That day, when I saw the sudden appearance of 210,000 in my account, I didn't rush to click the withdraw button. Instead, I stared at the screen in a daze for half an hour.
These numbers didn't make me ecstatic; instead, they pulled my thoughts back to that cramped rental house in 2016. At that time, with only 5,000 USD in my pocket, I boldly entered the crypto world—no guidance, no insider information, just a stubborn perseverance to grind for four years. In the end, my account grew to 1.2 million USD.
It wasn't luck. It was the "clumsy methods" I learned from being beaten by the market over 1460 days: treating the market as a battlefield, viewing liquidations as classroom lessons, and doing only three things every day—recording data, reviewing losses, and controlling my hands.
Today, I want to share what I’ve learned over these years. Even understanding just one of these points can help you avoid pitfalls; mastering all three will put you far ahead of 90% of trend followers:
**1. Trading volume is the pulse of the market**
Is it climbing like stairs or falling like a slide? Don’t rush to escape. Most of the time, the big players are quietly accumulating. The most dangerous pattern is a rapid rise followed by a slow decline—true market tops are always accompanied by massive sell-offs, which is the moment to cut losses.
**2. Flash crashes are not opportunities to pick up bargains**
The sharper the drop and the slower the rebound, the more it indicates that big funds are moving in and out. Don’t deceive yourself into thinking "it’s bottomed out because it fell so deep." The bottom in crypto is often several layers below.
**3. Silence at high levels is the deadliest**
High volume doesn’t necessarily mean a top, but a sudden lack of trading at high levels is a real warning sign. It’s like a bar where the music suddenly stops—usually, the next moment is the start of chaos.
**4. Confirming the bottom requires repeated verification**
A single large trade might be a trap to lure more buyers, but if after a prolonged downturn, volume continues to surge, that’s when serious funds are truly laying out their positions. Whether to buy or wait depends entirely on your patience.
**5. Candlestick charts are just autopsy reports; volume is the vital sign**
Candlesticks record what has already happened; volume is the real-time thermometer of the market. When volume shrinks to the limit, only retail traders are left cutting each other’s throats; a sudden surge in volume is like the smell of blood attracting sharks.
**6. Cultivate the "Three No’s" mental approach**
No obsession—when it’s time to exit, be ruthless and turn off the software; no greed—when the trend is tempting, keep your hands in your pockets; no fear—during sharp declines, stay calm and add to your positions.
This isn’t a Buddhist mindset, but an instinctive reaction to surviving after countless liquidations.
The crypto market has never lacked opportunities; what’s missing are those who can stay calm and wait patiently for the right moment.
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ImpermanentSage
· 6h ago
It's the same old argument again, trading volume, trading volume... Let's put that aside for now. I just want to know, did you really withdraw the 210,000?
View OriginalReply0
DevChive
· 6h ago
Sounds good, but isn't it true that only after surviving do you start telling stories? Who would listen to the 99% who die halfway?
View OriginalReply0
MonkeySeeMonkeyDo
· 6h ago
Is that a nice way to put it, or is it just survivor bias? The ones who are alive tell the stories, while those who died early didn't get a chance to speak.
View OriginalReply0
TokenomicsTinfoilHat
· 6h ago
You're right, but how many actually do it? I'm that kind of fool who nods after reading and gets excited when it rises.
View OriginalReply0
FloorSweeper
· 6h ago
It's the same old story, hearing it a thousand times and still no one is making money.
View OriginalReply0
DegenWhisperer
· 6h ago
It's the same old story again... trading volume, trading volume, are we here chanting a spell? I'm just asking how many people actually understand this.
That day, when I saw the sudden appearance of 210,000 in my account, I didn't rush to click the withdraw button. Instead, I stared at the screen in a daze for half an hour.
These numbers didn't make me ecstatic; instead, they pulled my thoughts back to that cramped rental house in 2016. At that time, with only 5,000 USD in my pocket, I boldly entered the crypto world—no guidance, no insider information, just a stubborn perseverance to grind for four years. In the end, my account grew to 1.2 million USD.
It wasn't luck. It was the "clumsy methods" I learned from being beaten by the market over 1460 days: treating the market as a battlefield, viewing liquidations as classroom lessons, and doing only three things every day—recording data, reviewing losses, and controlling my hands.
Today, I want to share what I’ve learned over these years. Even understanding just one of these points can help you avoid pitfalls; mastering all three will put you far ahead of 90% of trend followers:
**1. Trading volume is the pulse of the market**
Is it climbing like stairs or falling like a slide? Don’t rush to escape. Most of the time, the big players are quietly accumulating. The most dangerous pattern is a rapid rise followed by a slow decline—true market tops are always accompanied by massive sell-offs, which is the moment to cut losses.
**2. Flash crashes are not opportunities to pick up bargains**
The sharper the drop and the slower the rebound, the more it indicates that big funds are moving in and out. Don’t deceive yourself into thinking "it’s bottomed out because it fell so deep." The bottom in crypto is often several layers below.
**3. Silence at high levels is the deadliest**
High volume doesn’t necessarily mean a top, but a sudden lack of trading at high levels is a real warning sign. It’s like a bar where the music suddenly stops—usually, the next moment is the start of chaos.
**4. Confirming the bottom requires repeated verification**
A single large trade might be a trap to lure more buyers, but if after a prolonged downturn, volume continues to surge, that’s when serious funds are truly laying out their positions. Whether to buy or wait depends entirely on your patience.
**5. Candlestick charts are just autopsy reports; volume is the vital sign**
Candlesticks record what has already happened; volume is the real-time thermometer of the market. When volume shrinks to the limit, only retail traders are left cutting each other’s throats; a sudden surge in volume is like the smell of blood attracting sharks.
**6. Cultivate the "Three No’s" mental approach**
No obsession—when it’s time to exit, be ruthless and turn off the software; no greed—when the trend is tempting, keep your hands in your pockets; no fear—during sharp declines, stay calm and add to your positions.
This isn’t a Buddhist mindset, but an instinctive reaction to surviving after countless liquidations.
The crypto market has never lacked opportunities; what’s missing are those who can stay calm and wait patiently for the right moment.