#数字资产市场动态 Ten years in the crypto world, starting from small retail investors

I am a post-80s Shenzhen native who has been in this market for a full decade. Starting with 50,000 yuan, with no insider info, no luck of getting rich quick, no shortcuts—just the simplest "foolish" way of living that keeps me going longer than others.

Someone asked me, why can some people withstand multiple bull and bear cycles while others exit after the first big dip? The answer isn’t that complicated: understand how the big players move their chips, and keep your emotions in check so they don’t control you.

Below are six rules I’ve learned through nearly 3,000 days and nights of market education. They’re not profound theories, but they can definitely help you avoid pitfalls for a couple of years.

**Quick rise followed by slow correction? Don’t think you need to run**
The market suddenly surges upward, then gradually drifts downward. 99% of people panic, thinking it’s the top. But in reality? It’s mostly a shakeout phase, with funds clearing out floating chips, and turnover still ongoing. What does a true top look like? Usually a big bearish candle, suddenly crashing down, trapping people.

**A slow climb after a flash crash? That’s the most dangerous**
Prices drop sharply, then crawl back up like a snail. The most common thought? "It’s fallen so much, it must rebound." But you know what? This pattern is mostly the big players pushing prices up to distribute their holdings—what looks like a second chance to buy-in is actually the final harvest.

**High volume at high prices is reassuring; low volume is dangerous**
Prices keep rising at high levels, with volume increasing, indicating bulls and bears are still fighting. But if prices stagnate and volume suddenly dries up, this eerie "quiet" often signals an imminent crash. It’s time to run.

**Two scenarios for high-volume bottoms**
A big bullish candle at the bottom might just be a smokescreen, trapping stop-losses. What’s the real reversal signal? Several days or even weeks of steadily increasing volume, indicating genuine accumulation.

**Candlestick patterns are illusions; volume is the market’s thermometer**
Too many focus on candlesticks for bullish or bearish signals, but that only shows the surface. To understand the true strength of the market, look at volume. Volume reflects the real intentions of participants. By reading volume changes, you can grasp what the market really wants.

**Traders who can hold no position are the true masters**
Holding no position isn’t cowardice; it’s restraint. Not chasing highs is rational, and not being overwhelmed by panic is confidence. When you see through the market but have no obsession, only acting when signals are truly clear, trading begins to work for you instead of against you.

Follow these principles, and you’ll realize the market is really just this simple. As long as you survive long enough, compound interest and time will do most of the work for you.

Follow me for ongoing updates on market trends and practical analysis. $BTC