That day, suddenly 320,000 appeared in my account, but I felt like my soul was sucked out, staring blankly at the screen.
Eight years in the cryptocurrency world, living in Hangzhou, my hair has thinned, my eye bags have thickened, my wallet has swelled, but my heart is empty.
320,000 is not much, but it brought me back to 2016: entering with 5,000 USD, rolling to 1,200,000 USD in four years, without insider information, without luck, relying on a "dumb method" — treating trading like a game, liquidations like resurrection coins, for 1,460 days, doing one thing every day: recording, reviewing, controlling my hands.
Today, I will publicly share these six notes written in blood; if you understand one, you'll lose 100,000 less; if you grasp three, you'll outperform 90% of retail investors.
1. Volume is the heartbeat
Price rises like climbing stairs, price falls like sliding down a slide — don’t rush to run, the main force is secretly accumulating;
Don’t get excited by rapid increases and slow decreases; a true peak must be accompanied by a waterfall of volume; the waterfall is the sound of the sickle hitting the ground.
2. Flash crashes are a stab, not a red envelope
A sharp drop and a slow rebound, that’s the main force attacking while retreating;
Don’t comfort yourself with "it can’t drop any deeper after falling so much"; it can, and often there are layers upon layers.
3. The quietest at the top is the most frightening
A spike in volume is not necessarily a peak, the lack of volume at a high is terrifying, like a KTV suddenly going silent in the middle of the night — the next second, a glass is about to be smashed.
4. The bottom must look at "continuity"
A single spike in volume may be a trap; only a subsequent spike after continuous contraction of volume is the main force revealing their position and building their position; whether to follow depends on your courage.
5. Candlestick charts are corpses, volume is body temperature
Candlestick charts are just results; trading volume is the thermometer on site;
When volume shrinks to suffocation, the market is left with ghosts; when volume suddenly surges, funds are like sharks smelling blood.
6. The last point: none
No obsession, dare to turn off the screen;
No greed, hands in pockets when chasing highs;
No fear, dare to buy when prices drop sharply.
This is not zen, but an instinct that crawls out of survivor’s bias.
The cryptocurrency world is never short of opportunities; what’s missing are those who wait for opportunities.
I’ll leave the light on; whether to go or not is up to you. #加密市场观察 #ETH走势分析 #美SEC推动加密创新监管
