From 200,000 to tens of millions, I relied on this "foolish method"

I am from Hunan, 34 years old, currently residing in Chengdu.

When I first entered the circle in 2018, I encountered a bear market, and almost lost my 200,000 capital,

At that time, I really wanted to give up.

But after gritting my teeth and getting through it, I instead used the most "simple" method for 7 years,

My capital multiplied by dozens of times.

No insider news, no early projects,

And I didn't understand any profound theories,

My method consists of three points: watch the volume, monitor the sentiment, and wait for the right moment.

These experiences, I now share with you, each one can help you lose less money:

Rapid rise, slow fall, the main force is accumulating

Don't rush to run, this is a washout.

The most dangerous thing is a sudden drop after a rapid rise, that is when the retail investors get cut.

Weak rebound after a sharp drop, don't catch the bottom

A sharp drop followed by a slow rise, especially if the rebound has no volume, is likely the main force is offloading.

Low volume at high positions is more dangerous than high volume

High volume at the top indicates that there are still people playing,

But if it’s lifeless, a big drop is not far away.

Volume at the bottom needs to be assessed for sustainability

Sudden high volume may be a trap; wait for continuous high volume + low volume fluctuations before taking action.

Trading cryptocurrencies is essentially trading emotions

The candlestick chart is just the result; emotions are the cause, and volume reflects the true attitude of the market.

Being able to hold cash and dare to go heavy is a skill

Not chasing highs, not gambling with life, not being attached to battles.

Many people are not trading cryptocurrencies themselves; they are being manipulated by emotions.

There are always opportunities in the market, the key is to control your hands and see the situation clearly.

Sometimes, finding a knowledgeable person to help you understand the rhythm is more important than anything else.

@熬鹰策略 follow along to profit!