In 2017, I entered the cryptocurrency space with 2000 yuan, and today, my account has slowly grown to 36 million.
This journey has not been glamorous: I've faced liquidation, experienced deep pullbacks, and spent countless nights watching the market until dawn, paying a lot in tuition for my understanding.
What really kept me alive was not luck, but the 6 trading rules I refined over time.
Understanding each rule helps avoid many pitfalls; truly grasping three of them allows one to sidestep most retail investor traps.
First, after a rapid surge, don't rush to sell as it slowly retreats.
Such movements are more about washing positions, not a true peak. The real danger is a sharp increase in volume followed by an immediate waterfall decline, which often signals selling.
Second, after a plummet, don't rush to buy the weak rebound.
Many rebounds that seem to stabilize are actually the last round of baiting. The market never rewards a gambling mindset.
Third, high volume at a peak isn't necessarily bad; low volume is what’s scary.
High volume indicates that funds are still in play; once the volume disappears, it often means the main players have exited.
Fourth, the volume at the bottom should be looked at for sustainability, not just a single day.
A spike in volume in one day can easily be a false move; what’s truly reliable is a continuous and gentle volume increase after consolidation.
Fifth, candlestick patterns are just results; volume is the reason.
Price reflects emotions, while volume reflects consensus. If you can’t understand volume, it’s hard to see the essence of the market.
Sixth, the highest realm of trading is 'nothing.'
Without obsession, one can wait with an empty position;
Without greed, one can take profits in time;
Without fear, one can act in panic.
Emotional management is always harder than technique.
Over eight years, from following trends to remaining composed, I’ve spent over 2920 days to reach a conclusion:
Those who truly make money in the long run aren’t the smartest but the most patient and disciplined.
Opportunities are always plenty; what often lacks is direction and environment.
One person can move quickly, but a group can go far.
I’m Xiang Ge, willing to walk this path steadily with you.
For those who want to avoid detours, feel free to exchange ideas and reach the shore together.
Follow Xiang Ge for more firsthand information and accurate points on cryptocurrency knowledge! #国际油价下跌 #特朗普缓和局势 $ETH
