#巨鲸动向 As a 32-year-old resident of Hong Kong from Hunan, I have been fighting in the Crypto Assets market for seven years, from an initial capital of 50,000 yuan to accumulating assets of 7 million yuan. In this investment journey of 2555 days, I have plummeted into many traps, and have also understood various tricks in the market. Today, I want to share six trading rules that I have obtained from bitter lessons, understanding one rule can save you a hundred thousand in school fees, and mastering three rules can make you surpass 90% of ordinary investors.
First: In a situation where prices rise quickly and fall slowly, remain calm. When the price of a coin rises rapidly and then starts to decline slowly, there is a high likelihood that a large fund is engaging in wash trading, with the aim of filtering out those who are less confident in holding the coin. Looking back to 2019, ETH surged sharply before entering a sideways period; I almost sold at the lowest point, only to realize later that the real danger was the sharp drop after the surge, that is the trap to lure buyers. Article Two: Beware of slow recovery after sharp decline After the market plummets, if there is a gradual increase, do not rush to buy at the lowest point. This usually means that large funds are taking the opportunity to offload positions. In the movement of Dogecoin in 2021, many people thought the market had fully fallen, but in the end, they were trapped in the last false rebound. Third: Pay attention to the high trading volume changes. The price is at a high level but trading volume remains strong, there may be room for extension; however, if the trading volume at high levels shrinks, we must be cautious. In 2022, when the price of LUNA coin reached 119 dollars, the trading volume was sluggish for three consecutive days, I immediately sold everything, and a week later its value became zero. Article four: The base volume must be continuously confirmed. After the market experienced a long-term decline, a large volume suddenly appeared in one day, don't act immediately. Although there was volume when ETH plummeted to 880 dollars last year, I chose to wait until it experienced horizontal consolidation for two weeks before it saw a large volume again, I only entered at 1200 dollars, and three months later I managed to double. Article Five: Trading volume precedes price The encryption market essentially reflects the changes of the human heart, and trading volume is a signal that emerges earlier than price. In the condition of alternative coins in 2023, many people only look at the price to chase the rise, but ignore the fact that transaction volumes have already shrunk. Prices are like a dog being pulled by market emotions, while trading volume is the leash that pulls the dog. Article 6: Train the state "without" Without obsession, we can patiently wait for the best entry opportunity; without greed, we won't blindly chase high prices; without fear, we dare to take risks during market panic. This is not a negative attitude, but a philosophy shaped in the bearish market environment of 2023. That year I had no positions for three months, avoiding 90% of the plummet, the essence of it all is training on the word "without". Market opportunities are everywhere, but what is truly rare is the ability to resist temptation. As a pragmatic Hunanese, I will continue to share interpretations of market signals in practice, helping everyone seek certainty in this highly volatile market.
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#巨鲸动向 As a 32-year-old resident of Hong Kong from Hunan, I have been fighting in the Crypto Assets market for seven years, from an initial capital of 50,000 yuan to accumulating assets of 7 million yuan. In this investment journey of 2555 days, I have plummeted into many traps, and have also understood various tricks in the market. Today, I want to share six trading rules that I have obtained from bitter lessons, understanding one rule can save you a hundred thousand in school fees, and mastering three rules can make you surpass 90% of ordinary investors.
First: In a situation where prices rise quickly and fall slowly, remain calm.
When the price of a coin rises rapidly and then starts to decline slowly, there is a high likelihood that a large fund is engaging in wash trading, with the aim of filtering out those who are less confident in holding the coin. Looking back to 2019, ETH surged sharply before entering a sideways period; I almost sold at the lowest point, only to realize later that the real danger was the sharp drop after the surge, that is the trap to lure buyers.
Article Two: Beware of slow recovery after sharp decline
After the market plummets, if there is a gradual increase, do not rush to buy at the lowest point. This usually means that large funds are taking the opportunity to offload positions. In the movement of Dogecoin in 2021, many people thought the market had fully fallen, but in the end, they were trapped in the last false rebound.
Third: Pay attention to the high trading volume changes.
The price is at a high level but trading volume remains strong, there may be room for extension; however, if the trading volume at high levels shrinks, we must be cautious. In 2022, when the price of LUNA coin reached 119 dollars, the trading volume was sluggish for three consecutive days, I immediately sold everything, and a week later its value became zero.
Article four: The base volume must be continuously confirmed.
After the market experienced a long-term decline, a large volume suddenly appeared in one day, don't act immediately. Although there was volume when ETH plummeted to 880 dollars last year, I chose to wait until it experienced horizontal consolidation for two weeks before it saw a large volume again, I only entered at 1200 dollars, and three months later I managed to double.
Article Five: Trading volume precedes price
The encryption market essentially reflects the changes of the human heart, and trading volume is a signal that emerges earlier than price. In the condition of alternative coins in 2023, many people only look at the price to chase the rise, but ignore the fact that transaction volumes have already shrunk. Prices are like a dog being pulled by market emotions, while trading volume is the leash that pulls the dog.
Article 6: Train the state "without"
Without obsession, we can patiently wait for the best entry opportunity; without greed, we won't blindly chase high prices; without fear, we dare to take risks during market panic. This is not a negative attitude, but a philosophy shaped in the bearish market environment of 2023. That year I had no positions for three months, avoiding 90% of the plummet, the essence of it all is training on the word "without".
Market opportunities are everywhere, but what is truly rare is the ability to resist temptation. As a pragmatic Hunanese, I will continue to share interpretations of market signals in practice, helping everyone seek certainty in this highly volatile market.