In the cryptocurrency world for six years, I have seen too many ups and downs. A teacher from Hangzhou, who is fifty this year, started with 12,000 and rolled it into more than 30 million using the simplest methods. There are no mysterious tips, just sticking to a few simple principles.
These six insights may be more practical than technical indicators:
1. Rapid increases and slow decreases often indicate that the main force is quietly accumulating positions, don't get washed out.
2. Sharp declines and weak rebounds likely mean that funds are withdrawing, don't rush to catch the falling knife.
3. High volume at a peak doesn't necessarily mean an immediate top, shrinking volume at the top is more worthy of vigilance.
4. One volume spike at the bottom is not enough to confirm, continuous volume is needed for a solid bottom.
5. Trading cryptocurrencies is essentially a battle of human emotions, and volume is the thermometer of sentiment.
6. Finally, the "nothing" principle: without desire and fear, one can transcend cycles.
Endure the empty positions to catch the market trends.
I am Uncle An, not anxious, not impatient, let's go far together. @安叔复利之路