The crypto world has been around for 8 years, from the basement to Lujiazui: 4 lessons learned from 20 million.

In the winter of 2017, I lived in a basement outside the fifth ring of Beijing, six square meters, with no heating, relying entirely on an electric blanket.
Only 126 yuan left on the bank card, working during the day to save money, and watching the K-line at night.
Eight years later, I was in Lujiazui, looking at more than 22 million in my account.
It's not luck that counts, but the lesson learned from four lives.
1. Sudden rises and falls must indicate selling.
In the 2017 bull market, a altcoin rose 320% in ten days, I went all in with 80,000.
As a result, it plummeted 18% on the third day, losing 60,000 in a week.
Later I understood: a rapid increase of 30%+, then a sideways movement for 3-5 days followed by a volume increase and a drop of 15%, the manipulators begin to withdraw.
This form appears empty once after seeing it once.
2. High-level sideways movement is not an opportunity, it is a trap.
In 2019, I held mainstream coins in a sideways market for two months, leveraged my position to average down, and ended up being cut in half.
If the price remains flat for more than 20 days, turnover is below 2%, and deviates more than 20% from the 20-day moving average, it is a signal to sell.
Now that the system triggers this pattern, I will immediately reduce my position.
3. Bottom signal, look at volume not price
On March 12, 2020, there was a crash, I bought the dip on $LINK, and ended up getting trapped.
Later I understood: the true bottom is "low volume consolidation + three consecutive days of gentle increasing small bullish candles."
Last year, when BTC 25000 showed this pattern, I went all in and sold at 42000, making a profit of 5.8 million on a single trade.
4. Trading volume is the truth; position determines life and death.
Only those who live long enough are qualified to win.
I only operate with half a position and do not use leverage.
Last year, I entered the market when $PEPE surged five times, and immediately took profits when the trend broke.
Earn 12 times, avoid the crash.
In the crypto world, it's not about who is the smartest, but rather who can survive.
The market changes, but human nature remains the same.
Stick to the bottom line, and you will go far.