After 6 years of trading cryptocurrencies, I rolled from an initial capital of 6,000 yuan to 2.6 million U, without insider information or relying on extreme bull markets to get rich, but solely depending on a simple and straightforward 'foolproof method' executed repeatedly with strict discipline. $币安人生
In over 2,190 days, I have only focused on one thing — treating trading as a long-term practice, not rushing, but refining my system and not gambling on luck.
Today, I will share 6 practical insights from the heart. Understanding one can save you hundreds of thousands; implementing three can directly outpace **95%** of retail investors.
First Insight: Rapid rise and slow fall, the main force accumulates and washes out
A quick surge followed by a gradual drop is often a washout and accumulation, and there is no need to panic and cut losses. The real top often comes after a violent spike with high volume, resulting in a direct waterfall crash, trapping those who chased the highs. $ENSO
Second Insight: Quick drop and slow rise, the main force secretly sells
A sharp decline followed by a weak rebound is certainly not a good buying opportunity; it is mostly the main force inducing buying while completing the final distribution.
Do not hold onto the illusion of 'it won't drop further after such a big fall'; this is the most deadly mental trap for retail investors.
Third Insight: High volume at the top does not necessarily indicate a peak, low volume stagnation is the real danger
Continuous high volume at the top still indicates capital games and potential for further spikes; low volume consolidation at a high level with thin trading is the core signal of capital exiting and an imminent crash. $BREV
Fourth Insight: A single instance of volume at the bottom is a lure, continuous volume is the real opportunity
A single day of high volume is likely just a test for inducing buying; only after a stable bottom with continuous mild volume over several days is it a signal for big capital to truly enter and for phased layout.
Fifth Insight: Trading cryptocurrencies is about human nature, and human nature is all reflected in volume
The candlestick chart is merely the surface; trading volume is the most authentic language of market emotions and capital. Shrinking volume indicates the market has lost vitality; continuously expanding volume is the real signal for genuine capital entry.
Sixth Insight: Understanding 'being in cash' is top-notch trading ability
Do not obsess over holding positions; take action when there is a signal, wait when there isn't. Be ready to stay in cash, and do not hesitate when it's time to act, neither greedy nor fearful, aligning knowledge with action. This is not about lying flat; it represents the highest mentality and vision of a trader.
Follow Sister Yan, lock in landing strategies and practical results; team slots are running out!
Truly want to break through and turn things around? Action is the only answer❗️❗️
