Veteran in the cryptocurrency world born in the 90s, turning 300,000 into tens of millions in 8 years, using only a simple method

I am 28 years old this year, from Shanghai, currently living in Hong Kong, with two apartments, one for my family and one for myself. After 8 years of trading cryptocurrencies, my initial capital of 300,000 has grown to tens of millions, not relying on insider information or luck, but solely on a simple method.

Now I will share the experience of these 2880 days with you for free.

These 6 iron rules of the cryptocurrency world: if you understand one, you can save 100,000; if you can grasp three, you have already surpassed 90% of retail investors:

First rule: Rapid rise and slow decline means the market makers are quietly accumulating.

Don't rush to exit. A quick surge followed by a slow pullback is not a top but a washout. What’s frightening is a rapid decline after a volume surge, which is a trap for buyers.

Second rule: Rapid decline and slow rise means the market makers are running away.

When prices crash suddenly and then slowly rebound, it’s not a bargain opportunity but the last trap for buyers. Don’t hold on to the fantasy that it can’t drop any further after such a decline.

Third rule: High volume at the top doesn’t necessarily mean a collapse, but low volume is truly dangerous.

If the price rises to a high point with sustained high volume, there might still be another surge; but if it reaches a peak with no volume, then be cautious of a crash.

Fourth rule: Don’t get excited by volume at the bottom; sustained volume is what counts.

A one-time spike in volume is bait. What you should watch for is continuous volume over several days, especially after a period of low-volume fluctuations, which is a 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 watch the candlestick chart, but what you should really focus on is market sentiment. Trading volume is a mirror of consensus, while price is just a reflection.

Sixth rule: Being detached 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 about being Zen; it is the strongest psychological quality in 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 through is having someone to guide you in understanding the rhythm and pointing you in the right direction.