Today, I'm laying out all six of these long-held iron rules — understanding one saves you a hundred thousand in tuition; if you can grasp three, I dare say you have already outperformed 90% of retail investors in the market!
📍 First Rule: Don't run around during rapid rises and slow falls; the guillotine is the escape signal!
Did the coin suddenly spike and then slowly decline? Hold on and don’t cut losses randomly! This is often the main force 'shaking out' weak hands. The real danger is a violent rise followed by a 'guillotine-style' crash — that is the major player’s naked 'trap for greedy buyers', chasing high prices will bury you immediately!
📍 Second Rule: A rapid drop followed by a slow rebound means catching the bottom is equivalent to catching a flying knife!
Market plummets while rebounds are sluggish? Hold your horses, don't think you're smart by trying to catch the bottom! This is a typical case of the main force pulling up while withdrawing, a fake rebound's last gasp, specifically to catch those who rush in to 'relay guard'!
📍 Third Rule: High volume at high positions can be kept, but get out quickly if there is dead volume!
Coin prices reach new highs, and trading volume continues to expand? The market may not be done yet — where there is volume, there is funding support. But if it hovers at a high position with volume shrinking sharply, don’t hesitate, retreat immediately! No one is taking over = countdown to a crash, death volume is the final alarm!
📍 Fourth Rule: Don’t rush in when there is explosive volume at the bottom; continuous volume increase is the real start!
After a sharp drop in coin prices, a sudden spike in volume? Don't get too excited, it could very well be the main force creating a false rebound to trick you! The truly valuable signal is 'continuously moderate volume increase' after a long-term period of decreasing volume — that is the mark of the major player quietly accumulating, and only by following can you benefit!
📍 Fifth Rule: Trading coins is essentially trading human emotions, and trading volume always leads price!
Do you think you are looking at K-lines? In fact, you are observing human nature! Trading volume is a mirror of market sentiment; price is just the leash pulled by emotions. Understanding volume means understanding panic and greed — volume leads price, and it never goes out of style!
📍 Sixth Rule: The ultimate mindset of trading experts — the principle of 'nothing'!
No attachment: Able to wait in cash for the ultimate opportunity;
No greed: Don’t chase after a surge, restrain your FOMO;
Fearless: Dare to calmly pick up chips after a bloodbath.
This isn't metaphysics; it's top-level discipline — only with a strong enough mindset can you survive in this cannibalistic market until the end!
📌 To be honest:
The market is always there, but you may not always be present. These six iron rules are without a single useless word; each one is a lesson bought with my hard-earned money. In the coin circle, it’s not about who makes money faster, but who survives longer.
