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Entered the crypto world in 2013, relying not on insider information or luck, but entirely on a set of "stupid methods."
Now I will share my 13 years of experience with everyone for free.
The 6 Major Laws of the Crypto World|Understanding them is worth more than learning ten different technologies:
1. Rises quickly and falls slowly = Accumulation
The rise is fierce and the fall is slow, which indicates that large funds are secretly accumulating. Don't be afraid of the drop; pay attention to the rhythm.
2. Fall fast, rise slow = offload
A weak rebound after a sharp drop indicates that the whales are fleeing. Don't be greedy for bargains; be careful not to become a bag holder.
3. High volume at the top = possible continued rise; no volume at the top = hurry to escape.
Volume determines direction; where there is volume, there is action; without volume, it's just a strong bow with no arrow.
4. Don't act impulsively when there's a volume increase at the bottom; sustained volume increases are what make it safe.
A single increase in volume may be a bait, while multiple increases in volume indicate that consensus is forming.
5. Trading coins is about trading emotions; consensus determines direction.
Forget the complex structure of candlestick charts, return to market psychology, and volume is the mirror of consensus.
6, "Nothing" equals everything
Without obsession, greed, or fear, there can be true winning rates.
Those who can remain in cash and wait for opportunities deserve to have big market movements.
The last point: the only enemy of trading is yourself.
The data from the beautiful country, the announcement from Binance, and the main force's rise,
These pieces of information are just appearances; the real variable is the fluctuation in your heart.