I have a 40-year-old sister in Hangzhou who has been in the cryptocurrency world for 10 years. In the most 'foolish' way, she turned a principal of 150,000 into over 30 million. She lives a low-key life, owns 4 properties: 1 for herself, 1 for her parents, and 2 for rental income. Over these 10 years, she relied neither on insider information nor on sheer luck, but on adhering to a few simple yet effective principles. Today, I will share her six survival rules in the cryptocurrency world, which are more practical than learning hundreds of indicators:
1. Rapidly rising and slowly falling = Institutional accumulation. A gentle pullback after a surge often indicates that large funds are quietly building positions; don’t be fooled by surface fluctuations; the rhythm is key.
2. Rapidly falling and weak rebounds = Institutional selling. If prices crash and cannot rebound, it usually means that funds are withdrawing; don’t fantasize about bottom fishing; it’s easy to get trapped at this time.
3. High volume at the top does not necessarily mean a peak. Sometimes, high volume in a peak zone indicates a continued sprint, while a shrinking volume at the top is more likely to signal the end of a trend.
4. A single volume spike at the bottom is not reliable; only continuous volume increases count as a true bottom. A one-time spike is often an illusion; sustained increases in volume indicate that market consensus is gradually forming.
5. Trading cryptocurrencies is about human sentiment, not charts. No matter how complex the technical indicators are, they ultimately point to emotions; trading volume is the most direct reflection of market sentiment.
6. 'Nothing' is the highest realm. Without desire, fear, or attachment, one can live longer and endure periods of holding cash, thus qualifying to embrace major market trends.
Finally, remember: the biggest opponent in trading is yourself. Good and bad news, pushing and dumping are just external factors; what determines your fate are emotions, discipline, and mentality. The cryptocurrency world is not short of risks and opportunities; seeking victory amidst stability and rational layout is the only way to go further.
Remember, those who can win in the cryptocurrency world are not those who can pick the right people, but those who can survive. Now, I have repaired this road; will you walk it? #加密市场回调