The method that is the "dumbest but most resilient" helped me start with 30,000 and reach 20 million
I am 38 years old this year, from Jiangxi, living in one house and renting out another.
In 2018, I entered the cryptocurrency market with 100,000 in savings, and it has multiplied dozens of times since then.
There are no insider tips, no shortcuts, and no overnight wealth;
what I rely on is a set of "dumb logic" that I have continuously reviewed and summarized over 8 years.
Today, I share this experience, hoping you can avoid a few pitfalls.
These 6 principles: if you understand just one, you can save yourself hundreds of thousands;
if you can truly adhere to three, you are already better than most.
First: Rapid rises and steady declines, don’t rush to leave
Many people rush to run when they see a surge, but sometimes the main force is just washing the盘:
first up, then sideways, making you doubt life, shaking you out.
The most dangerous is a direct crash after a surge in volume; that is when the bulls are slaughtered.
Second: Sharp declines and weak rebounds, don’t rush to catch the bottom
Don’t think that "it has already dropped a lot" means it won't drop any further— it can still fall.
The bottom in the crypto world is not what you guess; it is revealed through a crash.
A rapid drop + slight upward fluctuation is not an opportunity; it’s a trap.
Third: High volume at the top doesn't necessarily collapse; low volume is deadly
If prices rise with trading volume, at least there are still players;
what’s most feared is when the volume drops after a surge, not moving at all— then it’s precarious.
No heat is the true signal of a cold market.
Fourth: Don’t rush to charge after seeing high volume at the bottom, focus on continuity
One high volume bullish candlestick is not exciting; it could be a fishing line.
A real upward trend often involves several days of high volume after a period of consolidation.
Slow is fast; confirmation is safety.
Fifth: Volume speaks the truth; candlesticks are just a mask
How the currency price moves is determined by volume.
Candlesticks are results; volume is intent.
Only looking at candlesticks without considering volume is like driving blindfolded.
Sixth: The hardest is holding cash, not adding positions
If you can’t learn to wait, you will eventually explode.
The real skill is being able to stay still.
Doing less is winning; holding cash is a martial art.
Market opportunities are abundant every day; the rhythm depends on your mindset.
Opportunities in the crypto world are never scarce;
what you lack is a kind of "slow" wisdom.
I have walked through those pits and lit that lamp; now it’s your turn.
