🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Having navigated the crypto space for 6 years, turning an initial capital of 48,000 into a net worth of 65.2 million, I want to tell all those still confused about trading: making money never relies on luck or some profound skills, but on execution and understanding the market's essence.
My name is 39 years old, from Guangdong, and I have experienced two complete bull and bear cycles. I have seen the madness of coins doubling in value within 24 hours, and endured months of despair during prolonged downtrends. Over the years, I’ve summarized a few rules that sound simple but have saved my account countless times during shakeouts and trap setups.
**Distinguishing Fake and Real in a Bullish Trend**
The most testing time for your mindset is during a rally. Many people see prices soaring and want to lock in profits immediately, rushing to take profits. In fact, a slow correction is not threatening at all; it’s just the market makers clearing out their positions. What does a truly dangerous signal look like? It’s a pattern like this: after a sharp surge, the price suddenly crashes in a cliff-like manner—this is a classic trap to lure in traders and harvest their positions.
Conversely, when a downtrend hits, if the decline is large and rapid, but the subsequent rebound appears weak and slow, it might look like a bargain opportunity. Don’t be fooled. Behind this pattern is often a “leverage trap” set by the market makers. Once you enter, a second wave of trap setups may follow, leaving you caught in the middle of a mountain pass.
**Volume Is the True Reflection of the Market**
This is the most core experience: don’t be scared by the ups and downs on the K-line chart; volume is the true mirror of market consensus.
At high levels, don’t rush to sell just because volume increases. The real danger is when volume dries up. Even if the price reaches a high, if trading volume shrinks and upward momentum weakens, that’s a clear warning of a top—get out before it’s too late.
At the bottom, patience is key. A sudden spike in volume doesn’t mean you should rush to buy; it’s likely just a bait set by the market makers. Wait until volume diminishes again, and the price oscillates in the bottom zone, then see a steady increase in volume over several days—this is the most reliable signal for building a position.
**Three Key Understandings of Trading**
First: Trading in crypto ultimately boils down to trading emotions. The rise and fall hide the psychological changes of market participants, and these are fully reflected in trading volume. Understanding volume means understanding the market’s temperature.
Second: Managing your mindset is far more important than technical skills. I’ve seen many traders with strong technical analysis abilities, but they still fail due to psychological volatility. Maintaining rationality amid market noise is what separates experts from amateurs.
Third: Holding no position is also a skill. Not every moment requires holding a position, and not every opportunity should be taken. The ability to abandon uncertain trades and wait for the optimal entry point requires discipline.
**My "Three No’s" Philosophy**
No obsession: Don’t be fixated on a particular coin or direction. The market always offers new opportunities. Missing one wave isn’t the end of the world; staying alive and waiting for the next wave is the key.
No greed: Never try to catch the bottom or sell at the top. Chasing highs and panic selling are common rookie mistakes. I’ve learned this through 6 years and countless losses.
No fear: When it’s time to act, be willing to take a heavy position. But this courage isn’t blind; it’s based on thorough analysis and risk assessment.
**Why Are So Many Still Losing Money?**
The problem often isn’t the technique itself but fighting alone. Trading solo against K-line charts and volume can easily lead to being misled by market noise. A slight rise excites you, a small dip causes panic, and your trading becomes distorted.
What truly changes trading results is finding someone who can help you see the right direction and stay rational. Over these 6 years, my success from 48,000 to 65.2 million has been due not only to my execution but also to continuous learning and adjustment, forming a stable profitable system.
If you’re still confused about buy and sell points, try re-evaluating your trades with volume analysis. This “simple method” isn’t flashy, but it has proven effective through bull and bear cycles. Avoiding detours is actually the smartest way to make money.