I am 35 years old, born and raised in Guangzhou, a veteran in the cryptocurrency circle, currently residing in Shenzhen.
In four years, I turned 30,000 USDT into 58 million USDT. There were no insider tips, I didn't catch the bull market, it was all thanks to a clumsy method of persistence.
Experiencing liquidations and stop losses was like having meals, after eight years, I finally figured out some tricks. For 1460 days, I did just one thing - treating trading like leveling up in a game.
Today, I won’t hold back, here are six ironclad rules: Understand one rule, you can lose 100,000 less; achieve three rules, you can beat 90% of retail investors.
🔥 Rule One: Volume Reflects Sentiment
If it rises quickly and falls slowly, it’s likely that the big players are secretly accumulating. Don’t rush to flee during rapid rises and slow declines; the real top is when a sudden waterfall occurs after a volume surge, that’s the signal for big players to harvest.
🔥 Rule Two: Flash Crashes are the Last Blow
If it drops quickly and rises slowly, it’s highly likely that the big players are selling off. A slow rebound after a flash crash isn’t an opportunity to pick up bargains, but rather the last bait from the big players. Don’t fantasize that “if it has dropped this much, it can still drop,” I tell you - it can still drop.
🔥 Rule Three: Low Volume at High Levels is Most Dangerous
A volume surge at the top doesn’t necessarily mean it’s over; a silent high without volume is what’s truly terrifying. Low volume at high levels is like the calm before a storm; when it collapses, it will be more brutal.
🔥 Rule Four: Watch for Continuation at the Bottom
Don’t rush in when there’s volume at the bottom; a single surge might be bait thrown by the big players. Only after a series of decreasing volume and fluctuations followed by a surge is it a true signal for establishing a position.
🔥 Rule Five: Candlesticks are Results, Volume is the Thermometer
Trading cryptocurrencies is all about emotion, and emotion is entirely reflected in the trading volume. When volume shrinks, no one is participating; when volume explodes, funds are flooding in.
🔥 Rule Six: Emptiness is the Highest Realm
No attachment, dare to hold no positions; no greed, don’t chase highs; no fear, dare to buy the dip.
This isn’t about being Zen; it’s about having a top-tier mindset.
Opportunities in the cryptocurrency world abound, what’s lacking is the ability to control your hands and see the situation clearly.
Many aren’t slow to act; they’re just stumbling in the dark. I’m holding up a light; whether you follow or not is up to you. If the market starts to rise, stumbling around will only lead you to continue circling in darkness. I can pull you to the shore, but you have to decide for yourself.
💥 If you are still holding onto positions leading to liquidation, then you need a teacher with strong technical and news analysis skills to guide you hand-in-hand for a steady recovery.