A 30-year-old veteran of the cryptocurrency world, who has experienced seven rounds of bull and bear markets — once sitting on tens of millions in floating profits, but also having tasted the bitterness of accounts hitting rock bottom. Now, he can firmly stand his ground, thanks to six market-tested 'survival rules.' Newcomers who remember these can avoid many detours.
When the market shows characteristics of 'rapid rise and slow adjustment,' don’t rush to exit. This is mostly big capital quietly accumulating shares; a few small bearish candles are just the main force cleaning up floating shares through slight adjustments. Keeping an eye on the overall trend is more reliable than fixating on a single K-line.
If faced with a sudden crash, and the subsequent rebound seems weak, beware of the main force unloading. At this time, don’t impulsively try to catch the bottom; there’s an 80-90% chance you’ll buy halfway up the mountain, and the torment of being trapped is far worse than the regret of missing out.
Many people panic when they see high volume at peaks; however, this is not necessarily a top signal, and sometimes it is a precursor to a market surge. The real danger is low volume at high levels — when no one is willing to take over, the market is not far from 'cooling down.'
Has significant trading volume only appeared at the bottom once? Don’t easily believe this is a reversal signal; it’s likely a false move created by the main force. But if the bottom shows multiple instances of volume, it indicates that the market is gradually forming a consensus of 'recognizing the bottom,' making such a market more credible.
Don’t be confused by a variety of indicators; the essence of the market is a game of human nature, and emotions are the core, while trading volume is the most authentic language of the market. Understanding the emotional changes behind trading volume can help you grasp the majority of market logic.
To succeed in the cryptocurrency world for the long term, one must cultivate a 'detached' mindset: neither greedy nor fearful. Only those who can patiently stay in cash and wait for opportunities have the qualifications to seize genuine big market movements; being eager to act can easily lead to pitfalls.
Lastly, I want to say that the biggest enemy in trading is never the news or policies, but one's own mindset. The market always has uncertainties, but opportunities are also hidden within. Stay calm, control your actions, and stabilize your mind to make it to the end. @星宇币潮
