东南链主
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Veteran from the cryptocurrency world born in the 90s, turned 300,000 into tens of millions in 8 years, relying solely on a simple method
I am 36 years old this year, from Guangzhou, with two apartments, one for my family and one for myself. I've been trading cryptocurrencies for 8 years, turning an initial investment of 300,000 into tens of millions, without relying on insider information or luck, but solely on a simple method.
Now I’m sharing the experience of these 2880 days with you for free.
These 6 iron rules of cryptocurrency trading: if you understand one, you can save yourself 100,000; if you can follow three, you will have surpassed 90% of retail investors:
First rule, rapid rises and slow declines indicate that the big players are quietly accumulating.
Don’t rush to exit. A rapid increase followed by a slow pullback doesn’t mean a peak, but rather a washout. What’s concerning is a rapid decline after a large increase; that is the real trap for the bulls.
Second rule, rapid declines and slow rises indicate that the big players are running away.
A sudden price crash followed by a slow rebound isn’t an opportunity to pick up bargains; it is the last wave of a trap for the bulls. Don’t hold onto the fantasy that after such a drop, it can’t fall further.
Third rule, a spike in volume at the top doesn’t necessarily mean a crash; a lack of volume is truly dangerous.
If the price rises to a high level with continuous volume, it might still surge; but if it reaches a peak with no volume, then be careful of a collapse.
Fourth rule, don’t get excited by volume at the bottom; persistent volume is reliable.
One-off volume is a bait. What you need to watch for is continuous volume over multiple days, especially after a period of reduced volume and consolidation; that is the signal to build a position.
Fifth rule, trading cryptocurrencies is about trading emotions; both rises and falls are reflected in the volume.
You think you should focus on the candlestick charts, but what you should really focus on is the market sentiment. Trading volume is the mirror of consensus, and prices merely reflect that.
Sixth rule, having no attachments is the ultimate state in the cryptocurrency world.
No obsession, able to hold cash; no greed, not chasing highs; no fear, willing to take action. This is not being detached; it is the strongest psychological quality for trading.
The market never lacks opportunities; what it lacks is your ability to control your hands and see the situation clearly. What can truly help you break free is having someone guide you to see the rhythm and point you in the right direction.
I am 36 years old this year, from Guangzhou, with two apartments, one for my family and one for myself. I've been trading cryptocurrencies for 8 years, turning an initial investment of 300,000 into tens of millions, without relying on insider information or luck, but solely on a simple method.
Now I’m sharing the experience of these 2880 days with you for free.
These 6 iron rules of cryptocurrency trading: if you understand one, you can save yourself 100,000; if you can follow three, you will have surpassed 90% of retail investors:
First rule, rapid rises and slow declines indicate that the big players are quietly accumulating.
Don’t rush to exit. A rapid increase followed by a slow pullback doesn’t mean a peak, but rather a washout. What’s concerning is a rapid decline after a large increase; that is the real trap for the bulls.
Second rule, rapid declines and slow rises indicate that the big players are running away.
A sudden price crash followed by a slow rebound isn’t an opportunity to pick up bargains; it is the last wave of a trap for the bulls. Don’t hold onto the fantasy that after such a drop, it can’t fall further.
Third rule, a spike in volume at the top doesn’t necessarily mean a crash; a lack of volume is truly dangerous.
If the price rises to a high level with continuous volume, it might still surge; but if it reaches a peak with no volume, then be careful of a collapse.
Fourth rule, don’t get excited by volume at the bottom; persistent volume is reliable.
One-off volume is a bait. What you need to watch for is continuous volume over multiple days, especially after a period of reduced volume and consolidation; that is the signal to build a position.
Fifth rule, trading cryptocurrencies is about trading emotions; both rises and falls are reflected in the volume.
You think you should focus on the candlestick charts, but what you should really focus on is the market sentiment. Trading volume is the mirror of consensus, and prices merely reflect that.
Sixth rule, having no attachments is the ultimate state in the cryptocurrency world.
No obsession, able to hold cash; no greed, not chasing highs; no fear, willing to take action. This is not being detached; it is the strongest psychological quality for trading.
The market never lacks opportunities; what it lacks is your ability to control your hands and see the situation clearly. What can truly help you break free is having someone guide you to see the rhythm and point you in the right direction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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