Trading full-time, with assets in the tens of millions, feels like there is no impact, life is leisurely, free and easy, without deceit and intrigue, living the life I want.
Now my daily routine is generally to review yesterday's trading along with updates from the evening news, combining my positions and specific situations to make swings or small capital operations for short-term gains, enhancing my market sense. Then I conduct a 2-hour review summary, which is the most important task in the morning, with the goal of being able to make a good profit in the evening! When I grow old, I also want to have a place for memories and love to write an investment experience and insights, helping others as well as myself.
Trading cryptocurrency is a journey of cultivation; only by enduring loneliness can one succeed. After trading for 10 years, I have established the "Five Investment Rules + Ten Trading Rules + Stable Investment Plan" using real money in the cryptocurrency space, regardless of whether you are a novice or an old hand, once you deeply understand its essence, I believe it will help you in your future trading.
Five Investment Rules:
1. Consider and observe the project from multiple perspectives; do not follow the crowd. The cryptocurrency space has seen many scam projects, and once the founder runs away, it is impossible to hold them legally accountable.
2. Understand blockchain and related knowledge; know the industry pain points that blockchain solves before entering the cryptocurrency space.
3. For the projects you want to invest in, be sure to have a comprehensive understanding. Know if the project truly uses blockchain technology, if the founder has disclosed their identity and if their background is legitimate, whether the business logic of the project is closely tied to the tokens, and if there are similar projects in the same industry addressing industry pain points. If the project is successfully implemented, does it have the ability to be profitable in real life?
4. If you cannot accurately assess the future prospects of a cryptocurrency, do not invest more than 20% of your assets in blockchain investments, and do not put all your eggs in one basket.
5. Even quality projects will experience ups and downs; maintain a calm mindset. For the investment projects you believe in, do not worry too much about the price in the short term, pay attention to whether the team's development progress is consistent with the white paper. Furthermore, only by holding long-term can you ultimately earn greater returns.