Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Suddenly, 320,000 appeared in my account, but I just can't seem to smile.



The city of Hangzhou has witnessed my eight years of struggle in the crypto world. Between the ups and downs, my hair has become sparser, my eye bags heavier, and my heart has been worn down to the point of being undisturbed.

When I entered in 2016, I held 5000U in my hands. With no background and no insider info, I relied entirely on the simplest methods – after four years, I managed to roll my principal up to 1.2 million U. On this road, I've tasted the bitterness of liquidation more than once. But each time I fell, I was still able to get back up.

Reviewing every day has become a habit. Breaking down each operation to the minute. What is the hardest part? It is to control the hands that want to follow the trend when the market is fluctuating violently.

The pitfalls and bloodshed I've experienced over the years can be summarized into six lessons, hoping they can help you:

**1. Pay attention to trading volume, don't just look at the price**
Prices rise quickly and fall sharply. If you follow blindly, you will certainly suffer losses. A sudden spike followed by a slow drop? Most likely a trap. A rapid drop after a surge in volume at the top? That's when the harvesting begins.

**2. Flash crashes are not opportunities, they are traps**
After a sharp drop, slowly rebounding actually indicates that the main force is retreating. Don't think it's safe just because the price has hit the bottom—there is often a basement waiting below the floor.

**3. The highest position fears silence the most**
A surge in volume does not necessarily indicate a peak, but a decrease in volume at high levels is truly dangerous. It's like a bustling tavern suddenly falling silent; the next moment could be a table-flipping riot.

**4. At the bottom, observe endurance, don't trust single-volume releases**
An occasional increase in volume may be a false signal. Only after a sustained decrease in volume, followed by a continuous increase in volume, can it be said that the main force is truly accumulating positions.

**5. The candlestick chart is the appearance, the trading volume is the truth**
The candlestick chart only tells you the results of price fluctuations, but the trading volume can restore the madness and panic of the market at that time.

**6. Detaching from emotions to survive**
People who make money in the crypto world never rely on precise predictions. What they rely on is the courage to act decisively and the clarity to cut off greed and fear in a timely manner.

On the day the 320,000 arrived, I suddenly realized one thing: wealth is just a reflection of cognition. The lost youth and stability over the years, traded for experience and accumulation, can no longer be measured by numbers.

Most people are trapped in a vicious cycle, not because they don't work hard enough, but because they lack a guiding light. The market is always there, but opportunities do not wait for anyone.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
AirdropHunter420vip
· 9h ago
After eight years of losing half my hair, my account has risen 240 times. Is this deal worth it? Haha.
View OriginalReply0
HodlAndChillvip
· 16h ago
It took me 8 years to realize something, and I lost it all in just one month.
View OriginalReply0
ProbablyNothingvip
· 16h ago
Eight years of sharpening the sword, 320,000 in hand but feeling exhausted... I understand this feeling; making money is easy, but living is difficult.
View OriginalReply0
HypotheticalLiquidatorvip
· 16h ago
The high-level volume reduction period hit hard, and the most frightening thing is the eerie silence... Having 320,000 credited is actually more dangerous, as it's the easiest time to relax risk control thresholds.
View OriginalReply0
MetaverseLandlordvip
· 16h ago
Eight years of hair loss for 320,000, this deal seems like a loss to me. I’m already familiar with this trap of trading volume, the key is that I can’t control myself when I get tempted. It sounds nice, but isn’t it just a gambler’s self-comfort, as long as I haven’t Get Liquidated I’m there summarizing experiences. Cognitive mapping sounds like a motivational saying. But indeed, uh... I didn’t listen to that advice last year, and now I’m still in debt. I’ve fallen for this low volume at a high point, suffering heavy losses. Next time I see this trend, I’ll just run away.
View OriginalReply0
StableCoinKarenvip
· 16h ago
After eight years, I've lost all my hair and only made 320,000. Is this business worth it? Haha
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)