Introduction: From 10,000 U to 9,000,000 U, I didn't rely on the 'rich-get-richer' myth
Friends, I'm Old Chen, a veteran in the crypto world who's been through ten years of ups and downs. I've witnessed the frenzy of 2017, survived the winter of 2018, and personally experienced the LUNA crash to zero. Over the past decade, I've grown my 10,000 U to 9,000,000 U—without insider tips, without riding the bull market. It was all built on a 'slow and steady' approach: studying candlestick charts, volume, and market sentiment every day, refining my trading system like leveling up in a game. Today, I'm sharing six heartfelt, real-world insights. Understand just one, and you'll avoid losing tens of thousands of U; follow three, and you'll outperform 90% of retail investors.
I. Rapid rise with slow decline indicates washing out; rapid drop with slow recovery is a trap
Rapid rise, slow decline: prices surge suddenly then gradually correct—this is usually the operator 'washing out' the market while lifting. Don't be scared by the volatility; the real top often comes after a sharp rally, followed by a 'crash'.
Rapid drop, slow recovery: after a crash, prices slowly rebound—seems like a bargain, but is actually the operator gradually dumping. Don't cling to the侥幸 of 'it's dropped so much, it must rebound.' This mindset is what most easily leads to deep losses.
II. Volume is the market's 'ECG'; understanding it is the key to survival
Don't panic when volume spikes at highs; the real danger is low volume. Volume during an uptrend shows ongoing competition; but when volume suddenly drops during a high plateau, it's often a precursor to a crash—when the market becomes unnaturally quiet, be alert.
Bottom volume must be sustained; a single bullish candle is often a trap: sudden volume at the bottom may be a false signal, but continuous volume after consolidation is the true sign of accumulation.
III. The essence of trading is fighting human nature; volume reflects human psychology
Candlesticks are the result, volume is the cause. When the market is quiet, volume shrinks; when funds are active, volume explodes. Traders' fear and greed are all hidden in volume:
When price and volume rise together, don't blindly chase highs—it might already be the end;
When price and volume diverge, don't rush to buy the bottom—this might just be a mid-game break.
IV. Sitting out is also a strategy; patience matters more than technical skills
Crypto has no shortage of opportunities—it lacks people who can control their hands. I've seen too many traders overtrading, ultimately working for exchanges. When the market is unclear, sitting out is already a win:
Don't obsess over every wave; abandon the head and tail, and focus on eating the most stable part in the middle;
Act decisively when it's time to bottom-fish, and exit without hesitation when it's time to leave.
V. Top players' secret: using rules to fight emotions
My core principles are three:
Only use spare money: if you lose, it won't affect your life—this keeps your mindset stable;
Stop-loss rule: never risk more than 5% of your capital on a single trade; avoid getting trapped deep.
Withdraw profits regularly: turn gains into cash—markets owe you nothing in digital form.
VI. Cycles never die—survival is the key to ultimate victory
There's an old saying in the crypto world: 'Make money in bull markets, accumulate coins in bear markets.' History repeats itself, but each cycle has unique details:
Although 2025 saw a major drop, on-chain data shows whales are still accumulating, stablecoin supply reached a record high, and potential buying pressure remains strong;
New narratives like tokenization and ETFs are still advancing; long-term outlook need not be pessimistic.
Conclusion: After ten years of groping in the dark, I want to give you a light
I'm no guru, just someone who spent ten years making mistakes and learning, turning trading into a repeatable system. There's no shortcut in crypto—only by enduring loneliness can you eventually enjoy prosperity. If you're struggling in confusion, follow my insights, and let's navigate bull and bear markets together using rules
Follow me, and I'll guide you through firsthand insights and precise crypto knowledge. I'm your navigation in the crypto world—learning is your greatest wealth!#加密市场观察 #币安上线币安人生 $ETH
