2026-01-12 13:20:15

My friend is a Chaozhou native who has been rooted in the crypto circle for eight years. I have witnessed her journey from starting with over 200,000 to reaching over 80 million.

At 36, she lives a simpler life. She resides in an ordinary house, rides an electric scooter when going out, and still bargains at the vegetable market. She says this kind of down-to-earth life is a sense of security that money can't buy.

Her capital can multiply hundreds of times, but she has never relied on insider information, only a few strict rules she always follows. To summarize, perhaps it can help everyone avoid some pitfalls:

**1. Rapid Rise, Slow Fall = Accumulation Signal** After a main force pushes up, they won't immediately dump, but will slowly retrace to accumulate. Don't panic when you see this rhythm; small fluctuations won't shake out the true holders.

**2. Sharp Drop, Weak Rebound = Distribution** After a sudden dump, if there's no strength to rebound, it's likely the main force is fleeing. Don't think about bottom-fishing; that's a trap left by others.

**3. High Volume at Top ≠ Guaranteed Top** Large transactions at the top are often just chip rotation. The real warning sign is a decline during low volume.

**4. Repeated High Volume at Bottom** One spike in volume might be a trap, but repeated spikes indicate the main force is truly entering, and consensus is forming.

**5. Sentiment is More Important Than Technicals** Don't obsess over candlesticks and indicators; the market, in essence, is a game of human nature. Volume is the most honest expression of emotion.

**6. The Highest State of Mind is "Nothing"** No attachment, no greed, no panic. Those who can hold cash and wait for opportunities deserve the big trend.

The real opponent in the crypto world isn't the market maker or the trend itself, but the greed and itchiness in people's hearts. Those who can stay calm, control their hands, and hold their positions will be the ones to laugh last. Most people are stuck in a cycle, not because they lack effort, but because they lack a guiding light. The market never misses an opportunity, and opportunities never wait—only by following the right mindset can we walk out of the darkness.

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SatoshiHeir

· 01-12 13:50

It should be pointed out that there is a key fallacy in this Chaozhou friend's argument framework — she confuses technical volume analysis with human psychology battles. According to the original white paper, the price discovery mechanism in the blockchain market should be based on on-chain data, not purely emotional fluctuations. Clearly, the fifth point about "emotion being more important than technical analysis" has long been refuted in my review of community discussions over the years. Her success may be more due to survivor bias — just fortunate enough to be cautious enough before the cycle top.

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CommunityWorker

· 01-12 13:46

Chaozhou people are really tough. After eight years, they multiply their wealth hundreds of times and still ride electric bikes to bargain. That's what true success looks like. Most people make a little profit and then start to slack off, only to lose it all back in the end.

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SchrodingerWallet

· 01-12 13:43

Eight years of multiplying several hundred times and still riding an electric bike to bargain—that's the true winning mindset. Unlike some people who want to show off their wealth as soon as they make a profit.

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AmateurDAOWatcher

· 01-12 13:43

Rapid rise and slow fall, I’ve observed this pattern. Indeed, many people cut their losses during small pullbacks. It’s amateurish. That’s right, impatience is the biggest enemy, more deadly than any indicator. Bargaining while riding an electric bike—that’s the true temperament of a winner. Those impatient and flashy ones will fall sooner or later. A repeated increase in volume at the bottom is a sign to watch out for. I’ve been burned before by chasing after it once, but now I’ve learned to be smarter. A decline on decreasing volume is much more frightening than a volume spike at high levels. Too many people are looking at the wrong signals. Emotions are more honest than candlestick charts. This saying is truly insightful—trading volume never lies. Earning 80 million over eight years without relying on insider information—this level of self-discipline is exceptional in the crypto world. Most people simply can’t do it.

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StablecoinArbitrageur

· 01-12 13:38

ngl her volume analysis framework actually checks out—the correlation between repeated accumulation patterns and subsequent breakouts is statistically significant if you've got the discipline to backtest it properly.

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TradFiRefugee

· 01-12 13:37

Bargaining for 80 million on an electric bike... This is just ridiculous. I'm still regretting the stop-loss order from yesterday.

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ShitcoinArbitrageur

· 01-12 13:23

The attention to detail in bargaining is amazing. Rich people are actually the most frugal, I truly believe that. But honestly, there are many people who understand these six points, but few can actually execute them... It's still the moment when the itch is hardest to resist. I've been burned by rapid rises and slow declines before, I just couldn't hold back at the time. It's really just one word—wait. Wait until the flowers have withered. A decline on low volume is the real kill, I have deep experience with this... a bloody lesson. No matter how well you explain, it’s useless. The key is whether you can control that greed, which is the hardest part of all. Repeated volume increases at the bottom are the most practical; single-volume spikes are indeed easy to fall into traps. Basically, it’s a mindset issue. No matter how strong your skills are, if your mentality collapses, it’s over. Starting from twenty thousand to over eighty million, that multiple... just hearing about it sounds a bit unbelievable. The most feared thing is smashing during low volume, that’s when the main force truly makes a move. If I can let go of this obsession, everything else won’t be difficult. I need to jot down these six mental methods in a small notebook so I don’t repeat old mistakes next time.

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