A senior veteran in the cryptocurrency world from the post-90s explains: Using an "absurdly foolish" method for 3 years, I turned 30,000 USDT into 1,000,000 USDT
Many people think that making big money in the cryptocurrency world relies either on insider information or catching a bull market.
I am 35 years old, from Jiangxi, and started with only 50,000 USDT, achieving over 1,000,000 USDT in 3 years, not by luck, but by a set of "absurdly foolish" trading rules.
In these 3 years, I treated trading cryptocurrencies as leveling up by battling monsters. What I did every day was not predicting, but reviewing and waiting for opportunities.
I found that most people lose money not because they lack methods, but because they do not believe in "foolish methods."
My 6 rules: if you understand one, you can save 100,000; if you apply three, you can already outperform 90% of retail investors:
1. Rapid rises and slow declines indicate a market maker feeding on retail
Rapid rises and slow pullbacks are mostly washing out positions, so don't panic and run. The real peak is when there is a volume surge followed by an immediate waterfall; that's when they entice and harvest.
2. Flash crashes followed by rebounds are the last knife
If it falls quickly and rises slowly, it's mostly a "last flicker" after unloading. Don't ask, "Can it still fall?" Yes, it can, and it will.
3. No volume at the top is dangerous
If there is still volume at a high level, there might be another surge; if there is dead silence with no volume at a high level, that's the calm before the collapse.
4. Sustained volume increases at the bottom
A single day of volume increase might be bait; consecutive days of volume increase, especially after a period of shrinking volume and oscillation, is a true signal for building positions.
5. Volume is the thermometer of emotions
The candlestick chart is the result, while trading volume reflects the emotions of capital. Shrinking volume means no one is playing; explosive volume means funds are flowing in.
6. "Nothingness" is the ultimate state
No attachment, dare to hold cash; no greed, do not chase highs; no fear, dare to bottom fish. This is not a Zen mindset, but a top-level trading mentality.
Opportunities in the cryptocurrency world are never lacking; what’s lacking is your ability to control your hands and see the situation clearly.
Most people are not moving fast enough; they are stumbling around in the dark.
Rhythm is the light; direction is the road. Follow the right people, and you will find that the night is not that long.
