These are the principles written down from years of hard lessons in the crypto space. Follow these principles to protect your capital and secure profits in a highly liquid market. 1. If you're unsure whether to buy a token, don't buy it. 2. When a token's profits reach the point where you want to show off on Twitter, sell decisively. 3. If the founder of a project has insider knowledge that they will pump it to 100 million, you should run at 1 million. 4. If the project founder is an industry veteran and older, asking you to invest, don't invest; it might be their last dance, and they could retire after scamming you. 5. If the project founder is a newcomer and younger, asking you to invest, don't invest. 6. Be bearish but don't short; you can short trash projects with large market caps, but don't use margin. 7. There are only two types of people in this industry: scammers and fools; it's just a game.