Is the core of trading probability?

Now the daily routine is. Get up at 6:30 and run, come rain or shine. Mornings are generally spent reviewing yesterday’s trades and updating market news in the evening, combined with my positions and specific situations to make swing trades or small fund short-term operations to enhance market feel. Then I conduct a 2-hour review summary, which is the most important task in the morning, with the goal of making a good profit in the evening! Then I write an investment-related article and post it on Zhihu, which also serves as a record of my cryptocurrency trading life, so that when I grow old, I have a place to reminisce. When I have time, I also love to write about investment experiences and insights, helping others while helping myself.

Trading cryptocurrency is a form of cultivation; only those who can endure loneliness can succeed.

After trading for 10 years, I have established the "Five Investment Rules + Ten Trading Rules + Stable Investment Plan" with real money in the crypto space. No matter if you are a novice or an experienced trader, once you deeply understand the essence of these rules, I believe they will help you in your future trading.

Five Investment Rules:

1. Consider and observe the project from multiple aspects; do not follow the crowd blindly. There have been many scam projects in the crypto space, and once the founder runs away, there is no way to hold them legally accountable.

2. Understand blockchain and related knowledge; know the industry pain points that blockchain solves before entering the crypto space.

3. For the project you want to invest in, you must have a comprehensive understanding. Know whether the project truly uses blockchain technology, whether the founder's identity is publicly available and their background is real, whether the business logic of the project is closely related to the tokens, and if there are similar projects in the same industry that are solving industry pain points. If the project successfully lands, does it have the ability to generate profits in real life?

4. If you cannot accurately assess the future prospects of a cryptocurrency, then do not invest more than 20% of your assets when participating in blockchain investments, and do not put all your eggs in one basket.

5. Quality projects will also experience ups and downs; treat them with a calm mind. For the investment projects you are optimistic about, do not worry too much about the price in the short term, pay attention to whether the team's development progress aligns with the white paper, and remember that only by holding long-term can you ultimately earn more returns.