云肖

I am an old player who has experienced bull and bear markets. I once fainted in front of the computer after staring at the screen for 72 consecutive hours, and I have also faced a daily liquidation of 800,000. But what truly terrifies me is not the loss, but the realization that when I am trembling and refreshing the market at three in the morning, I feel a pathological excitement—The biggest trap in the crypto world is not the big players harvesting the small ones, but the precise exploitation of human weaknesses.
Wealth Illusion: The 'Chosen One' Dream Created by Survivorship Bias
Whenever you see news like 'Teen wins millions from Shiba Inu,' your brain automatically filters out the 99% of zero cases behind it. Data shows that in 2023, the number of global cryptocurrency users exceeded 300 million, but those who truly achieve stable profits are less than 5%.

This year, Bitcoin soared from $90,000 to a historical high of $126,000, but I advised against 8 fans who wanted to go all in on contracts—because back in May, I had already converted 50% of my position into stablecoins, avoiding the bloodbath of a 20% single-day drop in October.
As an experienced veteran who has gone through three rounds of bull and bear cycles, I deeply realize that: there can still be money made in the crypto world, but the way to do it has completely changed. The wild era where you could simply buy a coin and double your money is over. Now, making money relies on cognitive differences, information gaps, and execution differences.
New opportunities: compliant channels have opened up, but the threshold has been raised.

At three o'clock in the morning, the cold light of the screen hits my trembling fingers — the third liquidation is happening, and the account balance is disappearing at a rate of hundreds of U per second. I want to press 'close position', but it's like I've been frozen in place, only able to watch my two years of savings vanish. At that moment, I knew the most expensive lesson of my life had begun: the crypto world never eliminates capital, it only eliminates those who do not deserve to have capital.
Record of the liquidation night: What truly disappears when the numbers reset to zero?
I have seen too many people describe the physiological reactions after a liquidation: cold hands and feet, stomach cramps, sleepless nights. It is not just a loss, but the collapse of a belief system.

This weekend's market is reminiscent of the tranquility before the 2018 bear market—BTC is repeatedly oscillating between 89000 and 91000, with the Bollinger Bands on the 4-hour chart tightening more than my wallet. The essence of the weekend market: a 'false move' under liquidity exhaustion.
Whenever the weekend arrives, institutional funds collectively go offline, and the market becomes a playground for retail investors and quantitative machines. Data shows that the average trading volume on weekends is 40% lower than on weekdays, which explains why there are often strange price movements that 'spike and then retract.'
Key signal recognition:
A real breakthrough must be accompanied by a volume increase of over 200%, otherwise it is mostly a trap to lure in buyers.

The K-line on the screen is jumping wildly, yet I calmly press the stop-loss button—this is the 9th time this year I've actively cut losses, and it's key to my account surpassing 10 million. Ten years ago, I was like most retail investors: chasing highs and cutting losses, leveraging everything, sleepless from margin calls. Until I realized one thing: the true money printer in the crypto world is not predicting market trends, but managing positions.
The essence of rolling positions: run with profits, let the principal win effortlessly
Many people misunderstand rolling positions as 'continuously adding to positions', but it is actually the art of risk control. The core principle can be summed up in 8 characters: add positions with floating profits, zero risk on the principal.

I will never forget that night in March 2023: Bitcoin plunged 20% in half an hour, and my 10x long position was instantly liquidated. The loss displayed on the screen pierced my eyes painfully—800,000 principal reduced to zero, and I still owed the platform 200,000. At that moment, I realized that there are no myths in the cryptocurrency contract market, only trap manuals filled with blood and tears.
Today I will share 5 rules that helped me turn my fortunes around, and beginners can save at least a million in tuition after reading!
Trap 1: High leverage is a 'sweet poison'​
'Making quick money with 10x leverage' is the biggest lie! For every doubling of leverage, the probability of liquidation triples.

I am an old hand who has experienced bull and bear cycles. I once lost sleep due to contract liquidation, but I also achieved stable profits through a set of 'anti-human' strategies. Today, I won’t talk about the myth of getting rich quickly; instead, I will share the ultimate mindset that turned my repeated losses into an annualized return of 300%—the real secret in the crypto world is not to seize every opportunity but to give up on 99% of the market.
Spot is king: Why I firmly refuse to touch contracts?
Many new traders make huge profits from contracts, but the data does not lie: 95% of contract traders lose all their principal within 6 months.
Many of my friends who have achieved wealth leaps rely 90% on low-position spot layouts rather than high-leverage gambling.

When I first entered the cryptocurrency world, I was like most investors—staring at dozens of candlestick charts every day. A MACD golden cross would make me ecstatic, while a death cross would keep me up at night. As a result, after three years, not only did I lose the 200,000 yuan I had saved from working, but I also ended up in massive debt. During the worst times, even the lady downstairs selling pancakes asked me, 'Young man, do you want to buy a pancake on credit?'
Who would have thought that I could buy a 1800 square meter villa in Qianhai with a full payment today? It’s not based on any profound theory, but on four simple indicators that are so straightforward they could put analysts out of work! Today, I’ll share them with you, guaranteeing that newbies can get started after reading, and seasoned investors will be slapping their thighs!

While post-80s are still studying candlestick charts and post-90s are struggling with stop-loss points, a group of young people born in 2005 have already started making their first bucket of gold in the cryptocurrency market using their New Year's money. As someone who has experienced three cycles of bull and bear markets, I recently discovered an interesting phenomenon: post-00s are rapidly becoming the new main force in the cryptocurrency market. They dare to increase their positions when Dogecoin drops by 50%, and can decisively take profits after a 100-fold increase in obscure coins. Today, let's talk about why this generation of young people is braver than we were back then.
The three major reasons why post-00s are entering the cryptocurrency market.
The cost of trial and error is low; even if you lose, you can start over.
Most post-00s have not yet established families or careers, and do not have mortgage or car loan pressures. They invest with pocket money; losing doesn't affect their lives, and earning is their first bucket of gold.

Today, I won't talk about the myth of getting rich overnight, but share 10 iron rules that helped me survive—each one is a lesson learned with real money.
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1. Hold onto your low-priced chips, don't let the manipulators 'wash you out'​
The cruelest trick in the market is 'wash trading': creating panic through repeated fluctuations, forcing you to give up your chips.
My approach: As long as the fundamentals of the cryptocurrency remain unchanged (such as BTC halving, ETH upgrades), I will not cut losses if it falls within 20% of the cost line.
Example: When BTC fell from 60,000 to 40,000 in 2023, I insisted on dollar-cost averaging, and when the bull market rebounded to 80,000, my profits doubled
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2. The trend is the only ally; going against the trend = suicide​

When I first entered the crypto world, I also suffered daily losses—chasing highs and selling lows, heavily investing all at once, trusting 'teachers' for trading signals, and losing half a year's salary in a month. Until I woke up completely: the market never lacks opportunities; what it lacks is the ability to survive. Later, I started with 3000U and turned it into over 280,000 in six months. Today, I will share this three-step survival rule that helped me turn my fortunes around, free of charge.

Step 1: Stop the bleeding and split the warehouse (Newbie golden period 1-7 days)​

The fundamental reason for liquidation is not poor skills, but rather uncontrolled positions. My solution is the '33% split warehouse method':

70% of funds to buy spot: only invest in top five mainstream coins like BTC/ETH, avoiding coins ranked 3-10 (these are often 'altcoin trap zones').

I just scrolled past the one-hour chart of DOGE, and a chill ran down my back — that bearish candlestick was like a small knife, silently cutting through the key position of 0.1487. On the surface, it seems to have only dropped a little, but those in the know understand that this is often the quietest snowflake before the storm. I am Lingxi, a veteran who has paid too much tuition in the market; today, I won't say ambiguous things but will help you dissect the 'danger signals' inside and outside the chart.
News is celebrating while prices are crying: beware of 'favorable smoke bombs'
Recently, have you been frequently seeing news like 'new highs for active addresses' and 'certain giants submitting applications'? But the price has been quite honest — it has dropped. I am very familiar with this scene; it has repeated itself throughout history: when good news fails to drive prices up, it often means that someone is quietly leaving the scene, taking advantage of the optimistic sentiment. It's like a grand party where the host loudly announces free drinks, but there's a backdoor. Those invisible sell orders worth hundreds of millions per hour are the true language of the market.

I just took a quick look at ETH's 1-hour candlestick chart and found an interesting rhythm—prices are repeatedly bouncing around 3020, and the Bollinger Bands have contracted to the extreme, resembling the calm before the storm! As someone who has survived three rounds of bull and bear markets, I quickly wanted to share my personal market observation thoughts, purely for sharing and record-keeping, so you all can just take it as a reference~
1. Current market quick read
Contraction and fluctuation: The price has been moving sideways between 3000 and 3050 for 4 candlesticks, with trading volume continuously shrinking, indicating that both bulls and bears are waiting for a big move.
Key positions: Upper resistance at 3080 (previous high neck line), lower support at 2980 (recent low).

Why does it always lose money even when the direction is right? The answer may hurt you - most people's failure is not losing to the market, but losing to position.
Position allocation: 90% of funds as the 'ballast', 10% as the 'charge'.
I adhere to the '90/10 rule': 90% of funds for spot layout (betting on long-term value), 10% for flexible operations (capturing short-term opportunities).
The spot part is like building a foundation: building positions in batches to avoid buying at the top. I often use the '3-3-4' rhythm (the first 30% for testing the waters, adding 30% after confirming the trend, and investing another 40% after breaking key levels) to dilute costs and reduce risks.

Friends who have just entered the circle often share with me such 'highlight moments': trying contracts for the first time, casually opening positions, getting the direction right, doubling funds within a few days, and instantly feeling like the next myth in the crypto world. But the market will quickly teach a lesson: on the third day, the market changes dramatically, profits are rapidly given back, and the principal also starts to shrink, leaving only a deep sense of confusion.
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I have heard too many stories like this. The market never changes its rules because of personal confidence. Real profits are not based on momentary luck, but on a set of repeatable disciplined systems. Below are six practical rules I have summarized, hoping to help you avoid unnecessary detours.

Every time the market experiences a deep V-shaped rebound, there are always people shouting, 'The bull is back quickly,' but when they chase in, they find it's a 'dead cat bounce'—cutting losses at the ankles! As someone who has experienced both bull and bear markets, I have summarized a set of data-driven methods to distinguish the truth, which I will share with you today for free.
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Why are you always tricked by 'false rebounds'? Three major misconceptions revealed.
Misconception one: A large drop = bottom.
In May 2021, BTC fell from $64,000 to $30,000, and many exclaimed, 'The bottom must be bought,' but the price continued to decline to $17,500! The truth: a drop does not indicate a bottom; blindly buying the dip is like catching a falling knife.

Today we won't discuss metaphysics, just share the core timing rules that helped me transition from a 'liquidation player' to 'stable profits'—hit these rhythms, and you can outperform 90% of blind traders!
Leading coin relationship: BTC is the steering wheel, ETH is the accelerator.
BTC determines the overall trend: 80% of the market movements in the crypto world are dominated by Bitcoin; when it rises, altcoins have a chance; when it falls, 99% of coins must follow.
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The independence of ETH: Strong periods can lead to unilateral trends (like before upgrades), but for the most part, it still depends on BTC.
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Beginner strategy: Newcomers should focus on the daily trend of BTC first; only consider altcoins after BTC stabilizes above the 5-day line to avoid counter-trend operations!

No nonsense today, just sharing a set of time rules that helped me go from frequent losses to stable profits. Making money in the crypto world doesn't rely on brute force, but on rhythm—if you step in at the right timing, you can be ahead of most people!
1. Understand the 'Leading Effect': BTC is the barometer, ETH is the weather vane​
BTC determines the trend: 80% of the market in the crypto world is led by it; when it rises, altcoins have a chance; when it falls, 99% of coins must follow suit
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ETH's independence: during strong periods, it can follow a unilateral trend (like before upgrades), but most of the time it still looks to BTC for direction
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Beginner's strategy: Newcomers should focus on BTC trends first; only consider altcoins when BTC's daily line stabilizes above the 5-day line to avoid counter-trend operations!