Staying up all night in a liquidation? Don't get stuck in a rut! Wrap this up in 60 seconds, don't cry after losing everything!
Three years ago I only had 3 U for fees, now I have a 9-digit position, all thanks to these 5 blood lessons!
A rapid rise and slow fall is a sign of the market clearing out people! After two big bullish days, if it falls 1% every day, it's not for opportunity, it's to filter out the impatient! I held onto ORDI through two weeks of decline, and it will quintuple after three months.
Don't catch falling knives the day after a crash! Before LUNA went to zero, it rebounded 30%, a friend wanted to jump in but I scolded him, and the next day it was directly halved. You have to endure the bottom, wait for the bullets to fly for three days before picking up!
Be cautious of low volume at high levels! If the price hits a new high, volume must follow; if it consolidates with a 30% drop in volume, it must stop! When SOL surged to $120, the volume dropped sharply, I cleared my position in half an hour and avoided an 18% correction.
A single significant volume increase at the bottom is a false move! A drop of 80% followed by a big bull candle of 90% is a trap; only a daily increase in volume of 10%-20% is genuine accumulation! I anticipated BLAST, and it doubled in two hours.
In trading cryptocurrencies, first look at the volume to support consensus! Candlestick patterns can be drawn, and depth can be brushed, but only trading volume is real gold! Look at volume before price, this step can help you win against 90% of fools!
If you don't even understand this and still want to make money? That's just dreaming!
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