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Meet a trader who has been rooted in the crypto world for six years. He personally watched himself go from 20,000 yuan to a eight-figure fortune. But strangely, the growth of his wealth has not changed him at all.
At 42 years old, he lives very modestly—residing in an ordinary apartment building, riding an electric bike, and bargaining at the vegetable market for a few yuan. It's hard to imagine that this is the trader who has made a fortune from mainstream coins like @BTC@ and others.
Later, he shared that his success over the years has never relied on insider information or luck, but on strictly following a few rules. After hearing these summaries, I finally understood why most people can't make money:
**Rapid rise and slow decline is accumulation.** Major players won't sell immediately after pushing prices up but will slowly pull back to absorb chips. When you see this rhythm, don’t be scared out by small fluctuations.
**Sudden drop and stagnation is distribution.** After a sharp decline, if the rebound is weak, it’s usually the main force quietly exiting. Don’t try to bottom fish at this time; it’s likely a trap set by others.
**High volume at the top doesn’t necessarily mean a peak.** Volume at the top often just indicates chip turnover. The real warning sign is when prices drop with decreasing volume.
**Repeated volume at the bottom.** A single volume spike might be a trap to attract buyers, but only multiple repeated volume increases indicate that the main force has truly entered and market consensus is forming.
**Emotion always outweighs indicators.** Don’t be fooled by complex technical indicators; ultimately, the market is driven by human nature. Volume is the most genuine reflection of market sentiment.
**"Nothing" is a mental method.** No obsession, no greed, no fear. Those who can endure holding cash and waiting are the ones who deserve to catch big trends.
The biggest enemy in the crypto world is not the market makers or the market itself, but your own greed and itch to trade. Those who learn to control their desires and hold their positions will be able to go all the way. When the market is there, opportunities are there too—it's all about whether you can stay calm.