There is an old trader in Shenzhen who has been rooted in the crypto market for 12 years. I have personally seen him turn 80,000 yuan into 80 million. At 49 years old, he lives surprisingly low-key—living in an ordinary residence, riding an electric bike for transportation, and bargaining at the vegetable market. He says that this kind of down-to-earth life is the true source of peace of mind.
What’s most curious is that he has never relied on insider information or pure luck to turn things around; it’s all based on a few trading principles he strictly adheres to. The insights he has summarized over the years are worth sharing.
**Rapid Rise and Slow Fall Often Attract Accumulation**
After the main force completes a rally, they usually don’t rush to dump. Instead, they choose a slow adjustment, gradually accumulating. Many people get scared out by small fluctuations at this stage, but in fact, this is a golden opportunity to get in, which is often wasted.
**Sudden Drop and Stagnant Rise = Signal to Distribute**
When the market suddenly drops sharply but fails to rebound strongly—this often indicates that the main force is withdrawing. Don’t think about bottom-fishing; that might be a "trap" left by others.
**High Volume at Top Doesn’t Always Mean Peak**
Volume at the top is often just a handover of chips. What to really watch out for are those continuous declines on decreasing volume—that signals the market may be reaching its end.
**Repeated Volume at Bottoms**
A single spike in volume can be mistaken for a trap. But if there are multiple volume spikes at the bottom, it proves that the main force is truly building positions, and market consensus is gradually forming.
**Emotions Are More Important Than Indicators**
Don’t get caught up in complicated technical indicators. The market is fundamentally a battle of human nature; trading volume is the most genuine reflection of emotions. As long as there is volume, there are signals.
**The Word "Nothing" Is the Highest Mindset**
No obsession, no greed, no fear. Those who can endure holding no position and patiently wait are the ones who deserve to seize the real big opportunities. Many failures come from the "itchy hands."
Ultimately, the biggest opponent in the crypto market is never the market maker or the trend itself, but your own greedy heart and restless hands. Opportunities are always there, but only those who can stay calm, control their desires, and hold their positions will survive in the crypto world until the end.
Follow the right mindset, choose the right direction, and you can survive long-term in this market. Either watch others eat up in a bull market or start cultivating this discipline from now on.
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LightningClicker
· 01-12 09:29
This guy is really the king of the track, and what's more, he's so low-key. If it were me, I would have already bragged to the sky.
Itchy hands are truly a terminal illness. I lost because of this, unable to control my positions...
I must remember this pattern of shrinking volume and decline; it feels more effective than any indicator.
To put it simply, it's about mentality. His ability to stay calm and patient— we need to practice that for ten years.
Volume speaks louder; everything else is just empty talk. I accept this logic.
Holding an empty position and waiting is tough, but he's right— you just have to endure.
From 80,000 to 80 million, it takes how many correct judgments... crazy.
It's not just luck; that’s even more frightening, meaning there really is a methodology.
I've stepped into those trap dumps before— lessons learned the hard way.
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ChainComedian
· 01-09 10:47
80,000 to 80 million? Just hearing about it is enough. I just want to ask if he's ever experienced that moment of losing everything overnight.
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CommunityWorker
· 01-09 10:40
It's really a nightmare for those with itchy hands. Bro, I've heard this set of logic many times before, but I still can't shake the habit of frequent trading.
You're right, the key is to endure, but who can truly hold through an empty position? Anyway, I can't do it.
I've noted the signal of continuous volume at the bottom. Next time I'm tempted to chase the rally, I’ll remember this haha.
Going from 80,000 to 80 million, the achievement is truly impressive, but this story always feels like something's missing. Did luck really not play any role?
It's easy to say don't be obsessed or greedy, but can you stay calm when you're actually losing money? Just asking myself.
I loved the part about bargaining at the market; the big shots are just different. No matter how much they earn, they keep this mindset.
I've seen many times that rapid rise and slow decline attract accumulation. The key is to distinguish clearly—too many people jump off halfway.
Volume confirms the signal; it's simple and straightforward, but executing it is the hard part, everyone.
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notSatoshi1971
· 01-09 10:33
It all sounds right, but I just want to ask, has this guy really never come into contact with insider information? Who would believe that?
There is an old trader in Shenzhen who has been rooted in the crypto market for 12 years. I have personally seen him turn 80,000 yuan into 80 million. At 49 years old, he lives surprisingly low-key—living in an ordinary residence, riding an electric bike for transportation, and bargaining at the vegetable market. He says that this kind of down-to-earth life is the true source of peace of mind.
What’s most curious is that he has never relied on insider information or pure luck to turn things around; it’s all based on a few trading principles he strictly adheres to. The insights he has summarized over the years are worth sharing.
**Rapid Rise and Slow Fall Often Attract Accumulation**
After the main force completes a rally, they usually don’t rush to dump. Instead, they choose a slow adjustment, gradually accumulating. Many people get scared out by small fluctuations at this stage, but in fact, this is a golden opportunity to get in, which is often wasted.
**Sudden Drop and Stagnant Rise = Signal to Distribute**
When the market suddenly drops sharply but fails to rebound strongly—this often indicates that the main force is withdrawing. Don’t think about bottom-fishing; that might be a "trap" left by others.
**High Volume at Top Doesn’t Always Mean Peak**
Volume at the top is often just a handover of chips. What to really watch out for are those continuous declines on decreasing volume—that signals the market may be reaching its end.
**Repeated Volume at Bottoms**
A single spike in volume can be mistaken for a trap. But if there are multiple volume spikes at the bottom, it proves that the main force is truly building positions, and market consensus is gradually forming.
**Emotions Are More Important Than Indicators**
Don’t get caught up in complicated technical indicators. The market is fundamentally a battle of human nature; trading volume is the most genuine reflection of emotions. As long as there is volume, there are signals.
**The Word "Nothing" Is the Highest Mindset**
No obsession, no greed, no fear. Those who can endure holding no position and patiently wait are the ones who deserve to seize the real big opportunities. Many failures come from the "itchy hands."
Ultimately, the biggest opponent in the crypto market is never the market maker or the trend itself, but your own greedy heart and restless hands. Opportunities are always there, but only those who can stay calm, control their desires, and hold their positions will survive in the crypto world until the end.
Follow the right mindset, choose the right direction, and you can survive long-term in this market. Either watch others eat up in a bull market or start cultivating this discipline from now on.