If you intend to make a living by Cryptocurrency Trading, these eight iron laws are worth pondering repeatedly to understand!

I've been in the cryptocurrency circle for 10 years. These 10 iron laws are posted on my computer. I must review them before entering the market every day, which allows me to avoid being caught in one big drop after another.
Today I share with friends who are destined, I hope to inspire you. It is quite simple to turn 5000 into 100,000 quickly. In the past two years, with less than 70 in hand, I have achieved a win rate of 418134%, and I have made more than 28 million hard cash!
1. When entering the market, you cannot just look at the 'cryptocurrency trading' and K-line trends, especially for short-term trading, you need to look at the 30-minute K-line. At the same time, the overall market needs to stabilize and resonate at this moment before you can get involved. For example, sometimes when you see a candlestick with a long upper shadow, you may feel that there is no opportunity, but the next day it may show a big positive trend or even hit the upper limit. In fact, by looking at the 30-minute K-line, you can see the mystery.
2. Trends and order are not right, one more look is a mistake. Follow the trend, and the order of the uptrend cannot be broken.
3. Short-term trading is not as good as not doing it when it is not in a hot spot or potential hot spot.
4. Abandon all impulsive entries. Trade your plan, plan your trade.
5. Any opinions or views expressed by anyone are only for reference. One should think carefully and analyze seriously on their own.
First lock in the direction before selecting a coin. If the direction is right, success will come easily; if the direction is wrong, success will be hard to come by.
7. Intervene in the coin that is rising. It's a big mistake to try to guess the bottom, always feeling that it's about to rebound, and then have the ultimate position liquidation +. The stock price always moves in the direction of the small resistance level, intervening in the coin that is rising is choosing the direction with less resistance.
8. After making big profits or big losses, it is important to empty the position, re-evaluate the market and yourself. Clarify the reasons for the big profits or losses, and then it's not too late to take action.
After so many years of cryptocurrency trading, I found that after making big profits and big losses, leaving the position empty, the probability of being right is over 90%.
The impermanence brings impermanence brings impermanence brings!!!
Important things need to be said three times!!!
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