Ten years of ups and downs in the crypto market, I started with 120,000 and gradually grew to hundreds of millions. During this time, I stepped into countless pits and seized a few real opportunities. All the lessons learned have been condensed into six principles—they saved me and became my amulet for surviving in this market.



**Understanding the Game Rules of Capital**

Opportunities are never obvious; they hide within the rhythm of price movements. When you see a trend that is "ferocious in rise, gentle in fall," nine times out of ten, it’s the big players quietly accumulating by pushing the price down. Those who follow at this time usually end up making money. Conversely, if the pattern is "sharp decline but weak rebound," it indicates large funds are fleeing, and you must exit immediately. Recognizing these two rhythms clearly will prevent you from being shaken out and avoid foolishly trying to bottom fish during a decline.

**Volume Speaks More Than Candlesticks**

Volume is like the market’s breath. A sudden huge volume on a single day at a high level? That could mean intensified disagreement between bulls and bears. But if the volume remains sluggish over time, it’s safe to say this trend is nearing its end. A single spike at the bottom is often just a tentative buy; a real turning point requires "continuous gradual increase in volume"—this indicates a new market consensus is being built layer by layer. Volume is always more honest than price; this has been my deepest insight after ten years of trading.

**Charts Reflect Human Sentiment, Not Numbers**

Candlestick charts and various indicators—they don’t record the price itself, but the emotions of everyone in the market. Fear and greed take turns playing out on these charts. True technical analysis isn’t about mechanically reading signals but about feeling the collective mood of the market through the charts. Ask yourself: Is this a panic moment or a frenzy? The answer determines your next move.

**The Highest Realm of Practice is "Nothing"**

This is the hardest lesson to master. "Desireless"—not greedily chasing every small rise; "Fearless"—remaining rational even during a crash; "Non-attachment"—completely clearing out when it’s time to exit, not hesitating to cut losses. Easy to say, hard to do—how many hurdles must be overcome? The greatest profits come precisely from two moments: one, your calmness during market madness; two, your patience during market despair.

**Cycles Are the Iron Law, Not Advice**

Bull markets inevitably turn into bear markets, and bear markets into bull markets. This is not prediction but a rule. So, the task in a bull market is to realize profits and secure gains; in a bear market, it’s to learn quietly and lay out ambushes. Use truly cycle-proof capital for medium- and long-term allocations, and use idle funds for swing trading—only then will you always be qualified to wait for the next spring.

**The Real Enemy Is in the Mirror**

The market is a mirror—it reflects everything about you—fear, greed, luck. You can’t escape any of it. All external good news or bad shocks ultimately turn into results through your emotions and execution. The secret to stable profits isn’t prediction but repeatedly conquering the demons within your mind.

In the past, I blindly stumbled in the dark, getting battered and bloodied. Now, it’s different—I hold the light. These six principles are the light in my hand. Compared to complex technical indicators, they are the most fundamental things.

The light is always on. Do you want to follow?
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MetaverseLandlordvip
· 01-07 17:51
To be honest, the wave from 120,000 to tens of millions, how many pitfalls do you have to step on to truly understand it? --- The last line "The lamp is in my hand" is a bit interesting, but I think for most people, their lamp is being blown out. --- I agree that volume-to-K-line honesty is a painful lesson. --- No desire, no fear, no attachment—it's easy to say but extremely difficult to do, probably at hell level difficulty. --- There's no problem with the cycle theory; the key question is, can anyone really endure the bear market? --- That part about the mirror really hit home; in the end, making money is all about competing with yourself. --- I've noted the signal of a fierce upward trend with gentle declines. Next time, I'll give it a try.
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GasFeeVictimvip
· 01-07 17:51
Basically, it's still about overcoming yourself. Those technical indicators are really not that useful. --- Ten years from 120,000 to hundreds of millions? I've heard that story too many times. The key is how many people stick with it. --- I agree with the honesty of volume; candlestick charts can be deceptive, but volume can't. --- Being desireless, fearless, and unattached sounds easy, but try a sudden crash and see how many people panic. --- The last sentence is a bit of a motivational cliché, but it’s true. --- The cyclical law is correct, but the problem is that most people run away during a bear market and only dare to buy during a bull market. --- The tactic of absorbing and suppressing, it depends on the distribution of holding costs; otherwise, it’s easy to be manipulated. --- I've fallen for the weak rebound signals several times; just looking at candlesticks isn't enough, it also needs to be combined with market liquidity. --- It looks very clear-headed, but the market is full of twists and turns. Maintaining the right mindset is still the hardest part.
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GateUser-44a00d6cvip
· 01-07 17:38
That's right, you just need to quit the greed habit. Gaining wealth through volume is the real way; candlestick charts are just illusions. Without desire, fear, or attachment—sounds like a joke. Things learned after ten years of pitfalls are truly valuable. I'm most afraid of a weak rebound trend, which makes it too easy to get caught. In the face of cycles, everyone is equal; those who can't wait will eventually be eliminated.
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NotSatoshivip
· 01-07 17:36
120,000 to tens of millions? Man, this story really can't be fake... To put it nicely, the key is to survive the next bear market first. No desires, no fears, sounds like cultivation... but actually it's just about not greed and not fear. The trading volume is indeed more honest than K-line charts, I agree on that. It's always "the lamp is in my hand"... the next "lamp" will probably be those following the trend, the leek farmers. Mindset accounts for seventy percent, technical skills for thirty percent, there's no denying that. Starting from 120,000, how many pitfalls must one step on to reach ten million... who calculates the time cost? "Is it a panic moment or a crazy moment"—this sentence hits the core. If these six points were really so magical, no one would be cutting losses in a bear market. I believe in cycle theory, but I don't believe everyone can hold out until the next round.
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GweiWatchervip
· 01-07 17:30
It's easy to say, but the key is to survive. --- 120,000 to tens of millions? How many pitfalls did it take to learn... --- Volume doesn't lie, this really hits hard. --- Desireless, fearless, and non-possessive—everyone can say that, but try it during a sharp decline. --- The last sentence is a bit grand, but it really hits the point. --- "Enemies in the mirror"—that's top-notch. --- I just want to know what exactly those few real opportunities of yours were, the details. --- Stop-loss is truly the hardest lesson, no doubt about it. --- This theory sounds great, but when it comes to actual trading, emotions still betray you. --- Combining volume and price is indeed more reliable than just looking at K-line alone. --- I agree with the cycle theory, but how to judge the cycle is a real skill.
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BuyTheTopvip
· 01-07 17:27
Sounds good, but "desireless" is easier to talk about than to do --- 120,000 to tens of millions? I feel like I always get stuck on the mindset --- The last sentence has that familiar feel, just always feel like the people I follow end up getting cut --- I agree that volume can't be deceiving, but why does the volume I see still deceive me --- "Rapid decline with weak rebound"... that's right, but I always react three seconds too late --- The real enemy is in the mirror, but I can't see clearly in my mirror, brother --- The cycle patterns are correct, but the problem is I follow the cycles in the opposite direction --- This article is a bit heavy on chicken soup, but among the six points, there are definitely some worth reading --- The bullish trend is fierce, the decline is gentle... the one I waited for turned out to be the opposite, a bloody lesson --- Calmness and patience are two things I am lacking
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GasFeeWhisperervip
· 01-07 17:25
Is it easy to truly achieve "nothing"? How many people can really do it? --- 120,000 to tens of millions? Sounds great, but can the contestants review which pitfalls they stepped into? --- The last line "The light is in my hand," always feels like something's missing... Is it the kind of light that helps me make money? --- I agree with the volume section; candlesticks flying everywhere are less honest than looking at the volume. --- The cycle theory is correct, but can a bear market really be approached calmly and stealthily, or is it only big players who can do that? --- No desires, no fears, no attachments... sounds like a cultivation manual. The cost of this practice in the crypto world is a bit high. --- Weak rebounds are a signal to escape? I thought so last time, but then it V-shaped reversed, so it depends on the specific situation. --- Compressing ten years of experience into six principles feels too simplified; the market isn't that predictable. --- This post is actually quite valuable, as long as you don't follow the crowd. --- The key is execution. You understand the rules, but your mindset collapses when it’s time to act.
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