Six iron rules to bring her back from the brink of the cryptocurrency world.
The knocking on the door during the stormy night made my heart tremble. When I opened the door, Xiaolin rushed in, soaked to the skin, her nails digging into my arm: "He took all the money, even the money for my daughter's formula!
The rental apartment was filled with the stench of leftover takeout from the night before. This former key member of the student union, always the center of attention at gatherings, now had eyes so swollen they were just slits, clutching her phone tightly in her arms—the screen displayed the cryptocurrency market's candlestick chart, glaringly red.
"I want to invest heavily in cryptocurrencies to make back my losses!" Her voice was fierce, madness in her eyes. I felt a sinking feeling; the cryptocurrency market is a meat grinder, how many people hold on to the obsession of 'breaking even,' only to end up losing everything.
Until her daughter's first birthday photo fell from her pocket, the little one, beautifully chiseled, was holding a toy and smiling. I swallowed back the "no" that was on the tip of my tongue: "It's possible, but you must adhere to my six iron rules; don't touch the market if you break even one.
I pulled out my notebook and shared the experiences gained from years of tuition fees with her:
1. Volume determines direction: a rapid rise followed by a slow drop indicates accumulation, a rapid drop followed by a slow rise must be distribution;
2. Don't reach out during a flash crash: a rebound is a lifeline, not a saving grace;
3. Withdraw during high volume at high prices: the longer it consolidates, the steeper the drop;
4. Look for confirmation at the bottom: a single surge in volume does not indicate a bottom; only a contraction followed by a surge signifies stability;
5. Candlesticks can be faked, but volume does not lie;
6. Stay calm to survive: don’t be greedy or anxious; if you need to be in cash, just lie flat.
She copied while crying, the pen tip piercing through the paper. During that half year, she quit staying up late to watch the market, and each time she wanted to chase high prices, she sent a message asking to be "scolded awake." I accompanied her to review the market late into the night, extinguishing every impulse in its infancy.
When we met again, she had opened a community flower shop, wearing an apron while arranging sunflowers.
The holes were filled, and she even saved money for her daughter's kindergarten fees." The sunlight fell on her face, bringing a long-lost brightness.
The cryptocurrency market has always been about making money by luck, and eventually, one will lose it all by chance. If you are also stumbling through the cryptocurrency world, don't be afraid; come learn the iron rules with me to safeguard your principal. @番茄说币
