Stop believing in the nonsense of 'getting rich overnight'! As a seasoned player in the digital asset secondary market for 8 years, what I can showcase is not how much I've earned, but the fact that I managed to grow from 6000 to 900000 in profits without being eliminated by the market. There's so much to say, it's all tears. I almost lost everything in between, leading to misunderstandings with my family and nearly losing my marriage.
No inside information, no big shots leading the way, and I didn't hit that kind of insane upward trend. I managed to survive solely relying on a set of 'not-so-smart' clumsy methods that I have used repeatedly for 2920 days. To put it bluntly, trading is like leveling up in a game; you can't rush it. It's all about mentality and skills. Today, I'm not holding back. I'm sharing with you 6 lessons that I learned the hard way with real money. Understand just one, and you'll save at least tens of thousands; if you can grasp three, you're already more stable than 80% of retail investors!
1. Rapid rise, slow fall? Don't panic, the main players are 'secretly hoarding stocks.'
Many novices panic as soon as they see the market surge sharply, followed by a slow decline, fearing being trapped and quickly cutting their losses. Brother, you've fallen into the main players' trap! This kind of 'sharp rise and slow fall' trend is mostly the main players washing out those who can't hold on, quietly accumulating shares.
The real peak is not like this; where is the peak? It's when there is a sudden surge in volume that pulls up sharply, followed by a 'crash' in waterfall-style decline, giving you no chance to react, just waiting for retail investors to take over. Remember, slow declines are not scary; what's scary is scaring yourself and handing over your shares to the main players for free.
2. Rapid fall, slow rise? Be cautious! This is the final blow.
Have you ever encountered a situation where the market suddenly crashes, then slowly rebounds, looking like a good opportunity to pick up bargains? My advice is, don't reach out! This is likely the main players quietly offloading their stocks, and the so-called rebound is just giving you a false impression of the last chance to 'board the train,' while actually cutting the last wave of retail investors.
Many retail investors have a fatal misconception: 'It's dropped this much already, how much lower can it go?' It's this thought that causes countless people to stumble. The market never has a bottom; there's only lower. Don't go against the trend; otherwise, the one losing out will be you.
3. A surge at the top is not scary; lack of volume is the real danger.
Many people are terrified when they see a surge at a high position, thinking a crash is imminent. In fact, it's not the case; if there is still volume at a high position, it means capital is still in play, and it might still surge again. What you should truly be cautious about is when there is suddenly no volume at a high position.
Imagine that after the market rises to a high position, it suddenly becomes quiet, and volume shrinks directly. This means that no one is willing to enter and take over, and the main players can't offload their stocks. What follows is likely to be a significant drop. It's like a party; when there are many people, it can still be lively for a while, but when everyone leaves, all that's left is silence.
4. Don't act impulsively on a surge at the bottom; continuous surges are more reliable.
Is it always an opportunity when there is a surge at the bottom? Not necessarily! A single surge may just be bait thrown by the main players to lure retail investors in, only to then smash the market down hard. I've seen too many retail investors rush in when they see a surge at the bottom, only to end up trapped halfway up the mountain.
What does a real building opportunity look like? It needs to oscillate for a period, then show continuous surges for several days. This indicates that the main players are genuinely optimistic about this position and are starting to enter the market on a large scale. Only then should you take action for a higher win rate. Remember, trading is not gambling; don't think about relying on luck to pick up bargains.
5. The essence of trading is to stir human emotions, and emotions are hidden in the volume.
Many people focus on K-lines every day but overlook the most critical aspect: volume. K-lines are just the result; volume is the 'emotional gauge' of the market. If volume is low, it indicates that no one is interested in participating anymore, and the market is likely to consolidate; if volume suddenly spikes, it means real capital is flowing in, and the market may change direction.
Simply put, trading is a game between people; no matter how hard it is to guess the thoughts of the main players, they will reveal themselves through volume. Once you understand volume, you understand the emotions of the market, and making money naturally becomes much easier.
6. The highest realm is 'nothingness,' and mindset is the key to victory.
I've seen too many technically skilled experts ultimately fail due to their mindset. The highest realm of trading is not how many indicators or techniques you have mastered, but 'nothingness.' No obsession, if it's time to be in cash, be in cash without greed; when it's time to act, act without panic.
This is not about lying flat; it's about honing your trading mindset. I once lost a lot because I was too greedy, thinking I could earn a bit more instead of taking profits, and nearly gave back all my previous earnings, making my family worry as well. Later, I realized that preserving capital and stabilizing my mindset is more important than anything else.
The above six points are lessons I've learned from falling into countless traps and paying many tuition fees. In this market, surviving is more important than anything else; minimizing losses is a gain. If you find these insights useful, be sure to follow me @男神说币 ! I will break down my 'simple methods' into detailed tutorials, teaching you step by step how to avoid pitfalls from building positions to taking profits. If you have any trading questions, feel free to leave a comment; I will respond to each one carefully! After all, in this market, we can go further by sticking together for warmth~ #加密市场反弹 $BTC
