#数字资产生态回暖 $ZEC How much U do I need to save up to have the confidence to meet old friends.
At 38, I had a property portfolio in Shanghai, a few nice cars, and assets in the eight figures. But all of this stemmed from a nearly collapse experience 8 years ago.
When I first entered the crypto world, I was a complete novice. I invested 50,000 U and lost it all—liquidation, zeroing out, and I even stepped into the trap of exchange scams. The hardest times were unemployment, breakup, and drowning my sorrows in alcohol. I almost gave up completely.
Strangely, I survived the big crash in March 2018. While many went bankrupt that day, I saw a turning point. It seemed like luck, but later I realized it was a set of methodologies forced out of me through those experiences.
**Four rules summarized from the wreckage:**
**Sharp rise, slow fall → Market makers are eating up chips** The price surges sharply and then suddenly crashes, then slowly bottoms out. This is the main players harvesting retail investors. The true top usually appears at the moment of a violent rally followed by an instant limit-down.
**Sharp fall, slow rise → Beware of bait traps** After a flash crash, if the rebound is weak, don’t rush to buy the dip. This is often the last bait. Many people lose all their remaining U here.
**High volume still pushing up → Keep watching** If volume is still high and the price hasn’t stopped, there’s room for further rise.
**Suddenly no volume → Warning signal** This is a real sign of an impending crash. Exhausted trading volume is more terrifying than the price drop itself.
**Small volume at the bottom → Don’t be greedy** A sudden increase in volume could be a scam. Only sustained high volume indicates genuine main force entering.
All these lessons weren’t learned from books; they came from repeatedly paying tuition through liquidation experiences. The logic in the crypto world is simple: when others are chasing the rise or falling, creating noise, you learn to stay calm. Making money is never about luck; it’s about whether you can grasp the rhythm. Many, like me at the beginning, rush to recover their losses and end up losing even more. Later, I realized the market won’t run away, but our mindset can. Those who can wait patiently will ultimately profit.
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NFTHoarder
· 12-12 14:22
The things learned from liquidation tuition are more valuable than any tutorial, honestly.
Only when my mindset is truly stable do I realize how stupid chasing gains and panicking sell-offs are.
I need to memorize this set of theories, especially the signal of volume exhaustion.
50,000爆到八位数, how strong must one be psychologically?
Speaking of which, those who truly survive are skilled traders pushed to their limits. Is this survivorship bias or is there really a secret?
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RamenStacker
· 12-12 05:59
Liquidation from fifty thousand to eight figures sounds unbelievable, but that really hit me on the mindset part.
Others bottom-fishing by watching the volume, that's what the living should do.
The story is well told, but that phrase "sit quietly," I'll try to see how many days I can stick with it.
These four rules basically mean don't chase the rise, but when the market comes, the urge is still there.
Eight years ago, many people got liquidated, so why are you the one who survived? Probability is a tricky thing.
It's mainly about mindset; making money really requires patience.
Exhaustion of volume is scarier than a limit-down; this idea really hits hard.
Bro, are you still in the crypto world? It seems experience also needs to be updated in real-time.
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LiquidationTherapist
· 12-12 05:43
Liquidation costs the most but indeed teaches people the most. Those who "see through" the market are mostly survivors of bloody lessons.
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Honestly, volume is the best indicator that can't be fooled. Prices can be manipulated, but if the trading volume dries up, there’s really nobody left.
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Still the same point: a broken mentality is more frightening than a broken account. Many people died trying to quickly recover their losses.
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I've stepped into the trap of bottom-filling volume before. Now I see those sudden single-volume spikes and just pass, waiting for sustained volume before acting.
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The pattern of sharp rises and slow declines was very clear during the 2021 bull market. Many still shouted to buy-in, but the chips had already been dumped.
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In plain terms, it's about replacing greed with patience, and as a result, earning more. Ironic, isn’t it?
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Being able to stay calm is more valuable than anything else, but unfortunately most people can't endure three days before they start refreshing the market data again.
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AirdropFreedom
· 12-12 05:36
Getting wiped out and still making a comeback—this mindset is truly incredible.
Exactly, the key is not to be greedy. I was just too eager to recoup my losses, and as a result, I got deeper and deeper into trouble.
Those four rules can actually be summarized in one sentence: don't let the market manipulators mess with your mindset.
Really, being able to stay calm is better than anything. My friend was too active with trading, and in the end, he was left with nothing but loneliness.
The bottom trap that hits you hard—I've fallen for it every time.
This story sounds just like mine—so tragic.
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SudoRm-RfWallet/
· 12-12 05:30
Hey, this set of theories sounds good, but to be honest, it's mostly about luck. The times I got completely wiped out were also based on this logic, and I still didn't make it out alive.
Eight figures is just for reference. In this environment, just preserving your principal is good enough, don't overthink it.
Wait, are there really that many people who survived from 2018? I feel like more people are just walking dead.
#数字资产生态回暖 $ZEC How much U do I need to save up to have the confidence to meet old friends.
At 38, I had a property portfolio in Shanghai, a few nice cars, and assets in the eight figures. But all of this stemmed from a nearly collapse experience 8 years ago.
When I first entered the crypto world, I was a complete novice. I invested 50,000 U and lost it all—liquidation, zeroing out, and I even stepped into the trap of exchange scams. The hardest times were unemployment, breakup, and drowning my sorrows in alcohol. I almost gave up completely.
Strangely, I survived the big crash in March 2018. While many went bankrupt that day, I saw a turning point. It seemed like luck, but later I realized it was a set of methodologies forced out of me through those experiences.
**Four rules summarized from the wreckage:**
**Sharp rise, slow fall → Market makers are eating up chips**
The price surges sharply and then suddenly crashes, then slowly bottoms out. This is the main players harvesting retail investors. The true top usually appears at the moment of a violent rally followed by an instant limit-down.
**Sharp fall, slow rise → Beware of bait traps**
After a flash crash, if the rebound is weak, don’t rush to buy the dip. This is often the last bait. Many people lose all their remaining U here.
**High volume still pushing up → Keep watching**
If volume is still high and the price hasn’t stopped, there’s room for further rise.
**Suddenly no volume → Warning signal**
This is a real sign of an impending crash. Exhausted trading volume is more terrifying than the price drop itself.
**Small volume at the bottom → Don’t be greedy**
A sudden increase in volume could be a scam. Only sustained high volume indicates genuine main force entering.
All these lessons weren’t learned from books; they came from repeatedly paying tuition through liquidation experiences. The logic in the crypto world is simple: when others are chasing the rise or falling, creating noise, you learn to stay calm. Making money is never about luck; it’s about whether you can grasp the rhythm. Many, like me at the beginning, rush to recover their losses and end up losing even more. Later, I realized the market won’t run away, but our mindset can. Those who can wait patiently will ultimately profit.