When it comes to making money in the crypto world, I think of a friend's story.

A few years ago, he moved from China to Singapore with hundreds of thousands of yuan invested in crypto. Now? His net worth is in the tens of millions. Is the gap big? Anyway, I was just staring with wide eyes at the time.

Back then, I was heavily in debt in the crypto space. One time we met, he talked to me for a few words, and it instantly cleared my mind. What he said was very simple: "In the crypto world, 99% of people are driven by emotions. If you can control yourself, this place becomes your ATM."

Later, I reflected on his years of trading strategies and summarized six hard truths. Sharing them with everyone.

**Rule 1: Rapid Rise, Slow Fall = Signal of a Foodie**

Crypto prices surge wildly, but when they fall, they do so sluggishly. This usually indicates big funds quietly building positions. At this point, many retail investors are scared and want to sell off, but if you see the rhythm clearly, you should understand—big players are buying.

**Rule 2: Rapid Drop, Slow Rise = Warning to Sell**

Conversely, this is dangerous. Prices drop like an elevator, but rebounds are sluggish and lack momentum. This might mean the big players are running. Don't be attracted by low prices; be cautious of catching the last wave.

**Rule 3: High Volume at Top vs. No Volume at Top**

Seeing large trading volume at a high point? There might still be hope. But if the volume is thin at the top, it’s the end of the line—time to exit quickly. Volume is the market's heartbeat; with a pulse, it’s alive; without a pulse, it’s over.

**Rule 4: Be Cautious with Volume at Bottom**

A single spike in volume might be a trap to lure buyers. Several consecutive volume increases indicate a genuine consensus forming. Don’t be fooled by one-time volume at the bottom; look for sustainability.

**Rule 5: Trading Crypto is Basically Trading People’s Minds**

Set aside complex candlestick charts and return to the basics—the market psychology. Consensus determines the trend. And trading volume? That’s the most direct mirror of consensus.

**Rule 6: None**

No obsession, no greed, no fear. Sounds like chicken soup, but it really works. Those who can stay out of the market and wait patiently, without rushing to enter, are the ones who can soar when the big trend arrives.

Finally, I want to say:

The biggest opponent in trading is not the market, but yourself. US economic data, project promotions, major players boosting prices—these are just surface phenomena. The real variables are hidden in the fluctuations within your own mind. If you can control your greed and fear, you’ve already won more than half the battle.

People who make money in crypto are never smarter than others; they are more clear-headed. Clear enough to know when to strike and when to lie low.