each buy and sell is controlled within one percent. This strategy allows them more opportunities to make mistakes, lower costs, and reduce risks.

3: Dare to chase highs, achieve greatness: In the crypto world, fear of heights leads to a miserable existence. Understand that the main players' costs in a cryptocurrency are far from what you imagine, including promotional costs, chip costs, development costs, and so on, which can be several times or even dozens of times the investment. Therefore, daring to chase highs is essential to seize real opportunities.

4: Bull markets are a turning point, do not miss the chance: A bull market is the only opportunity for a turnaround. Just like Buffett, even if he is smart, missing the bull market means he can only wait silently in a bear market. Thus, in the crypto world, seizing the bull market means holding the key to wealth.

5: Technical indicators are for reference only: Technical indicators often have lagging characteristics and can only serve as references rather than the main basis for buying and selling. While technical indicators may perform well during strong upward movements, the price may already be high, so chasing the rise requires caution.

6: Full of confidence, unafraid of the market: True trading experts are full of confidence; they have experienced losses but have never been knocked down. They firmly believe they will eventually conquer the market, and this belief is the key to their success.

Trading is not only a battle of skills and luck but also a test of mindset and wisdom. Only those who master and strictly adhere to these iron rules can remain undefeated in the crypto world!