#数字资产市场洞察 A seasoned trader from Shenzhen, who has been navigating the crypto market for 12 years. He has witnessed dramatic market trends and experienced tumultuous challenges. From an initial capital of 80,000, he managed to grow it to 80 million.
Interestingly, this 49-year-old man leads a rather restrained lifestyle. He lives in a regular residence, rides an electric bike to go out, and even haggles when buying groceries at the market. He says that this down-to-earth way of living is what keeps a person's mindset stable. Many people think that making a lot of money means spending lavishly, but he is quite the opposite— the wealthier he becomes, the more cautious his mindset.
Turning the principal into a hundred times does not rely on luck, nor has he taken any shortcuts. He shares the trading iron rules he has summarized over the years:
**A rapid rise followed by a slow fall is the accumulation.** After the main force pushes the price up to a high position, they will not hastily crash the market to cut losses, but will instead pull back gradually. This is when retail investors are most easily shaken out. It is crucial to withstand this kind of small volatility.
**Weak rebound after a sharp fall? Be cautious.** This trend indicates that the main forces have already exited. Many people think about bottom-fishing, but end up stepping into the "trap" left by others when they withdraw.
**Don't treat high volume as a peak.** Instead, watch for low volume. High volume at the top often indicates a change of hands, while a truly dangerous signal is a decline on low volume—that's what suggests the market may have reached its end.
**The bottom must be assessed by repeated volume increases.** A single volume increase can be misleading; only repeated volume increases can prove that the main force has truly entered the market, and market consensus is gradually forming.
**Emotions always outweigh charts.** Don't get fixated on complex indicators. The crypto market is ultimately a game of human nature, and volume is the truest thermometer of emotions.
**The highest state is "nothingness".** Not attached, not greedy, not fearful. Those who can endure staying out of the market and waiting often grasp those critical market movements.
To be honest, the biggest opponent in the crypto market is not the market makers or the market itself, but one's own greed and restlessness. There are always opportunities in the market; the key is whether one can maintain their mindset, control their actions, and hold onto their positions. Only by achieving these three things can one hope to go far in the encryption market.
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DisillusiionOracle
· 5h ago
800,000 turning into 80 million... sounds easy, but how many pits have you actually stepped into?
That part about haggling over vegetables is really something, the richer you are the more timid your mindset becomes, this point really hits home.
Waiting in a Short Position is the hardest move, it's just so hard to resist, brother.
Making money relies on mindset, not some complex indicators, it's enlightening.
The last sentence is the harshest - the opponent is greed itself, it's too real.
The terminal illness of retail investors is the itch to trade, they know but can't change it.
A decline with lower trade volumes is the real peak, higher trade volumes instead indicate a handover, this logic needs to be understood in reverse.
It feels like everything said is right, but when it comes to oneself, it's still getting played.
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NotFinancialAdvice
· 5h ago
It's easy to say, but the real test is whether you can actually resist the urge to act... Most people simply can't.
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The detail of haggling in the market is incredible; the wealthier someone is, the more frugal they tend to be, that's the real winner.
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When it comes to mindset, it's true; I lost money because I couldn't control my hands.
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I deeply resonate with the feeling of a sharp fall followed by a weak rebound; I've stepped into several traps.
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Why does it feel like these things are all correct, but in practice, I just can't stay steady?
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The key point about repeated higher trade volumes at the bottom; a single occurrence can't fool me.
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From 80,000 to 80 million... Do you dare to believe someone can really do that?
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The most heart-wrenching part is that last sentence; the real opponent is actually one's own greed, it's too real.
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A decrease in trade volume is more dangerous than a decrease with higher trade volumes; I hadn't thought this logic through before.
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Not being obsessed, not being greedy, not being fearful; it sounds simple but is truly difficult to practice.
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Looking at this brother's restrained life, he becomes more cautious after gaining wealth; this is the true winner's mindset.
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MevHunter
· 5h ago
Bro, this theory sounds right, but how many can really achieve "nothing"? I'm the type of person who feels uncomfortable holding a Short Position.
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The 49-year-old brother bargaining at the vegetable market is indeed tough, flipping hundreds of times yet staying so low-key, I've reflected on that.
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I have deep experience with falling volume; last time I didn't recognize this signal and went straight from high positions into a trap until now.
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The phrase "emotion is greater than the chart" hits hard; every time I look at the Candlestick Chart, I feel like an expert, but then when I rush, I just get slapped in the face.
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The last three points are spot on, but why is the execution so difficult... especially controlling that hand part.
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From 80,000 to 80 million in 12 years, there must be more stories behind this; is it possible that there were many pitfalls along the way?
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Hash_Bandit
· 5h ago
honest take... the "no greed, no fear" part hits different when you've actually been through multiple difficulty adjustment cycles. been mining since the asic era started, and yeah, the emotional discipline is literally the hardest part of the network. most people can't handle the thermal management of their own portfolio lol
#数字资产市场洞察 A seasoned trader from Shenzhen, who has been navigating the crypto market for 12 years. He has witnessed dramatic market trends and experienced tumultuous challenges. From an initial capital of 80,000, he managed to grow it to 80 million.
Interestingly, this 49-year-old man leads a rather restrained lifestyle. He lives in a regular residence, rides an electric bike to go out, and even haggles when buying groceries at the market. He says that this down-to-earth way of living is what keeps a person's mindset stable. Many people think that making a lot of money means spending lavishly, but he is quite the opposite— the wealthier he becomes, the more cautious his mindset.
Turning the principal into a hundred times does not rely on luck, nor has he taken any shortcuts. He shares the trading iron rules he has summarized over the years:
**A rapid rise followed by a slow fall is the accumulation.** After the main force pushes the price up to a high position, they will not hastily crash the market to cut losses, but will instead pull back gradually. This is when retail investors are most easily shaken out. It is crucial to withstand this kind of small volatility.
**Weak rebound after a sharp fall? Be cautious.** This trend indicates that the main forces have already exited. Many people think about bottom-fishing, but end up stepping into the "trap" left by others when they withdraw.
**Don't treat high volume as a peak.** Instead, watch for low volume. High volume at the top often indicates a change of hands, while a truly dangerous signal is a decline on low volume—that's what suggests the market may have reached its end.
**The bottom must be assessed by repeated volume increases.** A single volume increase can be misleading; only repeated volume increases can prove that the main force has truly entered the market, and market consensus is gradually forming.
**Emotions always outweigh charts.** Don't get fixated on complex indicators. The crypto market is ultimately a game of human nature, and volume is the truest thermometer of emotions.
**The highest state is "nothingness".** Not attached, not greedy, not fearful. Those who can endure staying out of the market and waiting often grasp those critical market movements.
To be honest, the biggest opponent in the crypto market is not the market makers or the market itself, but one's own greed and restlessness. There are always opportunities in the market; the key is whether one can maintain their mindset, control their actions, and hold onto their positions. Only by achieving these three things can one hope to go far in the encryption market.