I've been trading cryptocurrencies for 10 years now, I'm 36, and my assets are in the 8-digit range. When I go out, I start with a hotel budget of two thousand.

This is not bragging, it's the truth. Compared to those around me, like those in manufacturing or e-commerce born in the 80s, I have it much easier.

In this day and age, it's too hard to turn your life around relying solely on a dead-end salary. I figured it out a decade ago and went all in on trading. I've suffered too many losses, and only now do I have the confidence.

I've seen too much in the market; I've experienced bull and bear markets, and I'm used to wild fluctuations. The reason I’m still here is that I strictly adhere to a few principles. It's not about having superior skills; it’s knowing when to hide and when to charge.

The most typical example is when something rises rapidly and falls slowly; don't chase it, that's the big players accumulating. Conversely, after a sharp drop, if there's a weak little rise, don't fantasize about bottom fishing; what you’re seeing is likely the big players selling off at high prices, tricking you into taking their bait.

Many people panic and sell when they suddenly see volume at the top; however, that isn’t necessarily a peak. Sometimes, it’s just the big players making one last push. But if it rises to a high level without volume, that’s when you should really run; if you don’t, you’ll end up being the last unfortunate one to get on board.

If there's volume at the bottom, don’t rush; a lot of it is just a trap for the greedy. The right time to enter is when it’s shown continuous volume for several days and can maintain its stability without dropping; that’s the signal to get in.

At the end of the day, trading cryptocurrencies is all about trading emotions. The market moves according to sentiment, and sentiment is reflected in trading volume. When you feel the urge to jump in, it’s usually when the big players are about to exit; when you feel scared and want to escape, they’ve likely already made their purchases.

This is how the crypto world works: it’s the same few types of people getting cut out over and over again. Those who get liquidated aren’t untalented; they just can’t control their impulses. Those who fantasize about getting rich quickly have been cleaned up by the market.

I don’t think I’m that great, but I’m always improving, always observing, and always learning. The money I’ve made isn’t due to luck, but rather through constant reviews, falling into traps, and adjusting my strategies. Those who rely on fantasies, signal groups, or luck won’t last more than six months in this market.

Now I rely on AI systems to run data, with a set of model strategies, following the rhythm to capture waves. To put it simply, the crypto market isn’t lacking in opportunities; it lacks people who can recognize those opportunities.

If you want to earn more, you need to follow the right people.

Don’t be a lamb for the slaughter anymore; in this day and age, those still relying on gut feelings to trade are having a tough time.

— A Zhen