Six Major Rules for Survival in the Cryptocurrency World

1. Trend First

Without a trend, there is no profit effect. Large funds only trade trend positions; without a trend, stay in cash or play with small funds.

2. Choose the Right Coin

Choosing the right coin is the key factor that determines your success. Strong coins will experience unilateral fluctuations and rise, characterized by: significant gains and minimal pullbacks.

3. Learn to Wait in Cash

Never chase highs; it is better to stay in cash, waiting for a bottom or a temporary bottom to enter. Buy strong coins with good technical formations after extensive research, and avoid weak coins.

4. Be Able to Hold

After buying, do not sell unless a top formation appears. Hold onto it firmly until there is a signal of a peak.

5. Don't Eat the Tail

Sell when prices reach relatively high levels; avoid the tail as the risks increase the further you go.

6. Understand How to Cash Out

You should know to sell a portion of your profits to convert them into cash. Ensure you have sufficient cash flow to support your lifestyle.

Sister Hong will not let fans blow up their accounts, nor will she blindly open positions.

It’s all about seeking victory steadily, so hurry up and catch up!

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