I am the key to the blockchain in the crypto world, a guy from Wuhan, 32 years old, rooted in Dongguan. I've been trading cryptocurrencies for seven years, turning 50,000 from my factory savings into 7 million. In these 2555 days, I’ve walked through traps and seen tricks; today I’ll lay out the six iron rules—if you understand one, the 100,000 tuition is worth it; if you apply three, I dare say you'll absolutely crush 90% of the market's retail investors!
Rule One: Don't panic sell during rapid rises and slow declines; a sudden drop is truly fatal!
Is the coin price suddenly shooting up, then slowly coming down? Don't rush to cut losses! This is likely a shakeout by the manipulators, specifically targeting those who can't hold their chips. What is truly dangerous? It's that kind of cliff-like drop after a sharp rise—this is a 'trap' set by the manipulators to lure you in and trap you when you chase high!
Rule Two: During a rapid drop and slow rebound, don't be greedy; false rebounds specifically trap 'smart people'!
A waterfall-style drop followed by a sluggish rebound? Put away your thoughts of bottom fishing! This clearly indicates the manipulators are pulling up while unloading. Are you thinking, 'It has dropped so hard, it should rebound now'? Wake up! The last wave of false rebounds is specifically designed to trap smart alecks like you who think they can catch falling knives!
Rule Three: Don't be afraid of high volume at high positions; run away quickly when there's dead volume at high positions!
Is the trading volume increasing when the coin price is surging? It might still go up further—high volume indicates new funds are coming in. But if you reach a high position with volume shrinking like stagnant water? Run quickly! Without new money entering the market, a crash can happen in the blink of an eye; dead volume at high positions = death signal!
Rule Four: Don't get excited during explosive volume at the bottom; sustained volume is the real deal!
Did the price hit rock bottom and suddenly explode with huge volume? Don’t rush to celebrate! It might be the manipulators using a 'fake move' to trick you into taking over. Keep a close watch—only a sustained increase in volume after a long period of low volume is a real signal! This is the sign of manipulators quietly accumulating positions; only by sticking close can you benefit!
Rule Five: Trading cryptocurrencies is about people's hearts; don't get the volume and price reversed!
Did you think you were looking at candlesticks? Wrong! What you are staring at is a group of people's 'collective madness'! Trading volume is the mirror of this madness—price is just a dog led by emotions. Volume moves before price; understanding volume is key to understanding people's hearts!
Rule Six: The 'no' mindset is the pinnacle; you must be tough enough to play!
No attachment: Stay in cash waiting for that 'fatal blow'; no greed: Absolutely do not chase the top; no fear: Only dare to catch when the knife falls! This isn't just being chill, it's the top-level trading mindset—only if you are tough enough can you survive in this cannibalistic market!
Let me say a harsh truth: The market never lacks opportunities; what it lacks is the eye to understand signals and the will to maintain one's original intention. The blood and tears of a seven-year veteran tell you—these six iron rules are all forged from real money.
Follow me, and I will help you see market signals clearly every day, ambush in advance, and pay less tuition!
