I've been in the crypto world for 8 years, starting with 50,000 yuan and steadily growing to over 50 million now. To be honest, there are no insider secrets in this process, and it's not about having a big risk appetite; it's just relying on a method that is both clumsy and slow but can survive.
I am 33 years old this year, from Guangdong. In this market, I have seen people become wealthy overnight during bull markets, and I have also witnessed countless people disappearing without a trace during bear markets. Those experiences that now seem "useless" are each earned through the process of liquidation, recovery, and getting back on my feet.
Instead of talking theory, it's better to clearly explain a few truly useful points in plain language.
**The pace of the rise is more important than the increase in value**
Many people panic and sell as soon as they see the price rapidly rising. In reality, as long as the pullback is not significant and the trading volume does not show any abnormalities, this is often just a normal washout action. The truly dangerous trend is when there is a sharp increase in volume followed by a direct crash, which can trap those who chase the high in the position of the buyer.
**The sharp decline and rebound indicate that the big players are running away**
The market is falling rapidly, but the rebound is weak and inconsistent. This is not an opportunity to buy the dip; rather, it is the institutions quietly retreating. You may think you are buying at the bottom, but in reality, you are just helping others clean up their mess. This pattern is most likely to cut off the last bit of patience of newcomers.
**High-level shrinkage is more terrifying than expansion**
The price is stuck at a high position and unable to move, while the trading volume is shrinking. This is when the real danger signal appears. It's not that the price doesn't want to continue to rise, but rather that there is no new capital willing to take over. This silence is often more suffocating than a crash.
**Bottom volume needs to see sustainability**
The daily trading volume data is of no reference value; it must be a sustained increase over three days, five days, or even longer to confirm a true signal. Those who are eager to jump in and catch the bottom, nine out of ten end up getting washed out. Being hasty in the crypto world is often a fatal flaw.
**Trading volume is the true sentiment of the market**
The K-line chart reflects the results, but the trading volume can reveal the true emotions of market participants. Whether the market can form a new consensus is all written in the changes in trading volume. Learning to read volume is more important than looking at any technical indicators.
**The Last One: Mastering the Art of "Nothing"**
Being able to hold a cash position indicates a stable mindset; not chasing highs shows that greed is under control; having the courage to place orders decisively at critical moments indicates that one will not be defeated by fear. Those who truly survive in this market for a long time are not the ones who trade tirelessly every day, but rather those who can stabilize their hands, hearts, and decisions at critical junctures.
It's easier said than done. Most people keep getting beaten not because they don't work hard, but because they are running around confused, caught up in the noise of the market. On the road of the crypto world, having someone to help you clarify your thoughts and sense of rhythm can really save you many years of detours.
If you are still making repeated mistakes, feeling confused and anxious, and have lost confidence due to market fluctuations, instead of blindly operating, it is better to slow down first, find a truly feasible methodology, and follow the actual rhythm of the market. This is the only way to truly understand what long-term stable returns mean.
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GetRichLeek
· 12-22 23:49
Damn, from 50,000 to 50 million? I'm still Rekt...
That said, what this guy said about Trading Volume really hit home for me. I used to be that idiot who rushed in to buy the dip as soon as I saw a big dump, and ended up getting washed out. Now I'm regretting it so much.
The part about low volume at high levels is spot on; you truly understand what "silence is scarier than a big dump" means after being trapped.
It's easy to say to have a Short Position, but why can't I do it? I always feel like if I don't take a Short Position, I'll miss out on the market, and then... I just get trapped again.
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4am_degen
· 12-22 20:44
Volume matters more than price, I accept this.
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StakeOrRegret
· 12-22 20:43
Eight years and 50 million is indeed fierce, but to put it bluntly, it still depends on being able to survive. Most people die at the moment they chase the price.
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Rugpull幸存者
· 12-22 20:40
Short Position is really the way to make money, I increasingly believe this.
To be honest, the hardest part isn't the buying and selling points, it's holding back those hands.
Another one teaching you to read the volume, why is there so much Be Played for Suckers vibe in these texts?
Is the 50 million figure... after tax? Haha.
I feel like I've heard this theory 8 years ago, and it's still losing money like this.
Rhythm, to put it bluntly, is just good luck, but it has to be packaged as art.
From Guangdong? Brother, is this methodology also trying to pivot into consulting?
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AirdropChaser
· 12-22 20:36
Being in a Short Position is truly the greatest trading skill, stronger than anything else.
What this guy talks about regarding trading volume is indeed insightful; I've suffered losses from weak rebounds before.
He's right, impatience is the biggest poison in the crypto world; I've been played for a sucker many times myself.
It sounds easy to have a sense of rhythm, but executing it is really difficult; you have to go through a few times of getting liquidated to truly understand.
The point about sustained higher trade volumes at the bottom really resonated with me; I often jump in when the trading volume is high in a single day, only to get washed out immediately.
It sounds simple not to chase the price, but when emotions run high, it's easy to place orders; you really need strong self-discipline.
This analysis is much more reliable than the so-called predictions from those celebrities; at least it's a summary of real experiences.
Hearing the number over 50 million alone tells you this guy has gone through a lot of ups and downs.
Looking at trading volume is indeed more effective than looking at Candlesticks; I agree with this point, as market sentiment is reflected in the volume.
Being in a Short Position tests human nature more than Holdings do; I often can't hold on and end up making impulsive moves.
I've been in the crypto world for 8 years, starting with 50,000 yuan and steadily growing to over 50 million now. To be honest, there are no insider secrets in this process, and it's not about having a big risk appetite; it's just relying on a method that is both clumsy and slow but can survive.
I am 33 years old this year, from Guangdong. In this market, I have seen people become wealthy overnight during bull markets, and I have also witnessed countless people disappearing without a trace during bear markets. Those experiences that now seem "useless" are each earned through the process of liquidation, recovery, and getting back on my feet.
Instead of talking theory, it's better to clearly explain a few truly useful points in plain language.
**The pace of the rise is more important than the increase in value**
Many people panic and sell as soon as they see the price rapidly rising. In reality, as long as the pullback is not significant and the trading volume does not show any abnormalities, this is often just a normal washout action. The truly dangerous trend is when there is a sharp increase in volume followed by a direct crash, which can trap those who chase the high in the position of the buyer.
**The sharp decline and rebound indicate that the big players are running away**
The market is falling rapidly, but the rebound is weak and inconsistent. This is not an opportunity to buy the dip; rather, it is the institutions quietly retreating. You may think you are buying at the bottom, but in reality, you are just helping others clean up their mess. This pattern is most likely to cut off the last bit of patience of newcomers.
**High-level shrinkage is more terrifying than expansion**
The price is stuck at a high position and unable to move, while the trading volume is shrinking. This is when the real danger signal appears. It's not that the price doesn't want to continue to rise, but rather that there is no new capital willing to take over. This silence is often more suffocating than a crash.
**Bottom volume needs to see sustainability**
The daily trading volume data is of no reference value; it must be a sustained increase over three days, five days, or even longer to confirm a true signal. Those who are eager to jump in and catch the bottom, nine out of ten end up getting washed out. Being hasty in the crypto world is often a fatal flaw.
**Trading volume is the true sentiment of the market**
The K-line chart reflects the results, but the trading volume can reveal the true emotions of market participants. Whether the market can form a new consensus is all written in the changes in trading volume. Learning to read volume is more important than looking at any technical indicators.
**The Last One: Mastering the Art of "Nothing"**
Being able to hold a cash position indicates a stable mindset; not chasing highs shows that greed is under control; having the courage to place orders decisively at critical moments indicates that one will not be defeated by fear. Those who truly survive in this market for a long time are not the ones who trade tirelessly every day, but rather those who can stabilize their hands, hearts, and decisions at critical junctures.
It's easier said than done. Most people keep getting beaten not because they don't work hard, but because they are running around confused, caught up in the noise of the market. On the road of the crypto world, having someone to help you clarify your thoughts and sense of rhythm can really save you many years of detours.
If you are still making repeated mistakes, feeling confused and anxious, and have lost confidence due to market fluctuations, instead of blindly operating, it is better to slow down first, find a truly feasible methodology, and follow the actual rhythm of the market. This is the only way to truly understand what long-term stable returns mean.