Do you remember the time when you could buy an Ethereum for 80 dollars? Back then, Bitcoin was only 3000 dollars. That's when I started trading contracts.
To be honest, I was initially just a liquidation specialist. But later, I gradually developed my own trading system. At my craziest, my account balance soared to over 30 million. Of course, I also experienced several near-zero lows in between. Fortunately, I am still alive now, and I'm doing pretty well.
Many people ask me how I survived in this ruthless market.
There is actually no secret, just stick to these six rules:
**Rule 1: If it rises sharply and falls slowly, it's mostly due to someone accumulating positions** If you see the price surge sharply but hesitate during the pullback, it's likely that large funds are quietly accumulating. Don't be scared off by a few small bearish candles; the main players are just waiting for you to panic. Look at the overall trend, and don't get caught up in one candlestick.
**Article 2: No strength to rebound after the plunge, be careful to sell off** Suddenly crashing the market, the subsequent rebound is weak and powerless. In this situation, it is highly likely that the main force is distributing chips. At this time, don't even think about catching the bottom, as what you might be catching is halfway up the mountain.
**Article 3: High Volume at High Levels ≠ Peak** Many people get scared when they see a large volume at a high level, but sometimes this is a sign of continued upward momentum. The real danger is when there is a decrease in volume at a high level—when no one is buying, that's when it's a signal that it might go down.
**Article 4: Bottom volume should be observed multiple times** If there is only one large transaction volume at the bottom, it may be a trap to lure in buyers. However, if there are multiple consecutive increases in volume, it indicates that a real consensus is forming, and the market will be more stable.
**Article 5: The Most Honest Trading Volume** Stop using all those flashy indicators; the market is ultimately a game of human nature. Where the emotions are, the trading volume will follow. If you understand the trading volume, you have understood more than half of the market.
**Article 6: Cultivating 'Heartlessness' to Live Long** If you want to go far in this circle, you must learn to be not greedy and not afraid. Only those who can patiently hold a cash position and wait for opportunities are qualified to seize the real big market movements.
Lastly, let me say this: the biggest enemy of trading is not the news, not the policies, but your own mindset.
The market is always full of uncertainty, but opportunities are hidden within. Stay calm, control your hands, control your heart, and you may have the chance to laugh last.
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fork_in_the_road
· 16h ago
I cried about ETH being 80 dollars, back then I was still trading Spot, I missed an era.
View OriginalReply0
WhaleWatcher
· 16h ago
What was I doing when ETH was at 80 dollars... If I had known, I would have gone all in, haha. It's too late to say these things now.
View OriginalReply0
RamenStacker
· 16h ago
Sounds good, but the number of those who can actually survive is few and far between. I see that most have still been played to death by the vampire market makers.
View OriginalReply0
LiquidationSurvivor
· 17h ago
80 bucks for ETH, that's really a heavenly day. Back then, I was just a pure gambler, went all in, and ended up getting liquidated and learned my lesson, haha.
View OriginalReply0
MrRightClick
· 17h ago
When I bought ETH for 80 bucks, I was still trading Spot, and I laughed at you contract maniacs getting Liquidated, but in the end, I still got trapped, haha.
View OriginalReply0
FallingLeaf
· 17h ago
80 dollars for ETH, I was still losing money at that time, thinking back it's just crazy.
Do you remember the time when you could buy an Ethereum for 80 dollars? Back then, Bitcoin was only 3000 dollars. That's when I started trading contracts.
To be honest, I was initially just a liquidation specialist. But later, I gradually developed my own trading system. At my craziest, my account balance soared to over 30 million. Of course, I also experienced several near-zero lows in between. Fortunately, I am still alive now, and I'm doing pretty well.
Many people ask me how I survived in this ruthless market.
There is actually no secret, just stick to these six rules:
**Rule 1: If it rises sharply and falls slowly, it's mostly due to someone accumulating positions**
If you see the price surge sharply but hesitate during the pullback, it's likely that large funds are quietly accumulating. Don't be scared off by a few small bearish candles; the main players are just waiting for you to panic. Look at the overall trend, and don't get caught up in one candlestick.
**Article 2: No strength to rebound after the plunge, be careful to sell off**
Suddenly crashing the market, the subsequent rebound is weak and powerless. In this situation, it is highly likely that the main force is distributing chips. At this time, don't even think about catching the bottom, as what you might be catching is halfway up the mountain.
**Article 3: High Volume at High Levels ≠ Peak**
Many people get scared when they see a large volume at a high level, but sometimes this is a sign of continued upward momentum. The real danger is when there is a decrease in volume at a high level—when no one is buying, that's when it's a signal that it might go down.
**Article 4: Bottom volume should be observed multiple times**
If there is only one large transaction volume at the bottom, it may be a trap to lure in buyers. However, if there are multiple consecutive increases in volume, it indicates that a real consensus is forming, and the market will be more stable.
**Article 5: The Most Honest Trading Volume**
Stop using all those flashy indicators; the market is ultimately a game of human nature. Where the emotions are, the trading volume will follow. If you understand the trading volume, you have understood more than half of the market.
**Article 6: Cultivating 'Heartlessness' to Live Long**
If you want to go far in this circle, you must learn to be not greedy and not afraid. Only those who can patiently hold a cash position and wait for opportunities are qualified to seize the real big market movements.
Lastly, let me say this: the biggest enemy of trading is not the news, not the policies, but your own mindset.
The market is always full of uncertainty, but opportunities are hidden within. Stay calm, control your hands, control your heart, and you may have the chance to laugh last.