6 years in the crypto world, from 10,000 to 30 million—this story sounds like a fairy tale, but when broken down, the core is just a set of "stupid methods" mocked by short-term traders.
What's the key? Learn to read the minds of the big players.
**Understanding the difference between wash trading and distribution by watching BTC**
Rapid upward movement followed by slow decline? That's the big players shaking out weak hands, don't rush to sell. But if there's a 15% surge in one day followed by a 12% drop (we saw this play out in January this year), that's a trap to lure in buyers before dumping—missed by a step and you'll lose everything.
Another pitfall: a slow rebound after a big drop, looking like a bottom-fishing opportunity, but actually a trap set by the big players. Remember that wave before the FTX crash? BTC dropped 25% sharply, then slowly recovered over two days. Many bought in at the middle of the move. The big players never hold back; the phrase "bottoms are never spoken" should be engraved in your mind.
**For ETH, watch volume, not candlesticks**
High-volume consolidation (daily volume exceeding 15 billion USD) at high levels might still have room to run higher. But high-level consolidation with shrinking volume is dangerous.
What about the bottom? A volume spike during a rebound looks tempting, but most of that is bait. True accumulation happens with gentle, steady volume increases. A sudden 40% volume spike with an 8% rise? Forget it, the big players are just fishing again.
**Coins like SOL teach me one thing: volume reflects true market sentiment**
Candlestick colors are just performance, but trading volume and turnover rate tell the real story. When SOL skyrocketed, the daily turnover rate soared above 70%, a clear signal—markets are overheating.
**Mindset determines life or death**
Only with no obsession can you hold a position in cash; only with no greed can you avoid chasing highs; only with no fear can you dare to bottom-fish. Obsession makes people stubbornly hold losing positions; greed makes people stand at the top; fear causes missed rebounds.
Opportunities in the crypto world are never lacking; what’s missing is "control your hands, understand the situation." Going from 10,000 to 30 million isn’t about speed, but about mastering this set of "stupid skills"—the market hates clever tricks and loves disciplined people.
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6 years in the crypto world, from 10,000 to 30 million—this story sounds like a fairy tale, but when broken down, the core is just a set of "stupid methods" mocked by short-term traders.
What's the key? Learn to read the minds of the big players.
**Understanding the difference between wash trading and distribution by watching BTC**
Rapid upward movement followed by slow decline? That's the big players shaking out weak hands, don't rush to sell. But if there's a 15% surge in one day followed by a 12% drop (we saw this play out in January this year), that's a trap to lure in buyers before dumping—missed by a step and you'll lose everything.
Another pitfall: a slow rebound after a big drop, looking like a bottom-fishing opportunity, but actually a trap set by the big players. Remember that wave before the FTX crash? BTC dropped 25% sharply, then slowly recovered over two days. Many bought in at the middle of the move. The big players never hold back; the phrase "bottoms are never spoken" should be engraved in your mind.
**For ETH, watch volume, not candlesticks**
High-volume consolidation (daily volume exceeding 15 billion USD) at high levels might still have room to run higher. But high-level consolidation with shrinking volume is dangerous.
What about the bottom? A volume spike during a rebound looks tempting, but most of that is bait. True accumulation happens with gentle, steady volume increases. A sudden 40% volume spike with an 8% rise? Forget it, the big players are just fishing again.
**Coins like SOL teach me one thing: volume reflects true market sentiment**
Candlestick colors are just performance, but trading volume and turnover rate tell the real story. When SOL skyrocketed, the daily turnover rate soared above 70%, a clear signal—markets are overheating.
**Mindset determines life or death**
Only with no obsession can you hold a position in cash; only with no greed can you avoid chasing highs; only with no fear can you dare to bottom-fish. Obsession makes people stubbornly hold losing positions; greed makes people stand at the top; fear causes missed rebounds.
Opportunities in the crypto world are never lacking; what’s missing is "control your hands, understand the situation." Going from 10,000 to 30 million isn’t about speed, but about mastering this set of "stupid skills"—the market hates clever tricks and loves disciplined people.