Post-90s Crypto Veteran: Earned 216,000 USDT from May to August, Relying Solely on a 'Simplest' Method
I am 32 years old this year, from Chenzhou, Hunan, and currently living in Zhongshan. I own two villas, one in my hometown and one in Zhongshan. I've been trading cryptocurrencies for 7 years, turning an initial capital of 50,000 into 7 million, without relying on insider information or luck, solely depending on a simple method.
Now, I will share the experiences of these 2,555 days with you for free.
Today, I will reveal these 6 iron rules of the crypto world, straight from the heart. If you understand one rule, you can avoid losing 100,000; if you can grasp three rules, you will surpass 90% of retail investors.
First Rule: Quick rises and slow declines mean the big players are quietly accumulating
Don’t rush to exit. A rapid surge followed by a slow pullback is not a top; it’s a consolidation. What’s worrying is a rapid drop after a quick rise, that’s a trap for more buyers.
Second Rule: Quick declines and slow rises mean the big players are exiting
A price flash crash followed by a slow rebound is not a buying opportunity; it’s the last wave of a trap for buyers. Don’t hold on to the illusion of “It’s already dropped so much, can it drop further?”
Third Rule: High volume at the top doesn’t necessarily mean a dead end; lack of volume is truly dangerous
If the price rises to a high level with sustained volume, it might still surge further; but if it reaches a peak with no volume, then caution is needed for a potential collapse.
Fourth Rule: Don’t get excited about volume at the bottom; sustained volume is what you can trust
A one-time surge in volume is bait. What you need to watch is continuous days of increasing volume, especially after a period of low volume consolidation, that’s the signal to build positions.
Fifth Rule: Trading cryptocurrencies is trading emotions; both rises and falls are reflected in 'volume'
You may think you should focus on candlesticks, but what you should really focus on is market sentiment. Trading volume is a mirror of consensus, while price is merely a reflection.
Sixth Rule: 'Nothing' is the ultimate state in the crypto world
No attachment, able to stay in cash; no greed, not chasing highs; no fear, daring to act. This isn’t a Zen mindset; it’s the strongest trading psychology.
The market never lacks opportunities; what’s lacking is your ability to control your actions and see the situation clearly. What can truly help you to navigate is someone who can guide you to see the rhythm and point the way.
You’re not moving too slowly; you’re just bumping around in the dark alone. The captain is always there, the light is right ahead; if you don’t keep up, you’ll remain stuck in the night forever! #暴富逻辑
There are no deities in the crypto world, only smart people who can read signals. The captain’s articles don’t boast or make empty promises; they only teach you practical survival skills. Follow the captain for daily strategies, and know in advance!