How much U do I need to earn to say to you, long time no see.
At 38 years old, living in Shanghai, with 6 apartments, 3 luxury cars, and assets in eight figures.
$WIN 8 I first got involved in the crypto space years ago, back then I was just a complete novice, the 50,000 U I initially invested disappeared in no time, experiencing liquidation and zeroing out, and even encountering a runaway exchange...
I’ve stepped into almost every pitfall. The worst part was that even my girlfriend left me, and I could only drown my sorrows in alcohol, feeling depressed and almost giving up.
But surprisingly, I managed to avoid the "black swan" event on March 12, 2018: on that day, many people went bankrupt, but I instead saw hope.
The market is absurd like this, akin to gambling.
Some people turned 2,000 yuan into tens of millions, while I had to persist, relying on reviewing past performances and adjusting my mindset, gradually pulling through.
In the past, I thought it was all luck, but looking back, surviving to today relies on a seemingly clumsy but definitely effective set of rules.
1️⃣ Rapid rise, slow fall = the big players are accumulating.
If the price rises sharply and then falls back slowly, it's usually the big players harvesting chips. The real peak is often followed by a sudden crash after a violent surge.
2️⃣ Rapid fall, slow rise = the big players are dumping.
If there's a very slow rebound after a flash crash, don’t rush to pick up bargains. This is often the final trap.
3️⃣ High volume at the top doesn't necessarily mean it's over; low volume is the most dangerous.
If the price is still increasing with volume, it might continue to rise; once there's no transaction volume, that’s the real sign of an impending crash.
4️⃣ Don’t rush with high volume at the bottom; sustained volume is more reliable.
A single spike in volume could be bait; only sustained volume is a true breakthrough signal.
These rules were not learned from books but came from repeated liquidations and reviews.
In the crypto world, while others are greedy chasing highs and selling lows, you must learn to control yourself and not be led astray by the market noise.
Whether you can make money depends not on your luck, but on whether you can grasp the correct rhythm.
Many people, like I was back then, think about recovering their capital quickly; the more anxious, the more they lose.
And I finally understand, the market will always come back, but the rhythm waits for no one.
If you don’t know how to time the market, you can find Master Chen, who analyzes in real-time for 25 hours a day, providing the best entry points. #ETH走势分析 #加密市场观察
