Are you also chasing the highs and lows in the crypto market? Watching others flaunt their doubled profits makes you envious and rush in, only to panic and sell at a loss during a crash, resulting in dwindling principal?
But there is a 41-year-old senior from Shanghai who spent more than ten years growing 300,000 to 12,000,000. He owns three properties for rental income and spends his days raising birds and enjoying tea, living as the 'sweeping monk' of the crypto circle—he is Brother Chen, whom I have been tracking for two years. As a crypto analyst deeply involved in the market for ten years, I have seen too many tragedies of people becoming rich only to fall back into poverty. Brother Chen's 'anti-human nature practice' is what ordinary investors should emulate!
When the market rises crazily, Brother Chen's "not being swayed" can be considered a breath of fresh air in the market. Two years ago, a certain crypto asset surged fivefold in a month, and the community was filled with celebrations of profits. People around him urged him to follow the trend, but he calmly said: "The essence of driving up prices is a liquidity trap; the main force inflates the bubble, waiting for retail investors to impulsively take over." At that time, I couldn’t help but doubt him, until that asset subsequently plummeted 90%, trapping countless high-buyers, that I understood his clarity.
In my opinion, the root of most retail investors' losses is being bound by the emotion of "fear of missing out." The crypto market never lacks opportunities to double your money, but 90% of surges are set up by the main forces — they raise prices to attract liquidity, and when retail investors rush in, they quietly unload their assets, leaving a mess behind. True wise investors understand that "opportunities are always there, but principal cannot be lost"; by controlling the urge to chase, they have already avoided the biggest pitfalls.
When the market crashes, Brother Chen's "not bottom-fishing" proves to be more skilled. Last year, the market remained sluggish, and many "masters" shouted that "the bottom has been reached," advising everyone to bottom-fish for bargains. He bluntly stated: "There is no bottom line in a bear market; the bottom you think is just an underground room, and below that room are eighteen layers of hell." It was only when the market stabilized with reduced volume that he gradually started to build positions, never greedy for the "bottom-fishing price difference."
Here’s a core insight: Judging the market's bottom and top, trading volume is more reliable than K-lines! At the top, we fear not the increased volume, but rather the lack of buyers — when the volume suddenly shrinks after a surge, it signals the main force exiting; at the bottom, we fear not the drop, but rather the complete lack of volume — only when the volume decreases and the market is sideways can we indicate that panic selling has exhausted, and funds will quietly build a bottom.
As an analyst who has witnessed several cycles of bull and bear markets, I firmly believe: the crypto market is not a casino, but a place for human nature cultivation. Those who shout out trading signals and flaunt profits every day are mostly just attracting traffic; the truly skilled individuals, like Brother Chen, can hold cash, be patient, and not be swayed by emotions.
Many people always say their skills are lacking, but in reality, it’s their mindset that hasn’t been cultivated properly. Chasing after rises and selling during drops is human instinct, but investing requires going against this instinct — being calm when others are greedy and being patient when others are fearful enables one to sit steadily in the fishing spot amidst fluctuations.
Brother Chen said, "The market is a place for cultivation," and I have remembered this phrase for two years. Now I share this counterintuitive insight with you; if you want to avoid 80% of the traps in the crypto market and transform from being "harvested" to "making steady profits," you must follow me.
