After 3 years of trading cryptocurrencies, starting with 100,000 and rolling it to 20 million, I didn't rely on insider information, didn't touch the bull market, all thanks to a set of 'simple methods' persevered for over 1000 days. Treat trading like leveling up in a game, honing skills and training mindset. Today, I share 6 insights earned from real money; understanding them helps to minimize losses and outperform the majority.
• Rapid rise and slow decline, the big players are accumulating: After a sudden spike, there is a slow downward trend, don't rush to cut losses, it’s just a washout; a real top will see a sudden spike followed by a waterfall sell-off, that is the bait for catching hands.
• Sudden drop and slow rise, the big players are unloading: After a sharp decline, there is a slow rebound, don't try to catch the bottom, it could be the final blow; the idea of 'the drop has reached its level' is the most dangerous.
• Don't rush to run when there is volume at the top, lack of volume means it's really going to drop: High volume at peaks may indicate a second wave; if suddenly there is no volume like a ghost town, run quickly, a crash is imminent.
• Don't rush to charge in when there is volume at the bottom, sustained volume is the signal: A single volume spike might be a false move; continuous moderate volume after a period of low volume is the real accumulation.
• Trading coins is about trading mindset, and mindset is hidden in 'volume': The K-line is the conclusion, volume is the plot. Volume contraction = no one is playing, volume explosion = funds are entering, understanding volume means understanding emotion.
• 'Nothing' is the most ruthless: No attachment, short when necessary; not greedy, not chasing rapid rises; not panicking, daring to buy during drops, that is true mastery.
The cryptocurrency market is not short of opportunities; most people lose by not controlling their hands and failing to see the market clearly. Don't wander in the dark, I wish to be a lamp, helping you take fewer detours.#比特币巨鲸换仓以太坊 #otc cash out