That day, 210,000 suddenly appeared in my account.
I didn’t dare to withdraw it, instead I stared at the screen in a daze for half an hour.
This string of numbers didn’t make me ecstatic, but instead pulled me back to my rental apartment in 2016.
That year, I ventured into the cryptocurrency world with 5,000 U, with no one to guide me, no insider information, all relying on sheer determination and persistence for four years, rolling up to 1,200,000 U.
It wasn’t luck, it was a “clumsy method” forged over 1,460 days: seeing the market as a battlefield, liquidation as a remedy, every day only doing three things — recording data, reviewing mistakes, controlling my hands.
Today, I’ve pulled out six bloody notes, understanding one will help me avoid a big pit, achieving three will allow me to shake off 90% of trend followers:
1. Volume is the heartbeat of the market Price increases like slowly climbing stairs, price decreases like rapidly sliding down a slide, don’t rush to escape, it's highly likely that market makers are secretly accumulating; A rapid rise and slow drop requires calmness, the real top always accompanies a volume explosion, that’s the sound of the sickle falling.
2. Flash crashes are to cut losses, not bonuses The steeper the drop, the slower the rebound, indicating that market makers are withdrawing while attacking; Don’t deceive yourself into thinking “it’s dropped so deep it must be at the bottom,” in the crypto world, there are often eighteen layers beneath the abyss.
3. The highest point fears silence A volume spike doesn’t necessarily mean a top, but a lack of volume at high points must be heeded; It’s like a KTV suddenly going silent at midnight, the next second is highly likely to be the uproar of a market crash.
4. The bottom must wait for “sustained signals” A single volume spike may be a bait, continuous contraction followed by a volume spike indicates real capital accumulation by market makers; Whether to follow or not depends on your resolve.
5. Candlesticks are corpses, volume is body temperature Candlesticks only record results, trading volume is the real-time thermometer; When volume shrinks to suffocation, the market is left with retail investors cutting each other; When volume suddenly surges, funds act like sharks smelling blood.
6. The ultimate mindset: “Three No’s” No obsession, able to decisively turn off the screen when it’s time to exit; No greed, able to keep hands in pockets when chasing highs; No fear, able to rationally average down during a sharp drop.
This is not a Zen mindset, it’s a survival instinct forged from countless liquidations.
The crypto world is never short of opportunities, it’s the people who can remain calm and wait for opportunities that are lacking.
The streetlights are already lit, whether to go or not, it’s up to you. @juice13 #加密市场观察
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.