How much U do you need to earn to escape the past of the crypto world?
As a post-90s individual striving in Guangzhou, I have been in the crypto world for 8 years.
In the first 3 years, I was a naive rookie, facing liquidation, account wipeouts, and encountering runaway exchanges. The 50,000 U I had saved up was wiped clean overnight.
At my lowest point, my boyfriend of many years also chose to leave. I spent my days drowning my sorrows in alcohol but unexpectedly avoided the cataclysm on 3·12.
The market that day was absurd to the extreme, with BTC plummeting from 7900 U to 3800 U. Some went bankrupt overnight, others turned the tide, while I was left in a state of disarray.
The crypto world is never short of legends, with some turning 2000 yuan into millions. I didn't have that luck; I relied on perseverance, repeated reviews, and honing my mindset.
Now my account has finally climbed to eight figures. Many say I'm lucky, but they don't know I rely on four "life-saving" iron rules.
1. Sudden surges and slow declines hide tricks:
Just like a certain altcoin that suddenly surged from 0.05 U to 0.12 U not long ago, followed by a slow decline; this is mostly a smokescreen set by the market makers. Only a sudden death knell candlestick after a volume surge is the real signal of a peak.
2. Sudden drops and slow rises are traps:
A sluggish rebound after a flash crash is not a reversal but a guise for market makers to offload. Don’t rush in.
3. Volume at the top indicates authenticity:
High volume surges to new highs may not necessarily indicate a peak, but if there’s silence with no volume at high levels, a crash is often imminent.
4. Volume at the bottom indicates continuity:
A single volume spike may be a bait for excess, only sustained volume is a sign of market initiation.
Too many people in the crypto world blindly chase rising prices and cut losses, only to suffer greatly. Efforts made in the wrong direction will only lead to deeper troubles.
I managed to survive not because of luck, but because of the iron rules etched in my bones and a steady mindset!
Those who can survive in the market and still make a profit have always been the ones bold enough to extend their hands first.
