Must know rules to survive in a volatile market.

1. HOW MUCH TO INVEST: Don't invest at the cost of ruining your life. Your investment should always be an almost insignificant amount. If you lose it, it should hurt a bit but not ruin your life. Don't go all in. EVER. Don't invest more than you can afford to lose.

2. TRADE SPOT. THEN FUTURES: Practice a lot BEFORE trading. Watch live charts, draw your levels, then paper trade. After you're comfortable with this, trade spot for some time and ONLY THEN move to leverage/futures. Using leverage without spot experience is a crime.

3. TWO SAVIOURS: You cannot and will not survive in the long term without following the two tools of capital preservation. i. Stop Loss. ii. Risk Management. Both these tools are FAR more complicated than they sound. Read, understand and ONLY then trade.

4. DON'T BE A HERO TO FIGHT THE TREND: Don't try making quick trades by fighting the trend. Use the weekly time frame and the 50 day moving average to find the trend and trade only in the direction of the market.

5. NO GOOD ASSETS: There are no good and bad assets. Don't get attached to a coin or a stock. Your aim is to make profits, to buy low and sell high. Keep your logic, attachments, and emotions away and TRADE THE CHART. Eg. Doge is shit but I made good money there.

6. EXIT AT THE FIRST SIGHT OF BEARISHNESS: Don't pray for a trade to go right. Don't hope. Your aim is to leave the market ASAP. Once the trade goes the opposite direction, don't give control to the market and keep hoping. EXIT. Start afresh. Cut your losses. Keep them small.

7. PLAN: Don't trade if you don't have a planned entry, exit, and invalidation point. Listening to the opinions of others will always get you rekt. Don't even listen to me. YOU have to plan your entry, position size, and invalidation points.

8. HODL: Holding a coin is very underrated. If you are an emotional trader then just holding will give you more gains over time as compared to trading. Always research the project and if the fundaments are strong then just HODL.

9. Compound: DCA into a project that has been accumulating. Put the profits of other projects into the project that is your long-term bag. Don't think about the short term. Always have a long-term bag and compound that coin slowly and steadily.

10. Learn: Always learn from the mistakes made by you or by others. Trading is the most rewarding profession, ever. You can't expect it to be easy. Journalise all trade. Take notes and keep learning.

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Peace✌️