I am Qiongqi, the gold devourer. I am from Hunan and currently live in Dali. I have been trading cryptocurrencies for 7 years, turning a principal of 50,000 into 7 million. I have encountered every pitfall in the market and seen through all the tricks of the market makers. Today, these six iron rules, which I have exchanged for real money, are given to you for free. Understanding one of them is worth 100,000 in tuition; mastering three will crush 90% of retail investors! $BTC

Six rules of gold devouring, etched in my bones:

After a surge, don’t panic and cut losses! Is the price of the coin soaring and then gradually declining? This is mostly a market maker washing the plate, specifically to scare beginners. The real danger is the kind of sharp drop after a surge (“snap” straight drop), which is a trap to lure you into buying high!

After a sharp drop, don’t get greedy and try to catch the bottom! Is the price of the coin plummeting and then rebounding slightly? Stop! The market maker is secretly selling! If it has dropped significantly, expecting a rebound is a fantasy! This kind of weak rebound specifically traps “smart bottom catchers.” $ETH

If there is still trading volume at a high position, hold on; if the volume shrinks at a high position, run quickly! If the price is high but trading is still lively (increased volume), there might still be hope. But if the trading volume at a high position is stagnant (decreased volume), run immediately! No one is taking over; a crash can happen at any moment!

Don’t believe sudden single-day explosive volume at the bottom; continuous increasing volume is the real deal! Did the trading volume suddenly spike after a drop? Don’t get excited! It could be a false move to trick you. The real bottom signal is: after a thorough drop, it consolidates for a long time, and then the trading volume gradually increases for several days! This is when the big money enters!

Trading cryptocurrencies is about human psychology! Money (volume) is more important than price! When you look at candlesticks, it’s essentially observing how a group of people goes crazy. Trading volume reflects the intensity of that madness. Price? It’s just a dog being led by money (emotions)! Money comes in first (increased volume), then the price moves. Don’t get it wrong! (Core idea: volume is the cause, price is the effect)

The highest state is encapsulated in one word: “Nothing”!

No obsession: Only then can you go into cash and patiently wait for that killer opportunity! (When the market is unclear, I stay in cash and watch the show)

No greed: Only then will you not chase highs and seek death!

No fear: When the market panics and crashes, only then dare you to catch the bloody chips!

This isn’t being zen; it’s a top-tier mindset—you must be tough and calm enough to deserve it!

Opportunities are always there! Follow Qiongqi, analyze the market every day, plan strategies in advance, and help you avoid the pitfalls I have encountered! #币安HODLer空投PLUME