From 100,000 to 20 million: 3 years of 6 practical insights on trading cryptocurrency
In 3 years, turning 100,000 into 20 million.
No insider information, not relying on bullish trends, solely relying on a set of "dumb methods" persistently for over 1,000 days.
Trading cryptocurrency is not about becoming rich overnight, but about leveling up: honing skills and cultivating mindset.
Here are 6 insights gained from real investments, hoping to help friends still on the journey👇
🔑 1. Sudden rise and slow fall = the operator is eating
Suddenly spiking and then slowly declining, don’t panic and sell; that’s likely just a washout. A real peak will see a “sharp rise + waterfall,” which is the final harvest.
🔑 2. Sudden drop and slow rise = the operator is unloading
After a sharp drop, slowly rebounding, don’t rush to buy the dip. That’s often the last cut; the fantasy of “hitting the bottom” is the most dangerous.
🔑 3. Volume at the top ≠ immediate exit, no volume means you really should exit
High volume at highs may indicate a second wave. What’s truly terrifying is suddenly having no volume, like a ghost town, that’s a sign of an impending crash.
🔑 4. Volume at the bottom ≠ immediate surge, sustained volume is reliable
A single volume spike may be a false move. If there’s sustained gentle volume after a period of shrinking volume, that’s a true signal for building positions.
🔑 5. Understanding volume means understanding sentiment
Candlestick patterns are results; volume is the storyline. Volume shrinking = no one is playing; volume exploding = funds entering the market. The market's sentiment is hidden within the volume.
🔑 6. Cultivate to “nothing”
No attachment: short when needed;
No greed: don’t chase crazy rises;
No panic: be bold when prices drop.
Only by achieving “nothing” can one be a true master.
📌 In summary:
The market is always right; the only one who is wrong is yourself. #币圈生存法则 #新手感言