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Hey guys, stay alert and don't be fooled by those quick-rich dreams...
I have a buddy from Heilongjiang who has been in the crypto world with me for seven years. He doesn't believe in inside information or fancy tricks; he used the simplest method, starting with 80,000 yuan, and turned it into over 30 million.
What's even more impressive is that after getting rich quickly, he lives modestly and down-to-earth. Now he owns five properties: one for himself, one to honor his parents, and three for rental income. The passive income comfortably supports his later years—this is the goal that ordinary people should pursue.
He didn't rely on luck; he followed six simple principles, sticking to them day after day:
1. Rapid rise and slow fall indicate the main players are accumulating
After a sharp increase, a gentle correction usually means funds are quietly entering.
2. Rapid fall and weak rebound indicate the main players are distributing
If there's a sudden crash and it can't be rallied, don't try to bottom fish—you're just taking on the bag.
3. High volume at a top doesn't necessarily mean the end
High volume at a top can sometimes be a sprint; shrinking volume at a high level is what you should really watch out for.
4. Single large volume at the bottom isn't trustworthy
One spike in volume might be a false signal; continuous volume increases are the real bottom.
5. Trading crypto is about human psychology
Volume is the most direct reflection of emotions. Understanding it is ten times more effective than stubbornly relying on indicators.
6. "Nothingness" is the highest realm
No desire, no fear, no attachment. Only by holding a vacant position can you withstand big opportunities.
I'm just a humble observer, not here to hype or boast, only sharing experiences that help you survive. If you want to stay steady, let's stick together and keep warm.