$ETH From 50,000 to 20 million, 8 years of practical experience in cryptocurrency trading:

After 8 years of trading, I turned 50,000 into 20 million without relying on insider information or engaging in speculative bubbles, solely through a set of "dumb methods" that I diligently practiced for over 3,600 days. I treat trading like leveling up in a game, honing my skills and cultivating my mindset. Today, I share 6 pieces of valuable insights gained from hard-earned experience to help you understand and minimize losses, so you can outperform the majority.

• Rapid rise and slow decline, the institution is accumulating: After a sudden spike, if it slowly declines, don’t rush to cut losses; it’s just a washout. A true top will see a sudden spike followed by a waterfall sell-off, which is the real trap for buyers.

• Rapid decline and slow rise, the institution is unloading: After a sharp drop, if there’s a slow rebound, don’t try to catch the bottom; it might be the final cut. The idea of “it’s hit the bottom” is the most dangerous.

• Don’t rush to sell when there’s volume at the top; lack of volume is what really indicates a downturn: A high volume spike might indicate a second wave; if it suddenly has no volume like a ghost town, it’s time to run as a crash is imminent.

• Don’t rush in when there’s volume at the bottom; sustained volume is the signal: A single volume spike might be a false move; after a period of low volume consolidation, consistent gentle volume increases are the true signs of accumulation.

• Trading cryptocurrency is about mindset; the mindset is hidden in the “volume”: The candlestick chart shows the outcome, but the volume shows the plot. Volume shrinkage = nobody is playing; volume explosion = funds are entering. Understanding the volume is key to understanding market sentiment.

• “Nothingness” is the most powerful: No attachment, short when it’s time to short; no greed, don’t chase after rapid rises; no panic, be brave to buy on dips; this is the mastery of trading.

The crypto market is full of opportunities, but most people lose because they can’t control their hands and can’t see the market clearly. Don’t stumble around in the dark; I wish to be a lamp, helping you avoid unnecessary detours.