I am 35 years old this year, from Hunan, and now settled in Hong Kong. It's my tenth year of trading cryptocurrencies, starting with a capital of 50,000 when I was working, and growing it to 30 million.

In these 3600 days, I have been scammed, faced liquidation, and played by market makers countless times. Today, I present the six iron rules I have earned through ten years of blood and tears:

Understanding one can save you 100,000 in tuition fees; if you can truly grasp three, you have already surpassed 90% of the market.


1. Rapid rise and slow fall, don't panic and sell.

Does the price surge quickly and then decline slowly? Don't rush to cut losses, most likely it is just a shakeout.

In 2019, after ETH surged, I almost sold at the lowest point. Later I understood: the real danger is when there is a direct dump after a surge, that is the trap.


2. Rapid fall and slow bounce, don't reach out.

After a sharp drop, does the price crawl up slowly like a snail? Don't try to catch the bottom!

This is the market maker's tactic of pulling up while selling. In 2021, those who said 'it's fallen through' were all trapped by the fake rebound.

3. High volume at high positions is not scary; dead volume means you should run fast.

If a surge can also show volume, it means there is still money in the market;

But if there is no volume at a high position, you must run. In 2022, when LUNA was at 119 dollars, the trading volume shrank for three consecutive days, and I chose to clear my position. As a result, the project collapsed directly a week later.


4. Don't get excited by unusual movements at the bottom, continuous volume increase is what counts.

Did the price suddenly increase in volume at the low point? It may not really be the bottom.

When ETH dropped to 880 dollars last year and showed increased volume, I did not act. After two weeks of decreasing volume and then continuous increase, I entered the market at 1200 dollars. Three months later, it doubled.

Market makers never just make one move when building their positions.

5. Trading cryptocurrencies is trading human emotions, volume precedes price.

The candlestick chart is just the surface; the trading volume is the essence.

During that wave of counterfeit market in 2023, many people focused on chasing prices and selling on dips, but did not pay attention to the volume, and in the end, they were all harvested.

Remember this: price is a dog led by emotions, while volume is the leash that leads the dog.



6. The word 'none' is the highest rank

Without obsession, you can wait in an empty position;

Without greed, you will not get high;

Without fear, you dare to catch the knife when it falls.

In the 2023 bear market, I managed to stay in cash for three months, avoiding 90% of the decline, relying on this 'none'.


📌 Summary: Trading cryptocurrencies is not about being smart, but about patience and execution.

Every round in the market is harvesting greed and fear. If you can engrave these six iron rules into your bones, you are already on a completely different dimension from me seven years ago.

It's too hard to go solo in the crypto world! Without a reliable circle or insider information, it's as difficult as climbing to the sky to eat meat. Stick with me, and I'll help you stabilize your profits, come join my team!

Continuously follow: $BTC $ETH $SOL SOMI ONT XNY

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