I am 32 years old this year, started trading cryptocurrencies at 22. After years of ups and downs, day and night watching the market, I went from losing 50,000 yuan to only having 2,000 yuan left. Later, I borrowed from many credit card platforms and gradually turned it around to an eight-digit fortune.
As a veteran trader with 10 years of experience in cryptocurrency trading, I am not afraid of storms, have survived through bull and bear markets, and the key to my survival in the market lies in these 5 laws! They are the accumulation of my years of experience! Take your time to read through them, fill in the gaps, and I believe you will gain something!
1. Rapid rise and slow fall indicate accumulation.
A quick rise but a slow fall indicates that the market maker is accumulating chips in preparation for the next round of increases.
2. Rapid fall and slow rise indicate distribution.
A quick fall but a slow rise means that the market maker is gradually selling off, and the market is about to enter a downward cycle.
3. Don't sell at the top with high volume, but run quickly when there's no volume at the top.
High trading volume at the top may indicate further increases; however, if the trading volume at the top shrinks, it indicates insufficient upward momentum, and it's best to exit quickly.
4. Don't buy at the bottom with high volume, but you can buy when there's continuous volume.
High volume at the bottom may be a continuation of the downtrend that needs observation; continuous volume indicates that funds are continuously flowing in, and buying can be considered.
5. Trading cryptocurrencies is about trading emotions; consensus is reflected in trading volume.
Market sentiment determines the price fluctuations of cryptocurrencies, and trading volume reflects market consensus and investor behavior!
Changing even a little is not cool at all and can even be filled with pain.
Every step forward, every lift of the leg, is accompanied by soreness. To tear off the old muscle, one must grow stronger muscles. To shatter the original cognition, one must reconstruct a new self.
The cycle of charging forward and fleeing in panic plays out repeatedly, and it’s too hard to endure; ordinary people simply can't take it. Even worse, some people don't even have the opportunity to change.
Respect the market, keep learning and researching deeply, continuously optimize systems and learn new knowledge, and never think you are invincible! Only by remaining vigilant and considering different changes in conditions at all times can you become the final winner in this market!
If you stare at the market every day but still end up losing,
The phrase I say most often is: "It's not that you can't do it, it's that the method is wrong."
This rolling recovery model has been refined to perfection.
I can share it, but only with those who sincerely want to turn things around.
Serious inquiries only.