#数字资产市场动态 38-year-old from Fujian, rooted in Hangzhou for eight years.
Eight years ago, I dared to enter the crypto world with just 3,500 yuan. At that time, I was a complete novice—every day watching candlestick charts felt like reading a foreign language, and losses became a routine. But through all the bumps and setbacks, my account assets finally surpassed 20 million.
Someone asked me what my secret was. Honestly, there’s nothing too complicated. I use a set of "simple yet most practical" methods. In the past six months, I’ve made over 1.5 million USD with them.
I’ve整理ed all the practical knowledge I’ve accumulated in the crypto space into 7 core experiences. Don’t think they’re all nonsense—understanding just one might save you tens of thousands of yuan; mastering three can already make you surpass most retail investors.
**First Pitfall: Only Look at Price, Not Volume**
The most common mistake beginners make is focusing solely on the price. When it rises, they’re ecstatic; when it falls, their mentality collapses. But do you know? Trading volume is the market’s pulse. Volume determines whether a trend is genuine or fake—this is the first threshold for entry.
**Second Trap: Bait and Switch**
After a price surge, it begins to slowly decline. Many panic—should I sell now? Not necessarily. This is often the market manipulators secretly accumulating positions, not a true top. Be especially cautious when volume suddenly spikes along with a large bearish candle—that’s called "bait and switch." Many people rush to exit at this point, only to get caught.
**Third Illusion: Bottom Rebound Means Reversal**
After a flash crash, the price slowly climbs back, seeming like a rebirth. But beware—this could very well be the final stage of the main players unloading. The market’s harshest punishment is reserved for those who believe they’ve "fallen and can’t get up."
**Fourth Iron Rule: Shrinking Volume Is More Dangerous Than Expanding Volume**
Many think that increasing volume signals a top. Wrong. Sometimes, shrinking volume is the real danger signal. During an uptrend, sufficient volume indicates market heat; but if trading suddenly dries up, it’s often the night before a sharp decline.
**Fifth: Explosive Rebounds Require Patience**
When the price hits the bottom and volume suddenly spikes, is it time to buy? Not so fast. A single day of high volume doesn’t necessarily mean the bottom. A true reversal depends on sustained consolidation—that’s the key to judging the trend.
**Sixth: Volume Reflects Human Nature**
At the end of the day, what are we trading? Not just candlesticks, but human psychology. Volume reflects market consensus; price is just an emotional expression. Those who can read volume well can accurately grasp the market’s rhythm.
**Seventh: The Most Difficult Lesson—The State of Wu Wei (Non-Action)**
This is the hardest to understand after 8 years. The highest trading境界 is actually "Wu"—no greed, no fear, no rush. When it’s time to hold, be patient and wait; when it’s time to act, make decisive decisions. Most failures happen here.
This set of methods sounds simple, but very few can truly execute them. I hope these experiences help you avoid detours and find your own rhythm in the crypto market.
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ForumLurker
· 01-20 05:30
Starting with 3,500 yuan and growing to over 20 million, I've heard this story too many times, but those few points about volume are indeed meaningful. I've been burned by the pattern of sharp declines on reduced volume.
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MEVVictimAlliance
· 01-20 05:13
Invested 3500 yuan into the crypto world and now boasting about 20 million; I've heard this story too many times.
The principle of "focusing on volume rather than price" is indeed true. I am the one who only watches the price repeatedly breaking through.
The seventh point, "The Realm of Wu Wei," sounds nice, but in reality, it's just about cutting losses when you can't hold on anymore, including most people like me.
The bait-and-switch trading strategy is indeed ruthless. Only after being trapped do you realize what "confidence no longer drops" really means.
That said, how many can truly do it? Anyway, I'm still at a loss.
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zkProofInThePudding
· 01-20 05:02
Look at the volume, not the price. It's easy to say but hard to do.
#数字资产市场动态 38-year-old from Fujian, rooted in Hangzhou for eight years.
Eight years ago, I dared to enter the crypto world with just 3,500 yuan. At that time, I was a complete novice—every day watching candlestick charts felt like reading a foreign language, and losses became a routine. But through all the bumps and setbacks, my account assets finally surpassed 20 million.
Someone asked me what my secret was. Honestly, there’s nothing too complicated. I use a set of "simple yet most practical" methods. In the past six months, I’ve made over 1.5 million USD with them.
I’ve整理ed all the practical knowledge I’ve accumulated in the crypto space into 7 core experiences. Don’t think they’re all nonsense—understanding just one might save you tens of thousands of yuan; mastering three can already make you surpass most retail investors.
**First Pitfall: Only Look at Price, Not Volume**
The most common mistake beginners make is focusing solely on the price. When it rises, they’re ecstatic; when it falls, their mentality collapses. But do you know? Trading volume is the market’s pulse. Volume determines whether a trend is genuine or fake—this is the first threshold for entry.
**Second Trap: Bait and Switch**
After a price surge, it begins to slowly decline. Many panic—should I sell now? Not necessarily. This is often the market manipulators secretly accumulating positions, not a true top. Be especially cautious when volume suddenly spikes along with a large bearish candle—that’s called "bait and switch." Many people rush to exit at this point, only to get caught.
**Third Illusion: Bottom Rebound Means Reversal**
After a flash crash, the price slowly climbs back, seeming like a rebirth. But beware—this could very well be the final stage of the main players unloading. The market’s harshest punishment is reserved for those who believe they’ve "fallen and can’t get up."
**Fourth Iron Rule: Shrinking Volume Is More Dangerous Than Expanding Volume**
Many think that increasing volume signals a top. Wrong. Sometimes, shrinking volume is the real danger signal. During an uptrend, sufficient volume indicates market heat; but if trading suddenly dries up, it’s often the night before a sharp decline.
**Fifth: Explosive Rebounds Require Patience**
When the price hits the bottom and volume suddenly spikes, is it time to buy? Not so fast. A single day of high volume doesn’t necessarily mean the bottom. A true reversal depends on sustained consolidation—that’s the key to judging the trend.
**Sixth: Volume Reflects Human Nature**
At the end of the day, what are we trading? Not just candlesticks, but human psychology. Volume reflects market consensus; price is just an emotional expression. Those who can read volume well can accurately grasp the market’s rhythm.
**Seventh: The Most Difficult Lesson—The State of Wu Wei (Non-Action)**
This is the hardest to understand after 8 years. The highest trading境界 is actually "Wu"—no greed, no fear, no rush. When it’s time to hold, be patient and wait; when it’s time to act, make decisive decisions. Most failures happen here.
This set of methods sounds simple, but very few can truly execute them. I hope these experiences help you avoid detours and find your own rhythm in the crypto market.