Having been in the crypto world for 8 years, starting from 50,000 yuan to now, I have never relied on any insider information, never thought about shortcuts, let alone relying on luck. If there is a secret, it’s the simplest one — living longer than others.

People often wonder why some can survive long-term in the crypto market, while others disappear after one or two cycles. The answer isn’t that complicated: understand the game rules of the whales, and control your greed.

During these nearly 3000 days, I have repeatedly verified 6 iron laws, simple but truly effective:

**Rapid rise and slow fall doesn’t necessarily mean the top.** When the market suddenly surges and then slowly retraces, it’s mostly funds rotating and shaking out, not necessarily a trend reversal signal.

**Fast fall and slow rise also isn’t necessarily an opportunity.** After a flash crash, a slow climb may look like a window for a second entry, but it could actually be the final stage of the main players unloading. Don’t be fooled by the illusion of “enough of the drop.”

**High volume at high levels isn’t scary; low volume is.** Continuous buying and selling at high levels indicate ongoing market participation. Once trading volume suddenly dries up, it’s often a precursor to a big drop.

**A single large bullish candle at the bottom doesn’t mean a turnaround.** The true bottom is formed day by day. Several days of stable volume indicate funds are building positions. A single giant bullish candle is likely just a false signal.

**Price is just surface; trading volume reveals true intentions.** Studying candlestick charts is less insightful than analyzing volume trends, which hide the market’s real consensus and the true strength of bulls and bears.

**Being willing to hold cash is the mark of a true expert.** Holding no position isn’t a lack of courage; it’s a calm judgment of the situation. Not chasing highs is self-control, and not panicking is real confidence. Being detached from the market allows your trades to generate profits instead.

I’ve stepped into many pitfalls in the crypto world and walked many paths. Whether to avoid some detours is entirely up to you.