Eight years ago, I was still living in a less than 10 square meter room in a village in the city of Shenzhen.
Every month around the middle, I couldn't sleep staring at the landlord's rent reminders; I would hesitate for half a day even to eat a 20 yuan boxed meal.
Now I own two houses, and the assets in my account have steadily exceeded eight digits.
None of this is based on luck, nor is it due to any insider information.
I started with 190,000, using a method that seems 'a bit clumsy' but is particularly effective.
In addition to four pieces of hard-earned practical experience, I have walked step by step.
**First: Distinguish between 'washing the plate' and 'seeing the top', don't be thrown off the train by a shake**
Once I held a altcoin that rose 20% in a day, but then fell for several days; I panicked and sold everything.
Not long after, it rose again by 50%...
Later, I slowly understood:
After a sharp rise followed by a slow decline, it is often a sign that the big player is washing the market; hold on tight and don't move around.
If there is a sudden flash crash after a spike, it is likely that it truly peaked, so run quickly.
Like before, $ETC rose 30% in a day and then crashed; I sold immediately and avoided a subsequent 40% drop.
**Second Rule: A sudden drop in high volume often signals a decline**
There used to be a mainstream coin that, after rising to a high, went sideways with decreasing volume; I didn't take it seriously.
As a result, in less than a week, the price was halved, and I lost over 30,000.
So remember:
High volatility with volume still present indicates that funds are still in play;
If high volume suddenly disappears and it becomes quiet, it means the funds have already withdrawn, and a big drop is coming soon.
**Third Rule: To identify the real bottom, look for 'continuous gentle increasing volume'**
I once thought it bottomed out after a coin dropped and rebounded a bit, so I went all in, only to be trapped for half a year.
I only understood later:
A sharp drop followed by a slow rebound is likely a trap, not a real bottom;
The real bottom often appears after a period of low volume sideways trading, followed by three days of gentle increasing volume, which is a signal for the big players to enter.
Bitcoin walked this path last year; I followed it for half a year and tripled my investment.
**Fourth Rule: There are only two principles—watch the volume, don't get too excited**
I always believe in one saying: K-lines can be drawn, but volume cannot deceive people.
Volume is the most authentic language of the market.
"What does 'don't get too excited' mean? It means don't be greedy and chase highs just because it increases a little, and don't be afraid to buy the dip just because it drops a little.
Never be empty-handed, and never be fully invested; always keep some cash on hand for truly confirmed opportunities.
If you are still anxious about market fluctuations and don't know when to buy or sell,
You can come here to discuss together.
I don't tell the story of getting rich overnight, but share methods that can help survive in the cryptocurrency space and make stable profits.
In the upcoming market, want to avoid pitfalls and seize opportunities with volume + a calm mindset?
Feel free to follow me and let's put these experiences to use together,
Steadily walking in the market, being the last one still smiling✨
In the end, does everyone know where this image is?
-
