Sharing some iron rules of the crypto world with everyone:

1. Only participate in the irreversible upward trend of the market "Only participate in the irreversible upward trend of the market", the market is a fact, the market is indisputable, unchallengeable, and the trend is irreversible. As investors, we must dare to admit mistakes, correct them at any time, refuse uncertain market conditions, and engage in trends that even the big players must follow. We must understand the importance of going with the trend.
2. Refuse Frequent Trading The casino is open twenty-four hours a day, so there is no need to open positions frequently. There are many strategies here, such as timing, trial and error, and position control. We advocate waiting for the perfect opportunity like a hunter, rather than making reckless investments just because we see prey.
3. Do not blindly believe in technical indicators. First, we must acknowledge that all technical indicators have their lagging nature. For example, when the MACD indicator signals a golden cross buy signal, in fact, the coin has already risen significantly, and at the time of the golden cross, you could very well be the one left holding the bag!
4. Buy and forget the cost price. Once you start shorting or going long, the cost price has no relation to any subsequent operations, because whether to sell depends on the market trend, and it has nothing to do with whether you are still in profit now. If the pattern is good, continue to hold; if the pattern is bad, reduce your position or even liquidate.
5. Participate with funds you can afford to lose. Trading coins with spare money carries risks; investors can increase their investment after mastering the tricks of making a profit in the game. Before that, be sure to participate with money you can afford to lose, as borrowing money often leads to significant losses!
6. Make sure to withdraw profits on time. Without withdrawals, everything is just numbers; investors in the crypto world are like gamblers who have not left the casino. Even if you temporarily earn a lot of money, it doesn’t make you a winner. Only when you extract cash from the market can you say that you laughed last. In the crypto world, withdrawing on time is a good habit. #币圈 #BTC #PI #ETH If you also want to share in the profits of the crypto world and want to operate with a single strategy, pay attention to Gong Zhonghao (the General Instructor of Crypto) to lead you through the crypto world!