Among the people I’ve mentored, Aye is the wildest. An 85-born from Yunnan, three years ago he came to me with 100,000 U, his eyes blazing with fire; now he has 5.64 million U sitting in his account, and he has calmed down.
Don’t ask if there’s any insider information, and don’t talk about some divine bull guiding the way - it’s all based on the six 'local rules' that I forced him to stick to, which he forged through hard work.
Today, I’m laying out these six rules; each one can save you from losing a hundred thousand U.
Rapid rises and slow declines, the dealer is 'sifting sand'.
A sudden surge followed by a slow drop isn’t about unloading stock; it’s the dealer shaking off the timid.
If it really reaches the top, it will crash down like a waterfall after a crazy surge in volume; that would be the bait to get you hooked. A flash crash with a slow rebound means the dealer is 'clearing inventory'.
Suddenly creating a big pit, then slowly bouncing back up, looks like picking up a bargain? In reality, the dealer is slowly offloading stock.
Don’t be foolishly pondering 'how much lower can it drop after falling this much'; that last cut is specifically meant to catch those looking to bottom fish. A lively top isn’t necessarily a bad thing; it’s the cooling down that’s deadly.
The high position is still noisy, with significant trading volume, indicating that there are still people rushing in; if it suddenly becomes quiet with no volume, that is a prelude to a crash, hurry and run, don’t look back. Don’t be too quick to shout 'bottom' when there’s volume at the bottom; it only counts if the volume continues.
A single volume spike might be the dealer testing the waters; to really build a position, there needs to be a series of days with increasing volume, and it has to be preceded by a long phase of low volume sideways movement; that’s the real action. Trading coins is about the human heart, and the human heart is hidden within the volume.
The K-line chart shows you the results, but trading volume is the market's real heartbeat. When the volume shrinks to almost nothing, the market is about to choke; when the volume explodes, it shows that funds are pouring in crazily.
'Nothing' is the ultimate skill that conquers the world.
No obsession - when it’s time to hold cash, the account is cleaner than the face; no greed - no matter how fiercely it rises, never reach for what shouldn’t be chased; no fear - no matter how badly it drops, dare to make a big move when it's the right time.
This isn’t about seeing through the worldly affairs, it’s the real skill of locking in risk.
Aye once said: before, I stumbled around alone in the dark, head bleeding; now I have the light in my hand, and I can see the path clearly. This light keeps shining, do you want to come over and walk together?
Keep a continuous watch; AIOT BROCCOLIF3B MYRO CARV$BTC $ETH $BNB
