These rules are lessons learned the hard way, paid for with real money. Understanding one rule can help you avoid losing tens of thousands; mastering three can help you outperform 90% of retail investors.

**Rule 1: Don't panic to sell after a rapid rise and slow decline** When I used to play with shanzhai coins, I would panic when I saw a sharp increase followed by a slow decline. As a result, I would sell just before it doubled again. Later I realized: a gradual pullback after a high is a shakeout, and true dumping happens with a sudden big bearish candle after a rapid rise.

**Rule 2: Don't chase after cheap coins during a sharp decline and slow rise** When ETH plummeted, I thought I was catching a bargain and increased my position for the bottom. But I was worn down by the downward trend and doubted everything. A big bearish candle followed by a slow climb is usually a bait set by whales while they run, stay away from it.

**Rule 3: Shrinking volume at the top is the most dangerous** When there's high volume at a high price, there might still be a push for another rally. But if volume shrinks, a trend reversal is imminent. In 2021, when Dogecoin showed a volume drying-up signal at its peak, I immediately sold all, and three days later it halved.

**Rule 4: Continuous volume at the bottom is the real opportunity** A single-day spike in volume is often a trap. The real bottom is when volume consolidates then steadily increases, leading to a breakout. When BTC dropped to $16,000 in 2022 and this signal appeared, I went all-in and doubled my investment within six months.

**Rule 5: Trading volume is more honest than candlesticks** Candlestick charts can be manipulated, but volume can't deceive. I always check volume first, then price. When volume and price diverge, no matter how beautiful the candlestick looks, it's just drama.

**Rule 6: The highest realm in the crypto world is "Three No's"** No obsession — don't hold on stubbornly; no greed — don't chase highs; no fear — dare to buy the dip. Over 8 years, I've seen too many fall because of these three hurdles: "can't let go, can't resist, can't move." Keeping these three words in mind is more effective than anything else. Market conditions change, rules don't. Getting the rhythm right is more important than anything. #美联储会议纪要将公布