Ten years of cryptocurrency trading experience have given me a profound understanding of the ever-changing nature of this market. Starting at the age of 22 in this field, and now at 32, I have witnessed countless rises and falls in the market. Between 2023 and 2024, my assets surpassed eight figures, significantly improving my quality of life. However, this is not a coincidence; it stems from years of insights and experience accumulated in the market.



As a trader who has experienced multiple market upheavals, I have summarized five key rules for surviving in the cryptocurrency market:

1. A slow decline accompanied by a rapid rise often indicates a phase of capital accumulation, which may give rise to the next round of increase.

2. Conversely, if the market shows a rapid decline but a slow recovery, it likely indicates that large holders are gradually exiting, and the market may be about to enter a downward cycle.

3. At a price peak, if the trading volume suddenly increases, do not rush to sell, as this may indicate that the upward momentum is still ongoing. However, if the trading volume shrinks at the peak, it may signal that the upward momentum has depleted, at which point one should consider exiting in a timely manner.

4. A surge in single transaction volume at price lows is not necessarily a buy signal, but if the volume continues to expand, it may indicate that funds are continuously flowing in, and at this point, gradual accumulation could be considered.

5. The cryptocurrency market is largely driven by sentiment, and trading volume reflects market consensus. Understanding and grasping this is crucial for successful trading.

However, achieving success in this market is not easy. Every decision, every operation, may come with immense pressure and challenges. The severe fluctuations in the market can be overwhelming, but it is this pressure that creates more resilient traders.

Maintaining a humble and continuous learning attitude is crucial for long-term survival in this market. We must always remain vigilant, constantly update our knowledge reserves, and optimize our trading strategies to cope with the various changes in the market. Never think that you know everything or are flawless, because the market is always changing, and there are always new situations that we need to adapt to and learn.

Finally, we must be good at seizing opportunities, but even more importantly, we must choose wisely. By collaborating with experienced individuals and following the right guidance, we can achieve greater success in this market full of opportunities and challenges. Remember, in the cryptocurrency market, having respect for the market, continuous learning, and staying vigilant are the true winning principles.
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SchrodingerGasvip
· 12h ago
The market needs to be patient.
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SignatureCollectorvip
· 08-12 13:51
The big guy is steady.
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CryptoMomvip
· 08-12 13:51
The details are in place.
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ChainPoetvip
· 08-12 13:49
Valuable experience, I have learned.
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StopLossMastervip
· 08-12 13:31
Indeed learned the key points.
View OriginalReply0
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