I am 36 years old and have been involved in the cryptocurrency space since I was 25. After years of ups and downs, by 2024 - 2025, my assets successfully surpassed seven figures, and my net worth is now over 9 million.
Now, I only need to monitor the market, make a few contracts each day, occasionally plan meticulously, and I no longer have to worry about money when I go out. My life is basically free of troubles. Moreover, I have hardly ever engaged in business disputes, so I have very few worries.
Through these years of navigating the cryptocurrency space, I have come to deeply understand that mindset is far more important than skills. Today, I will share the six iron rules of the cryptocurrency space that I have summarized. Understanding one of them could save you a hundred thousand; following three of them will put you ahead of 90% of retail investors.
First, a fast rise and slow fall indicates that the market makers are quietly accumulating. Don’t rush to exit; a rapid surge followed by a slow pullback is often a washout, not a peak. What you need to be truly cautious about is a rapid decline following a significant price increase, as that may be a trap for the unwary.
Second, a fast fall and slow rise indicates that the market makers are unloading. A sudden price crash followed by a slow rebound should not be mistaken as a good buying opportunity; this may very well be the last wave of a trap for the unwary. Don’t hold the illusion that "it has already fallen so much, can it still drop?"
Third, high volume at the peak is not necessarily dangerous; low volume is truly frightening. If the price rises to a high point with sustained high volume, there may still be opportunities for further gains; but if the high point is stagnant and low volume, you should be careful of a crash.
Fourth, do not be impulsive with high volume at the bottom; sustained high volume is what is reliable. A one-time high volume may be bait; pay attention to consecutive days of high volume, especially after a period of low-volume fluctuations, as this is a signal to build positions.
Fifth, trading cryptocurrencies is about emotions; both rises and falls are hidden in the "volume." Don’t just focus on K-lines; trading volume is the mirror of market consensus, and price is merely its reflection.
Sixth, "nothing" is the highest realm in the cryptocurrency space. Without attachment, you can hold cash; without greed, you don’t chase high prices; without fear, you dare to take action. This is not about being indifferent; it is the strongest mental quality for trading.
The market is not lacking in opportunities; what is lacking is a clear mind and someone who can help you grasp the rhythm.
@加密大师兄888 is willing to be that guiding light, illuminating your path ahead.