$ZEC In half a year, I turned 8,000 U into 216,000 U. It may sound exaggerated, but it is all the result of gradual accumulation and solid operations.
There are no magical techniques, nor is there luck for overnight wealth; it’s just persistence in the market and adherence to the rules every day.
Today, I will share my insights and experiences from this period with you:
1: Rapid rises and slow declines are mostly consolidation.
If you see prices shooting up but the pullback is slow, don’t be in a hurry to sell.
This is often the market maker consolidating, aiming to scare off retail investors and collect chips.
The real peak is when: it rises sharply with volume, then suddenly plummets, catching you off guard.
2: After a sharp drop, a weak rebound means don't try to catch the bottom.
If the market has experienced a sharp decline and the rebound is weak, it indicates capital withdrawal.
You might think, "Since it has fallen so badly, it should rebound now?" This thought will likely lead you into a trap.
The tactics of the main players often don't give you a second chance.
3: High volume at high levels doesn’t necessarily mean it’s dead; low volume at high levels is dangerous.
If there is still trading volume at high levels, it indicates that market capital is still at play, and there may still be opportunities for reversals.
But if low volume stagnates at high levels, that is the most dangerous signal, indicating that capital has quietly withdrawn.
4: A sudden increase in volume at the bottom, don’t be too excited.
A single day of high volume doesn’t mean the market is about to take off; many times, it’s a method to lure in more buyers.
What to look for is the sustainability of the volume; if after a period of consolidation, the trading volume gradually increases, then it indicates that market capital is building positions.
5: Volume is the thermometer of market sentiment.
The shape of the K-line can show the direction of the market, but it is just the result.
Volume is the true intrinsic driving force of the market. Low volume indicates no participation, while high volume indicates capital is in action.
6: No strategy is better than having a strategy.
When you can stay out of the market, do so; when you can enter, act decisively.
Don’t chase highs and kill lows; don’t panic or act recklessly.
It seems simple, but it’s difficult to do, and very few can achieve it.
Opportunities in the crypto circle are always present; what’s lacking is a calm heart that can withstand pressure and eyes that can see through market trends.
You are not learning slowly; you just haven’t stepped out of the fog.
