Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
From investing 1 million in Cryptocurrency Trading to being in debt of 2 million, and then earning 30 million from a loan of 100,000, here are 6 practical insights from years of Cryptocurrency Trading!
In Cryptocurrency Trading over the years, turning 100,000 into 30 million without relying on insider information, avoiding bull markets, all thanks to a set of "stupid methods" through hard work. Treating trading like a game upgrade, honing skills and training mentality. The 6 points I will discuss today are all insights gained from real money experiences; understanding them will help minimize losses, and applying them can allow you to outperform 90% of people.
——1️⃣ Rapid rise and slow fall, the market is being manipulated: after a sudden spike, it slowly declines, don't rush to sell; this is just a shakeout; if we really see a top, there will be a violent surge followed by a waterfall sell-off, that's when it’s a trap for buyers.
——2️⃣ Rapid decline and slow rise, the whales are offloading: After a sharp drop, there is a slow rebound. Don't try to catch the bottom; it may be the final blow. The idea of "hitting the bottom" is the most dangerous.
——3️⃣ Don't rush to sell at the top when there's a volume surge; it's the lack of volume that indicates a real downturn: a high volume spike may signal a second wave, but if suddenly there's no volume like a ghost town, hurry up and sell; a crash is imminent.
——Don’t rush to surge when there’s an increase in volume at the bottom; sustained volume is the signal: A single volume bar may be a false move, and only continuous moderate volume after a period of low volume and consolidation indicates true accumulation.
——5️⃣ Cryptocurrency Trading is about the trading mentality, which is reflected in the "volume": K-line is the outcome, volume is the plot. Volume shrinkage = no one is playing, volume explosion = capital is entering the market. Understanding volume means understanding emotions.
——6️⃣"Nothing" is the most ruthless: no obsession, let it be empty when it should be; not greedy, not chasing rapid increases; not panicking, bravely buying during a drop, this is the level of cultivation achieved.
The cryptocurrency market is not short of opportunities, but most people lose because they can't control their hands and can't see the market clearly. Don't stumble around in the dark; I wish to be a bright light, helping you take fewer detours.