A few days ago, I was chatting with a 39-year-old guy from Shanghai. We talked about his eight years in the crypto world, and he shared a story that left a deep impression on me.

This guy entered the market in 2008. At first, like most people, he was full of dreams of getting rich overnight. But later, he gave up on flashy operations, had no insider information, and didn't rely on luck. With an initial capital of only 30,000 yuan, he managed to build a net worth of over 50 million in the crypto space. What's even more remarkable is that after getting rich, he didn't indulge in reckless spending. Instead, he became more low-key and down-to-earth. Now, he owns 5 properties—one for himself, one to honor his parents, and three for rental income. His life is stable and secure, and he's long since been at ease about the future.

This kind of success story sounds like a joke, but if you think about it carefully, what he did is actually quite simple. It’s not about complex technical analysis or following some big influencer’s operations, but about a few straightforward principles. He has adhered to these principles for 8 years, and each one has been validated through real actions.

**First: Prices rise sharply but respond sluggishly when falling**

This kind of trend often indicates that big funds are quietly accumulating. The main players won't let the price fall too much because they need to continue collecting chips. When you see this kind of candlestick pattern, it suggests that the main force's rhythm isn't finished yet, and there’s still room for growth. Many people get shaken out at this stage and regret it two days later.

**Second: Falling like a meteor, but rebounds weakly**

This is a warning sign. A sudden crash indicates large funds are fleeing. Even more painful is that the rebound is weak, and the market shows no enthusiasm. At this point, retail investors trying to buy the dip are most likely to get trapped. Funds are withdrawing, and you’re still thinking about picking up bargains? That’s the most common self-destructive move in the crypto world.

**Third: Large volume at a high level doesn’t necessarily mean a top**

Many see high volume at a peak and immediately sell, only for the price to continue rising. In fact, high volume at a high point can sometimes be a signal of the final sprint by the main force. The real danger comes after a volume spike at the top—if trading volume suddenly shrinks, that’s a true signal that the main force has finished distributing and the trend is about to reverse.

**Fourth: A single day of huge volume at the bottom is a bait; sustained volume indicates a real bottom**

Occasionally, a day with extremely high trading volume is just a false signal created by big players to make retail investors think the bottom has arrived. But a genuine bottom forms only after several days of continuous high volume. This is the process of market participants gradually reaching a consensus. Once you understand this, you won’t be easily fooled by a single day’s large volume.

**Fifth: Trading crypto is really about manipulating sentiment, not charts**

Technical indicators, moving averages, MACD—these look professional, but honestly, they are just summaries of past data. What truly drives prices is the market participants’ emotions. Volume precisely reflects this sentiment. So instead of memorizing indicators blindly, it’s better to learn how to read the human nature behind the volume.

**Sixth: The highest state is "Three No’s"—no desire, no fear, no attachment**

This is easy to say but hard to do. No desire means no greed; no fear means no panic; no attachment means no obsession. Stay disciplined during flat periods, avoid impulsive chasing of gains, don’t fear missing out, and don’t cling to a particular asset. When a real big opportunity comes, you’ll have the mindset and capital to seize it.

Over eight years, he survived by following these six principles. The market fluctuates daily, new projects emerge endlessly, and new coins pop up every month. But he never gets dazzled by these distractions. He keeps his principal intact, stays true to his original intention, and maintains a steady footing. Only then can he share in every cycle of the industry.

This story tells us that true wealth accumulation isn’t about gambling for overnight riches, but about respecting market discipline. The secret to steady profits is being solid and patient, not rushing or being restless. Grasp each opportunity carefully, and in the end, you can achieve the transformation from 30,000 to 50 million.