After seven years in the crypto space, going from 50,000 to 7 million, these experiences gained through losing money are laid bare! No nonsense.
When the price of a coin skyrockets and then slowly declines, don’t rush to sell!
This is most likely the main force washing out positions, messing with retail investor psychology. What’s truly dangerous is that kind of movement where it surges 40% in a day and then gets cut in half in three hours; that’s the bait-and-switch trap specifically designed to catch those chasing highs.
When the price of a coin drops sharply and then slowly rebounds, don’t rush to buy the dip!
Such weak rebounds are often just a smokescreen for the main force to offload their positions. Don’t think, "It has dropped so much that it should go up now"; the final phase of a fake rebound is meant to trap those who consider themselves "experts".
Don’t panic if there’s continued volume at a high level, but run quickly if there’s a drop in volume!
If the price is high and the volume keeps increasing, there may still be room for further gains; but if the volume suddenly stagnates at a high level, like a stagnant pond, you must decisively retreat! Remember: volume at the top may indicate survival, while reduced volume at the bottom is the true bottom.
Don’t get excited by sudden explosive volume at the bottom; continuous volume is the real signal!
If the price drops to a low level and suddenly there's a big bullish or bearish candle with volume, don’t rush to cheer or panic; it may be a deliberate setup by the main force. The key is to look for continuous volume, especially after a long period of low volume in a sideways market, with several consecutive days of volume; that’s the signal that the main force is truly accumulating.
Trading crypto is about human psychology, focus on volume, not price!
Don’t think you can make money just by looking at candlesticks; fundamentally, it’s about how a group of people goes wild. Trading volume is the mirror of emotions; price is merely a byproduct of those emotions. For instance, before the PEPE surge in 2025, on-chain trading volume increased by over 200% for seven consecutive days before the price followed suit.
To be frank:
The crypto space has never lacked trends and opportunities; what it lacks is the ability to see through the main force's tricks and the discipline to stay steady even when losing money. Understanding one of these five pieces of advice means you didn’t pay tuition in vain; if you can apply three, I can say you are better than 90% of the retail investors!
Blindly going solo will never bring opportunities; tap on my profile and follow me, and I will guide you to explore tenfold potential coins! Top-tier resources!
