When I first entered the circle, I only had 100,000 in my pocket. No one guided me, no one taught me, I relied entirely on my own exploration.
Today, my account's market value is 42 million. Looking back, this journey was neither easy nor difficult. The key is—can you keep yourself steady in the most panicked moments?
I still remember the year LUNA crashed; an old senior and I both got trapped badly. While drinking, he sighed, saying, "The market is not mysterious; as long as you can stay steady, sooner or later, it will send you money."
I have remembered this sentence for ten years. As I lived on, I became more and more aware that the fiercest enemy in the cryptocurrency world is not the market, but human nature.
In a bull market, everyone thinks they are a genius; when it drops, they immediately turn into panicking retail investors. Most people lose not because they can't, but because they are controlled by their emotions.
I survived entirely thanks to five iron rules. Simple, yet they have saved me countless times.
1. Move when the market is cold, stay steady when it's hot.
When the market is surging, do less; when it is quiet, it is an opportunity to pick up shares. Try small positions, feel the rhythm, don't rush.
2. When low, sideways for long must rise; when high, sideways for long must fall.
Buy when it is low and sideways, sell when it is high and sideways. I have thoroughly understood this rule. Don't fear sideways markets; fear your own impatience.
3. Run when it spikes, dare to buy when it plunges.
A big bullish candle that ignites hype across the network is a selling signal. Conversely, during a crash, you should focus on watching. If it breaks support, that's the entry point.
4. Don’t panic when buying on a dip, don’t be greedy when selling on a rise.
This is the hardest rule. When seeing a green line, it’s hard not to cut losses; when seeing a red line, it’s hard to sell. Emotions must go in the opposite direction for the account to turn from red to green.
5. Buy early when it drops, sell in the afternoon when it rises.
This rhythm isn’t always accurate, but over the long term, it can help you avoid 80% of the pitfalls.
Later I discovered that true experts are not those who operate every day,
but those who can be decisive when action is needed and remain motionless when waiting is required.
Now, when I look at the market, I can instantly judge the direction. That is not a gift; it is intuition honed from countless sleepless nights, liquidations, and reviews.
The market keeps changing, but human nature never does.
The market is still brewing. Keep up with Uncle Nan to grasp the market accurately, and join me in setting up for the next round of the market!