12 Trading Rules to Transform You in the Crypto World The crypto world is a high-risk industry, and it is crucial to understand and abide by trading rules.

In the following, I will introduce 12 trading rules in the crypto world to keep yourself rational, avoid risks, and achieve sustained growth.

1. Define your goals: Before making any trades, you should clarify your trading objectives, whether they are short-term or long-term, and whether you are seeking high-risk high-reward or stable returns.

2. Act within your means: Do not blindly follow trends or take risks; choose strategies and targets that suit your own risk tolerance and capabilities.

3. Strict Stop-Loss: Setting a stop-loss is an important means of protecting the principal, and timely stop-loss can prevent further losses.

4. Observe the market: Closely monitor market trends and news, adjust strategies in a timely manner, and grasp the pulse of the market.

5. Diversify your investments: Don't put all your eggs in one basket; diversification can effectively reduce risk.

6. Avoid overtrading: Overtrading increases costs and can lead to poor decision-making due to emotional fluctuations.

7. Don't be greedy and don't fear: Greed and fear are two of the most common emotions, learn to restrain your emotions and avoid impulsive trading.

8. Learn to analyze: Master fundamental and technical analysis methods to improve your decision-making ability.

9. Pay attention to risk control: Reasonably control positions, avoid excessive leverage operations, and ensure the safety of the principal.

10. Long-term planning: Do not be blinded by short-term profits; have a long-term plan and strategic vision.

11. Respect the market rules: The market has its own rules and rhythms, and we must learn to respect the market and go with the flow.

12. Continuous Learning: The crypto world is ever-changing, so it is essential to maintain a learning mindset and continually enhance your investment skills and cognitive abilities.

In short, take these rules seriously and continuously summarize your experiences in practice to enhance your abilities.