If you plan to root yourself in the cryptocurrency world for the next three years and treat trading as a second profession, these 8 practical iron rules must be thoroughly understood—these are all practical tips for supporting a family, and it's recommended to bookmark them!

1. Losses are easier than profits; protecting gains is key. If you earn 100% on 1 million, it can reach 2 million, but losing 50% brings you back to 1 million; even if it rises 10% and then falls 10%, you'll end up with only 990,000. Therefore, protecting your principal and existing gains is always the top priority.

2. Frequent ups and downs make it hard to earn money; long-term gains can be diluted. If you repeatedly "earn 40% and then lose 20%" on 1 million, after 6 years you'll only have 1.405 million, with an annualized return of just 5.83%, which is worse than a 5-year government bond. Stability is far more reliable than wild fluctuations.

3. Small profits can compound impressively, but greed can lead to losing the big picture. If you earn 1% on 1 million daily and exit, in 250 days you'll reach 12.032 million, and in 500 days it can go up to 145 million; whereas pursuing "200% return for 5 consecutive years" might theoretically reach 243 million in 5 years, but such high returns are hard to sustain, and greed will eventually lead to a downfall.

4. Long-term goals must calculate the annualized return clearly. To grow 1 million to 10 million in 10 years, to 100 million in 20 years, or to 1 billion in 30 years, the annualized return must stabilize at 25.89%. Clearly defining goals helps avoid blindly following trends.

5. Averaging down to reduce costs has its tricks. For example, buying 10,000 at 10 dollars and another 10,000 at 5 dollars results in an average cost of 6.67 dollars instead of 7.5 dollars. Averaging down must be calculated precisely; don’t blindly add money and get stuck.

6. Keeping some reserve shares controls risk; don’t let floating profits cloud your judgment. If 1 million earns 10% to become 1.1 million, leaving 100,000 in chips means your cost is zero, allowing for long-term holding; but if you leave 200,000 in chips, even if the floating profit doubles, a 50% drop could lead to losses, so be wary of potential risks.

7. A sharp drop reveals the truth; choose coins based on their resistance to declines. When the market plummets, if a certain coin only slightly drops, it’s likely protected by market makers, indicating a quality coin that can be safely held.

8. Conclusion: Treat trading as a profession, with stability as the priority. The cryptocurrency world is not short of opportunities but lacks people who can maintain stability. Don’t chase short-term profits; set strategies based on data and control emotions with discipline to achieve long-term profits.

I only do real trading and avoid fakes; friends who want to steadily profit and avoid pitfalls, don’t wander alone in the cryptocurrency world. Keep up with the rhythm, @宝哥的带单日记 will guide you to earn steadily with winning logic! 🔥