In 6 years, from 200,000 to 10 million, I only rely on one trick: the 'Fool's Strategy'
It's not about being smart, but rather being dumb enough—dumb enough to only do what I can understand and stubbornly stick to what I can grasp.
This year I am 31 years old, from Jiangxi, and I've been trading cryptocurrencies for 6 years. Starting with a capital of 200,000, I have now reached over 10 million. There are no insider secrets, no divine tips, nor reliance on any super teams, just a set of foolproof operational logic that belongs to me.
After nearly 2,900 days of ups and downs, I have almost stepped on all the pitfalls. In summary, it boils down to 6 sentences, where 90% of people fail in these areas:
1. Rapid rise, slow decline, the main force hasn’t left
A sharp surge doesn’t mean it’s over; a slow drop is actually the most dangerous bait. The real exit is 'a wave up + slow dumping', while a sudden drop is often a late trap to short.
2. Sharp drop, slow rebound, the main force takes the opportunity to unload
Don’t rush to catch the bottom after a sharp fall; it’s often a bait before the final cut. Holding on to the illusion that 'it has dropped so much already, it shouldn’t drop further' is the mindset of a retail investor.
3. High volume at peak = reaching the top, low volume at peak = be cautious
If it rises but doesn’t increase in volume, it’s about to stall. Once the volume increases with a rise, it’s mostly an exit—don’t be foolishly happy.
4. True bottoming occurs with low volume and fluctuations
Continuous high volume is actually a false move. A single big bullish candle doesn’t count as a signal; sustained low volume + continuous sideways movement is the real opportunity for low buying.
5. The true trend is the emotional ECG
K-line is not as important as K-volume, price is not as crucial as emotion. Volume rises and price drops = panic, volume decreases and price rises = baiting. Truly understanding market sentiment will naturally make prices obey you.
6. 'Non-action' is the highest level
No hot positions, no chasing highs, no panic; be willing to cut losses and also to hold cash. Maintain a steady mindset; if you can’t make money, at least protect your capital.
Someone asked: Will doing this make me miss out on opportunities?
I said: Missing out can preserve your capital; impulsiveness will only lead to losses. Those who can keep going are never just the lucky ones, but those who endure without getting carried away.
If you want to make money in the crypto world, you don’t need to be too smart; understanding the logic of 'making fewer mistakes leads to winning' is enough. True experts don’t rely on showing off skills but rather on avoiding pitfalls.
The market is currently very competitive; what you need to do is not to study 100 indicators, but to survive.
I have been walking this path; it’s not fast, but steady.