Cryptocurrency Veteran Financial Month: Six Survival Rules Refined Over Six Years, Understand Three to Avoid Detours
Late at night, staring at the K-line, I remember that stormy night three years ago: an 80,000 capital in the futures market shattered into pieces, cigarette butts scattered on the ground reflecting the blue light of the screen. Now with a 2 million account, these are the six survival rules carved with blood and tears.
Rule 1: Don't Panic During Rapid Rises and Slow Declines, Escape from the Guillotine
After the price rockets up and then falls slowly, don’t rush to cut losses—this is the “slow knife wash盘” by the market makers, scaring off impatient capital. The real danger is a vertical crash, like the ancient guillotine, which specifically targets those chasing after rising prices.
Rule 2: Don't Buy During Rapid Declines and Slow Rises, The Last Drop Locks You In
After a waterfall-like crash, if the rebound is like an old cow climbing a slope, put away your bottom-fishing hands—this is a “continuation of the decline,” where the market makers quietly offload during the rebound. Remember: the true bottom never gives people a chance to enter calmly, just like mice before an earthquake, which have long disappeared.
Rule 3: High Volume at High Levels Can Fly, Low Volume at High Levels Must Retreat
When the price surges, if it continues to have high volume, it indicates new capital is taking over or there may be a second wave. But if the volume shrinks at high levels, like a chicken being choked, it can fall at any moment. Trading volume is the oxygen tank for the market; without it, you must enter the ICU.
Rule 4: A Spike in Volume at the Bottom is False, Continuous Volume is True
After a long period of decline, if there’s a massive volume in one day, don’t rush to shout “bottom”—it may just be the market makers inducing buying, like a mirage in the desert. The true bottom requires sustained moderate volume, like bamboo shoots breaking through the soil, needing a long time to accumulate strength.
Rule 5: Price and Volume Reversed, Human Nature is the Core
The K-line is the skin, trading volume is the bone, and human nature is the soul. When retail investors focus on price, experts look at the capital flow behind trading volume. Price is a dog pulled by human nature, trading volume is that invisible rope.
Rule 6: Desire-less is Strongest, Waiting with No Position is Deadly
True experts often observe while the market is boiling. No obsession—don’t get tangled up in every fluctuation; no greed—don’t fantasize about capturing all profits; no fear—be bold with heavy positions when opportunities arise. This state of “nothing” is deadlier than any indicator.
Late at night, the crane in Dongguan is still turning, like the endless cycle of the cryptocurrency world. Remember: the market is never short of opportunities; what’s lacking is the clarity and composure amidst the bloody storm. Follow Financial Month, penetrate the fog—be greedy when others are fearful, and be fearful when others are greedy. #加密市场回调