I have witnessed the madness of communities shouting 'all in' at 3 AM, and received messages from friends who deleted their accounts after 'liquidation'. After crawling in the crypto circle for 10 years, I found that those who can laugh last are never the ones with the 'biggest gambling nature', but rather those who 'know how to go against human nature.'
Just like my old friend A-Ling from Chaozhou, who entered the market 8 years ago with over 200,000, now her account shows 7 zeros, yet she still lives in the old town riding an electric scooter to bargain for fifty cents on vegetables at the market. She says, 'The faster the crypto circle drifts, the harder it falls; staying grounded is the key to stability.'
In the past few years, I have thoroughly analyzed her operations and summarized 3 'anti-humanity iron laws' that have been proven effective—after all, being able to survive the bear market and reach the bull market, while pocketing the profits, has never relied on luck.
First rule: Don't panic during rapid rises and slow falls; the main force is 'filtering out the timid.'
Last year, after the leading coins surged from 50,000 to 60,000, they continuously adjusted to 55,000 over a week, and the community was filled with cries of 'it's broken, run quickly,' even my assistant was nervously asking whether to liquidate. But A-Ling added to her position on the third day of the adjustment, with one reason: 'The main force puts in effort to push it up, they won’t be as eager to sell as retail investors; slow declines are washing out the impatient ones while picking up some cheap chips.'
As a result, half a month later, this thing directly surged to 68,000 — you see, in the crypto circle, 'patience' is worth more than 'sharp vision'; most people lose because they fear missing out during rises and fear going to zero during falls, being led by their emotions.
Second rule: When there’s a rapid drop and stagnation, hurry and slip away; don’t be a 'training student for taking over.'
Previously, a certain star public chain coin suddenly dropped from 200 to 150, and many people thought 'it has dropped enough' and crazily bought at the bottom, but the rebound couldn't even touch 170. A-Ling directly liquidated her position at that time and sent a message in the small group saying, 'If it doesn't bounce back after a big drop, it means the main force is secretly selling; entering the market at this time is no different from giving away money.'
Later, this coin indeed fell to 120, and those who bought at the bottom began to shout 'buying halfway up the mountain.' I often say that a 'bounce' in the crypto circle is like a 'boyfriend's apology'; some are sincere, some are just to trick you into reinvesting — when you can't tell the difference, 'running away' is always safer than 'gambling.'
Third rule: Volume is more reliable than K-line, 'trading volume doesn't lie.'
Many beginners stare at the K-line every day to draw trends, but forget the most basic 'price-volume relationship.' The first point A-Ling taught me is: Don't be afraid of high volume at high positions; for example, when the leading coin of the merging concept rises to 4000 and the trading volume increases, it is actually a change of hands, and if the new main force takes over, it can still rise; but if it falls on low volume, such as slowly dropping from 4000 to 3800 with little trading volume, you should be cautious — this indicates that no one is willing to take over, and the market is about to turn.
Moreover, repeated high volume at the bottom is the real opportunity. Last year, when a certain platform's ecological coin dropped to 200, there was a volume spike, A-Ling didn't move, and only entered after three consecutive days of stable volume at 220. She said, 'A single volume spike may be a bait, just like a market shouting ‘last day of clearance sale’; if they are still open after three days, then it's a real promotion.'
In the past few years, my biggest realization from learning with her is: what 'magical techniques' are there in the crypto circle? If you can execute these few iron rules to the end, you will win over 90% of people. After all, most people don't lose because they 'don't understand technology,' but because they can't resist 'itchy hands' and 'greed.'
Now I have also developed the habit: if I don't understand the market, I will stay out; I'd rather miss out on 10 opportunities than step into a pit. Don't laugh, during last year's bear market, I stayed out for 3 months and ended up losing 60% less than those who were 'day trading' every day.
Finally, I want to share a famous saying from A-Ling: 'The market is always there, just like there are always vegetables for sale in the market; what you fear is that you are so hungry that you don't care whether the vegetables are good or bad, you just stuff them into the basket.'
