I know an old hand who’s been hustling in Shenzhen for nearly twenty years. He’s 49 now and managed to grow 80,000 yuan into over 80 million. Guess what kind of life he leads now? He lives in a run-down apartment in an urban village, zips around town on a little electric scooter, and even haggles with aunties at the wet market—he says that’s what it means to really live, to stay grounded.
Being able to multiply your money hundreds of times isn’t about luck, nor is it about having inside information. It’s all about sticking to a few hard rules, never making exceptions. I’ve summed up his approach, maybe it’ll help you avoid some pitfalls:
**Rises fast, falls slow? That’s accumulation** When the big players drive the price up, they don’t just dump and leave. They slowly grind it down, accumulating chips while the price drifts lower. Don’t panic when you see this pattern—a little turbulence is just a trick to shake you out.
**Falls fast, can’t rebound? Probably distribution** If there’s a sharp drop and the rebound is weak, it’s likely the big players are exiting. Thinking of buying the dip? Careful—you might be the one left holding the bag.
**High volume at the top isn’t always the top** A surge in trading volume at high prices might just mean chips are changing hands. The real danger is when the price drops on low volume—that’s the signal the trend is ending.
**Bottoms need repeated high volume to count** A single spike in volume can be a bull trap. It takes several rounds of heavy volume to show that the big players are really building positions and market consensus is forming.
**Emotions matter more than charts** Don’t fixate on complicated indicators all day. In the end, markets are driven by human nature. Trading volume is the truest thermometer of market sentiment.
**The “no attachment” principle is the ultimate mindset** No obsession, no greed, no fear. Only those who can patiently stay on the sidelines and wait for the right opportunity are qualified to catch the real big moves.
In the crypto world, your biggest enemy isn’t the market makers or the trends—it’s your own greed and itchy trigger finger. There will always be opportunities, but only those who can steady their mindset, control their hands, and hold their positions will have the last laugh.
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ruggedSoBadLMAO
· 12-06 12:53
Haha, this guy really gets it. Turned 80,000 into 80 million and is still bargaining at the market—what a mindset.
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SandwichTrader
· 12-06 12:52
To be honest, this theory sounds plausible, but I haven't seen many people who can truly master the "Wu" technique.
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ProposalDetective
· 12-06 12:43
Turning 80,000 into 80 million and still riding a small e-bike to haggle over prices—this mindset is truly remarkable. Much more clear-headed than those who get rich overnight and brag all the time.
I know an old hand who’s been hustling in Shenzhen for nearly twenty years. He’s 49 now and managed to grow 80,000 yuan into over 80 million. Guess what kind of life he leads now? He lives in a run-down apartment in an urban village, zips around town on a little electric scooter, and even haggles with aunties at the wet market—he says that’s what it means to really live, to stay grounded.
Being able to multiply your money hundreds of times isn’t about luck, nor is it about having inside information. It’s all about sticking to a few hard rules, never making exceptions. I’ve summed up his approach, maybe it’ll help you avoid some pitfalls:
**Rises fast, falls slow? That’s accumulation**
When the big players drive the price up, they don’t just dump and leave. They slowly grind it down, accumulating chips while the price drifts lower. Don’t panic when you see this pattern—a little turbulence is just a trick to shake you out.
**Falls fast, can’t rebound? Probably distribution**
If there’s a sharp drop and the rebound is weak, it’s likely the big players are exiting. Thinking of buying the dip? Careful—you might be the one left holding the bag.
**High volume at the top isn’t always the top**
A surge in trading volume at high prices might just mean chips are changing hands. The real danger is when the price drops on low volume—that’s the signal the trend is ending.
**Bottoms need repeated high volume to count**
A single spike in volume can be a bull trap. It takes several rounds of heavy volume to show that the big players are really building positions and market consensus is forming.
**Emotions matter more than charts**
Don’t fixate on complicated indicators all day. In the end, markets are driven by human nature. Trading volume is the truest thermometer of market sentiment.
**The “no attachment” principle is the ultimate mindset**
No obsession, no greed, no fear. Only those who can patiently stay on the sidelines and wait for the right opportunity are qualified to catch the real big moves.
In the crypto world, your biggest enemy isn’t the market makers or the trends—it’s your own greed and itchy trigger finger. There will always be opportunities, but only those who can steady their mindset, control their hands, and hold their positions will have the last laugh.