After seven years in Hong Kong, I turned 50,000 into 12 million, and transformed myself from a boy from Hunan into a 'Hong Kong drifter'.

2655 days and nights, tuition fully paid, today I will share six life-saving tips all at once. Remember: one tip is worth 100,000, and three tips can beat 90% of people.

1. Rapid rise, slow fall, don’t shake your hands

When the price of coins skyrockets and then gradually drops? Most likely it’s the big players washing their chips, causing your heart to race. In 2019, ETH jumped from 80 to 140 and then consolidated for two weeks. I sold my assets 0.1 seconds too late, and the next day it shot up 200. What’s deadly is the guillotine after a sharp spike — that’s the real bait.

2. Rapid fall, slow rebound, don’t be greedy

After the waterfall crash, if a small green candle slowly climbs? Never try to catch the bottom. During the 2021 Dogecoin drop from 0.7 to 0.2, three weak rebounds trapped a bunch of people trying to 'pick up bargains'. The big players sell, always giving you hope, then pull the net back in.

3. High volume at highs can stay; low volume at highs must run

If the price is sky-high and the volume continues to rise, it means someone is taking over; once the volume shrinks to a puddle, it’s countdown time. In 2022, LUNA was at 119 dollars, and after three days of a 70% volume drop, I cleared my position that night, and it hit zero seven days later.

4. Unusual activity at the bottom, take a closer look

A sudden spike in volume after a deep drop doesn’t necessarily mean a reversal. On the day ETH hit 880 dollars in 2022, I resisted the urge and waited for it to consolidate for two weeks before confirming continuous volume at 1200 dollars to buy in, doubling in three months. The big players won’t knock just once.

5. Volume precedes price, don’t be blind

The candlestick chart is the face of emotions, and volume is the heart of emotions. In 2023, a bunch of altcoins surged, prices looked good, but the volume was already empty, resulting in a sharp drop back to the starting point.

Remember: no matter how far the dog runs, the key is who holds the leash.

6. Nothing is the highest leverage

Without obsession, you can stay in cash waiting for the fatal blow; without greed, you won’t be standing guard on the mountaintop; without fear, you dare to catch the falling knife. Last year during the bear market, I stayed completely in cash for three months, avoiding 90% of the drop, relying on the principle of 'nothing'.

There are opportunities every day, what’s lacking is the ability to control your hands.

If you want to survive, first memorize these six sentences.

Tomorrow, I will continue to monitor the market and shout when the signal comes. @小花生说币