oyxfang

After reading this, I guarantee you can avoid thirty years of detours. There are a total of 30 items, exclusive to the cryptocurrency world. Not the stock market, but professional cryptocurrency.

Pinned at the top, or ⬇️

$BTC
#比特币价格走势分析

In 2017, I entered the market with 100,000, relying not on connections or inside information, but solely on relentless K-line analysis and a stable mindset, and I managed to grow my account to 1,500,000. Now I finally understand that there is no such thing as getting rich overnight in the cryptocurrency world; it all relies on skills and mindset developed through persistence.

Today, I am sharing the pitfalls I encountered and the experiences I summarized over the past two years with you all. New friends must remember these!

First, the rise and fall of the market always has its patterns. Remember these key points to help you avoid detours:
Don’t rush to cut losses during sharp rises and slow declines: Did it suddenly surge and then start to decline? Don’t panic; this is likely the big players “gobbling up” shares. The real top is characterized by a sudden spike followed by a waterfall pattern; that signals a harvest.
Don’t bottom fish during sharp declines and slow rebounds: After a sharp drop, don’t think it’s an opportunity. This is actually the big players “offloading” shares. Don’t be deceived by the fantasy of “quickly hitting the bottom”; bottom fishing midway is the worst.
Don’t panic during high volume at the top: High volume at elevated prices isn’t necessarily a peak; there may still be a second wave. The real danger is when the volume suddenly shrinks, creating a ghost town-like stillness; that is a precursor to a crash.
Don’t rush into high volume at the bottom: A single large bullish candle with volume is mostly a false move. Pay attention to continuous mild volume after a period of low volume consolidation; that is a good opportunity to enter steadily.
Understand volume and read market sentiment: K-lines are the result; volume tells the story behind it. Decreased volume indicates a cold market with no participants; explosive volume shows that funds are entering, excitement has returned, and the volume reflects people's sentiments.

The mindset rules of experts:
No obsession: Stay out of the market when necessary; don’t stubbornly fight the trend;
No greed: Don’t chase after wildly rising coins; earn within your understanding;
No panic: Dare to buy when it reaches the bottom; don’t let emotions drive you.

Finally, to be honest: The market is never wrong; only our judgments are. The cryptocurrency world doesn’t require you to predict the future; as long as you can maintain a stable mindset and survive to the next market cycle, you have already won most of the battle.

This is my personal insight. A fan from Shandong, following the experiences I shared, achieved zero losses in July this year.

If you need such techniques, feel free to come and claim them.

#coai #bio

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