Shocking 😲, this person actually made 50,000U from 5,000U!
I've been through the pitfalls in this industry, and I’ve seen the tricks. Today, I’m sharing the real deal: six hard-earned lessons. Understanding just one can save you 100,000, and if you follow three, you'll surpass 90% of retail investors.
1. Rapid rises and slow declines, don’t rush to sell
Did the coin price suddenly skyrocket and then slowly decline? Don't panic, this is often the big players shaking out weak hands, specifically to scare off those who can't hold on. The real danger is when there’s a sudden crash after a spike—that’s the classic trap for retail investors.
2. Rapid declines and slow rises, don’t rush to catch the bottom
Is the coin price crashing and then rebounding like a snail? Don’t get tempted to catch the bottom! This is usually the main players offloading their positions. Just because it fell a lot doesn’t mean it should rise; the last wave is a false rebound aimed at those who think they’re clever.
3. High volume at a high price can still rise, low volume at a high price means run
When the coin price rises to a high level but the trading volume is increasing, it indicates that more funds are entering—there may still be a surge. But if the price is high and the volume is sluggish? Run fast; if no one is buying, a crash can happen in an instant.
4. Volume at the bottom shouldn’t excite you; sustained volume is the real signal
If the coin price has been falling for a long time and suddenly rebounds with huge volume, don’t celebrate too early; it might just be a short-term trap. The true bottom signal is when there’s a period of low volume consolidation followed by several days of increasing volume—that’s when the big players are accumulating.
5. Trading coins is about trading human nature; volume is more important than price
You think you’re analyzing candlesticks? Actually, you’re studying human nature. Trading volume represents market sentiment, while price is merely the result. Overheated emotions will correct, while low emotions present opportunities.
6. The highest state is 'nothing'
No attachment: Don't stubbornly hold bullish or bearish views; if you should be in cash, be in cash.
No greed: Don’t chase highs, don’t fantasize about getting rich overnight.
No fear: Be brave enough to buy during crashes and sell during craziness.
This isn’t a passive mindset; it’s a top-tier trading mentality.
Summary: There are always opportunities in the market, but most people lose due to mindset. Follow me for daily practical strategies to help you avoid detours. — Lao Liang, a veteran in the crypto world who turned 5,000U into 50,000U $BTC #中国加密新规
