After three years of struggling in the crypto world, I went from initially holding 10,000 U and not daring to act recklessly, to now firmly holding 670,000 U. I haven't relied on any insider information, nor have I caught the kind of crazy bull market that makes people envious, but rather I have relied on a seemingly 'unfancy' clumsy method, repeatedly using it, slowly earning it day by day.
In 1095 days and nights, I have focused on one thing: treating every trade as a monster to defeat and level up. I don't rush for speed, nor am I greedy to jump in; I just concentrate on honing my skills—if I can't understand the market, I review more; if I judge incorrectly, I summarize the lessons, and slowly refine my feel and rhythm.
Today, I will share with you 6 practical insights that I've kept in my heart. Even understanding one can help you lose less; if you can grasp three, you would have been much steadier than most retail investors in the market.
First rule: Rapid rise and slow decline, is the operator secretly stockpiling.
If the market suddenly rises rapidly but falls slowly and hesitantly, it is highly likely that the operator is secretly accumulating. This kind of 'sharp rise followed by slow decline' pattern is mostly a washout - getting rid of retail investors who can't withstand the fluctuations. At this time, don’t rush to cut losses. The real top signal is actually very obvious: a sudden increase in volume pushes the price to a high level, followed by a 'bang' and a waterfall decline, that is a trap waiting for retail investors to take over.
Second rule: Rapid declines and slow rises indicate the operator is secretly selling off.
On the contrary, if the market drops rapidly and harshly, but during the rebound it lingers and rises slowly, then caution is warranted - the operator may be secretly selling off. Sometimes when a flash crash occurs, it may slowly rebound afterward; don’t think 'it has fallen so much, it’s time to buy at the bottom', as that could very likely be the last knife, waiting for the greedy to jump in. Never hold the thought that 'it has fallen to the bottom, how much lower can it go', as many people have fallen victim to this kind of lucky thinking.
Third rule: Volume at the top doesn’t necessarily mean it’s over; lack of volume is what to be alarmed about.
Many people think 'high volume at the peak means it's topped', but that's not necessarily the case. If prices at a high level can still maintain stable trading volume, it indicates that funds are still active, and it might even push higher; however, if the high suddenly becomes quiet and the trading volume drops sharply, that's a signal of a potential crash - no one is willing to take over, and the market could turn at any moment.
Fourth rule: Don't rush in when you see a single spike in volume at the bottom; continuous volume is more reliable.
When you see a sudden increase in trading volume at the bottom, don't rush in; it might be a 'bait' set by the operator, waiting for retail investors to follow suit. The real bottom opportunity must go through a period of consolidation - allowing the market to stabilize, digest uncertainties, and then seeing several days of increased volume. Only then is it truly the time to build positions, with much lower risk.
Fifth rule: Trading cryptocurrencies is essentially about trading human emotions, and emotions are hidden within the volume.
Many people stare at the K-line for a long time, but forget that the K-line is just the 'result' of market movements. What truly reflects human sentiment is the trading volume. Trading volume is like the 'emotional barometer' of the market: when the volume decreases, it indicates that everyone has lost confidence and no one is willing to enter the market; if the trading volume suddenly increases, that is real money pouring in, and the market has the potential for continuity.
Sixth rule: 'Non-attachment' is the real skill.
In the end, trading cryptocurrencies is not about skills, but about mentality. The real skill is 'non-attachment' - when it’s time to stay out of the market, do so calmly, without forcing entry out of 'fear of missing out'; when it's time to buy at the bottom, do it steadily, without hesitating due to 'fear of falling'. This is not about lying flat, but about cultivating a trading mindset: not being led by greed, nor being frightened into inaction.
The cryptocurrency market has never lacked opportunities; what it lacks are those who can control their hands and see the current situation clearly. You are not slow; you are wandering aimlessly in the dark, unable to find direction. My lamp is always lit; just move your feet forward, and keep up. There’s no need to wander in the dark and waste time.
Follow me @加密大师兄888 There are many lost souls on the crypto road, only those destined will be guided. Recruiting disciples...
