In 2017, I walked into the cryptocurrency world with two thousand eight hundred yuan, and now my account has grown to thirty-six million.
Over the years, I've experienced liquidation, drawdowns, sleepless nights, and anxiety; I haven't missed a single pitfall or spared a dime on tuition fees.
These experiences have ultimately distilled into six iron rules. Understanding each one may help you avoid losing a hundred thousand.
Truly grasping three of them can help you avoid more than ninety percent of traps.
First rule: Rapid rise, slow fall; don't rush to sell.
That is often when the main forces are accumulating, not when they are at a peak. What you should truly be wary of is a rapid sell-off after a volume surge—that is the signal for harvesting.
Second rule: Rapid fall, slow rise; don't rush to buy the dip.
A weak rebound after a flash crash is often a smokescreen before unloading. Don't be deceived by the illusion of "the drop has stopped"; the market is adept at dealing with all kinds of luck.
Third rule: High volume at peaks is not necessarily a bad thing; low volume is the most dangerous.
High volume indicates that the game is still ongoing; once there is no volume, it often means that the main forces have exited, leaving only the "belief" in the hands of retail investors.
Fourth rule: Don't be impulsive with volume at the bottom; look for sustainability.
A single day of high volume does not signify the start; continuous volume—especially after gentle accumulation in a consolidation—is the true signal for building positions.
Fifth rule: K-line is just the surface; trading volume is the truth.
The price of cryptocurrency is merely a reflection of market sentiment; only by understanding volume can one truly comprehend the market situation.
Sixth rule: The highest realm is "nothing".
Without attachment, one can wait with an empty position; without greed, one understands when to take profits; without fear, one has the courage to enter when others panic.
Controlling emotions is often more important than understanding trends.
After eight years, from blind to calm, I exchanged two thousand nine hundred and twenty days and nights for a simple conclusion:
Those who truly make money in the cryptocurrency world are never the smartest ones, but the most patient ones.
You don’t lack opportunities; you lack direction.
A single log cannot make a boat, and a lonely sail cannot sail far.
If you haven’t found your rhythm in the cryptocurrency world, lack firsthand information, and don’t have a community to walk alongside, perhaps you can stop and look at the path others have walked: @极速翻仓王—强哥 .