“How much USDT do you need to save up before daring to ask that question - 'Long time no see'.”
I am 36 years old this year, living in Hangzhou. I have 1 house, 3 luxury cars, and my assets have crossed eight figures. $SIREN
But 8 years ago, when I first entered the crypto world, I was just a clueless beginner.
I invested 50,000 USDT, and lost it all in a few moves. Liquidation, zero balance, encountered exchanges running away...
I have stepped on every pitfall on this road. $ON
At my worst, my girlfriend also left. $RIVER
I drowned my sorrows in alcohol alone, almost giving up like this.
Strangely, on March 12, 2018, during that 'black swan' event - the day countless people went bankrupt - I survived and even saw the light.
The market is absurd like this, like a grand gamble.
Some people turned their fortunes around with 2,000 yuan, while others went to zero overnight.
As for me, I didn't wait for any miracles, just gritted my teeth, reviewed my trades over and over, honed my mentality inch by inch, and persevered step by step.
All relying on a set of seemingly clumsy but definitely effective rules
1️⃣ Fast rises and slow falls = the big player is eating
If the price of a coin rises sharply and then slowly adjusts, it is usually the big player harvesting chips. The real peak is often a sudden crash after a violent rise.
2️⃣ Fast falls and slow rises = the big player is offloading
If there is a slow rebound after a flash crash, don't rush to pick up bargains. This is often the last bait.
3️⃣ Volume at the top doesn't mean it's over; no volume is the most dangerous
If the price is rising with volume, it may continue to rise; once there is no trading volume, that is the real sign before a crash.
4️⃣ Don't rush with volume at the bottom; sustained volume is reliable
One instance of volume may be bait; only sustained volume is a true breakout signal.
These rules were not learned from books, but were earned through repeated liquidations and reviews.
The crypto world is like this; others are greedy, chasing rises and killing dips. You must learn to control yourself and not be led astray by market noise.
Whether you can make money is not about luck, but whether you can grasp the correct rhythm.
Many people are like I was back then, thinking about quickly recouping losses, the more anxious, the more they lose.
And I finally understand, the market will always come back, but the rhythm waits for no one.
Nice to meet you all, Brother Bin focuses on Ethereum and Bitcoin contract spot ambushes. The team still has spots available, hop on quickly to become a big player and also a winner.