friend of mine, a veteran of the crypto world from the 80s: From 400,000 to over 50 million in 7 years, relying solely on a simple method.
He is 42 years old this year, from Heilongjiang, owns 3 properties, one for his family, another rented out, and one he lives in. After 7 years of trading cryptocurrencies, his initial investment of 400,000 has grown to several tens of millions, without relying on insider information or luck, but solely on a 'simple method.'
Now I will share his experience for free with everyone.
【6 Major Laws of the Crypto World | Understanding them is worth more than learning ten techniques】:
1. Fast rises and slow declines = accumulation
A sharp rise and a slow decline indicate that large funds are secretly buying. Don't fear the drop; pay attention to the rhythm.
2. Fast declines and slow rises = distribution
A sharp drop followed by a weak rebound indicates that the big players are exiting. Don't be greedy for cheap prices; be careful of becoming the bag holder.
3. Volume at the top = possible continuation; no volume at the top = exit quickly
Volume determines direction; only with volume is there action; without volume, it is the end of the line.
4. Don't be impulsive with volume at the bottom; sustained volume is safe
A single volume spike may be bait; multiple volume spikes indicate consensus is forming.
5. Trading cryptocurrencies is about trading emotions; consensus determines direction
Forget the complex structure of candlestick charts; return to market psychology; volume is the mirror of consensus.
6. 'Nothing' equals everything
Without obsession, greed, or fear, there is a true winning rate.
Only those who can stay in cash and wait for opportunities deserve to have big market movements.
The last point: The only enemy in trading is yourself.
The data from the beautiful country, the announcements from Bi'an, the rising of the main force,
These pieces of information are just the surface; the real variable is the fluctuation in your heart.
$PENGU $UNI $SUI
#BTC returns to 110,000 #US stocks tokenization #特朗普马斯克分歧