From 100,000 to 42 million: How this veteran in the crypto world manipulates emotions and succeeds
The crypto world is an ATM; it all depends on whether you can control your emotions!
I know a veteran who started with 100,000 yuan and, through steady efforts, now has a market value exceeding 42 million. One concept he taught me enlightened me: the true winners in the crypto world are always those who can 'see through emotions'.
This veteran did not become rich through insider information or high-frequency hedging, but rather through a set of extremely disciplined strategic systems and a precise grasp of market emotional cycles, earning the dividend of time.
The operational maxims he summarized can be considered essential 'classics' in the crypto world; each one can help you gain an edge in the market more steadily.
1. Emotional & Technical Concurrent Operating Maxim:
Entry Strategy: Test the waters first, advance step by step; without recklessness, you can earn big money safely.
Horizontal Market Response: When in a low position, stay horizontal and buy the dip without hesitation; at a high position, break higher and exit quickly.
Volatility Rules: Sell at highs, dare to catch falls; watch and reduce operations during horizontal moves. The longer it stays horizontal, the sharper the rise; the faster the rise, the harsher the fall.
Buying and Selling Rhythm: Don't buy on a fall, don't sell on a rise. Buy on bearish candles, sell on bullish candles; going against human instinct is how to make money.
2. Practical Strategy Essentials:
Oscillation Trading Method: Suitable for 80% of market conditions, high sell and low buy in range trading, using Bollinger Bands + support and resistance, profit steadily without relying on luck.
Breakout Strategy: After a long period of consolidation, a breakout is an opportunity. Identify key volume candlesticks + patterns and follow the first breakout.
Trend Trading Method: Once a trend starts, following it is the way. Act in accordance with moving averages, avoid adding positions against the trend.
Resistance and Support Method: A standard for technical traders! Key positions react strongly; use moving averages, trend lines, and Bollinger Bands for precise entry points.
Retracement and Rebound Method: After a significant rise, a fall is inevitable; after a deep drop, a rebound is certain. Utilize candlestick patterns, MACD, or volume to pinpoint emotional thresholds.
Time Segment Strategy: Stable in the morning, induce buying/selling in the afternoon, explosive volume in the night session. For those who understand rhythm, time is a weapon!
