Post-90s Crypto Veteran: From 190,000 to 7,000,000 in 4 Years, Relying Only on a 'Stupid' Method
I am 34 years old this year, from Suzhou, Jiangsu Province, currently living in Wuhan. I own two villas, one for my family and one for myself. I have been trading cryptocurrencies for 4 years, turning an initial capital of 190,000 into 7,000,000, without relying on insider information or luck, but solely on a 'stupid method'.
Now, I will share my 1,460 days of experience with you for free.
Today, I will reveal these 6 iron laws of the crypto world from the bottom of my heart. If you understand one, you can avoid losing 100,000; if you can do three, you have already surpassed 90% of retail investors.
First Law: Rapid increases and slow decreases indicate that the big players are quietly accumulating.
Don't rush to exit. A quick surge followed by a slow pullback is not a peak; it is a distribution phase. What is concerning is a rapid drop after a significant increase, which is a trap for buyers.
Second Law: Rapid decreases and slow increases indicate that the big players are fleeing.
When prices crash quickly and then rebound slowly, it’s not an opportunity to buy cheap; it’s the last wave to lure in buyers. Don’t hold onto the illusion of "it has dropped so much, can it drop further?"
Third Law: High volume at the top doesn’t necessarily mean a crash; low volume is truly dangerous.
If there is continuous high volume at a peak, there may still be a chance for another surge; but if the market is dead and volume is low at a high point, be cautious of a collapse.
Fourth Law: Don’t get excited about volume at the bottom; continuous volume is more reliable.
One-time volume spikes are bait. Watch for sustained volume over multiple days, especially after a period of low volume consolidation; that’s a signal to build a position.
Fifth Law: Trading cryptocurrencies is about trading emotions; price movements are all reflected in volume.
You think you should focus on candlestick charts, but you should actually focus on market sentiment. Trading volume is a mirror of consensus, and price is merely a reflection.
Sixth Law: 'Nothing' is the ultimate realm of the crypto world.
No attachment, able to hold cash; no greed, not chasing highs; no fear, willing to take action. This is not being passive; it’s the strongest trading psychological quality.
There are always opportunities in the market; what’s lacking is your ability to control your hands and see the situation clearly. What can truly help you break free is someone who can guide you to see the rhythm and point you in the right direction.
It’s not that you’re not fast enough; it’s that you are stumbling around in the dark alone. Brother Jie has always been there, the light is right in front of you, and if you don’t keep up, you will forever be trapped in the darkness.