Survival Strategies in the Crypto Assets Market: 15 Golden Rules

After experiencing a complete cycle of the Crypto Assets market, I have summarized a set of rules to help myself survive in this high-risk market. These rules are not meant to make you rich, but to help you reduce risks and avoid significant losses in this uncertain market. Here are my 15 survival rules, hoping to provide you with some reference.

1. Avoid becoming a pioneer of trending events.

For highly anticipated blockchain events, it is best not to be among the first participants. History shows that early participants often suffer losses. The correct strategy is to patiently wait until market sentiment stabilizes, and then assess the risks and rewards.

2. Use perpetual contracts with caution

Perpetual contracts are tools designed for large funds, and ordinary investors are best advised to stay away from them. High-leverage trading is extremely risky and can easily lead to total loss of funds.

3. Stay vigilant, assume others have malicious intent.

In this "Wild West" style financial domain, there are no real friends. Stay vigilant and assume that everyone could be a potential scammer or adversary.

4. Do not blindly trust project founders

Founders are often the group that needs to be most vigilant. There are too many historical examples of founders disappointing investors. Do not treat them as heroes, but always maintain a skeptical attitude.

5. Maintain skepticism towards suspicious behavior.

If you find the project team's behavior suspicious, you should be brave enough to question it and draw more people's attention. This is not only to protect your own interests but also for the healthy development of the entire community.

6. Avoid long-term locking

Locking tokens for months is a high-risk behavior. It not only faces the risk of smart contracts being hacked but may also provide opportunities for project teams to exploit. Maintaining the liquidity of assets is important.

7. Stay away from controversial figures

In the Crypto Assets community, some people are notorious for their bad behavior. Try to avoid these individuals and the projects associated with them to reduce risk.

8. Do not chase high prices.

Do not chase assets that have parabolic price increases. While it may occasionally succeed, the probability of failure is higher. Be patient and wait for the market to adjust before making decisions.

9. Focus on market capitalization rather than unit price

When assessing the potential of a token, one should focus on its market capitalization rather than its unit price. Many people misjudge the upward potential of a token simply because its unit price is low.

10. Timely take profit

If your earnings can already solve economic difficulties in life, don't hesitate; taking profits at the right time is a wise move. The market will always exist, and opportunities will always be there.

11. Be Cautious When Connecting to New Applications

Be cautious before connecting to any new applications. It is recommended to test with a small amount of funds first to ensure security before using major funds.

12. Remain skeptical about the "super cycle"

Do not be easily swayed by claims that the market will always rise. Stay rational and be prepared for a possible market turn.

13. Stay confident during a bear market

A bear market is not to be feared; instead, it may be the period of greatest potential for returns. During a bear market, focus on enhancing your skills to prepare for the next bull market.

14. Be cautious about projects related to "mysticism".

Buying tokens related to "mysticism" may bring unexpected risks. The founders of such projects often have impure intentions and require special caution.

15. Stick to your investment philosophy

This is the most important rule. Maintain a down-to-earth and humble attitude, and strive to practice your investment philosophy; this itself is a kind of growth.

By following these rules, you will be more likely to survive in this market full of opportunities and risks, and achieve success in the long term. Remember, in the Crypto Assets market, protecting your assets is more important than pursuing high returns.