Simple and effective will always surpass complicated and cumbersome.
Having been in the crypto space for over ten years, I have seen too many myths of overnight riches and witnessed countless tragedies of sudden liquidation. But what impresses me most are those quiet, steady earners. A 36-year-old seasoned investor turned 200,000 into 80 million over 8 years, not through insider information or high-leverage contracts, but by staying low-key to this day.
After asking her for her secret, I realized that the core is actually six simple trading rules. Today I share them in hopes of helping you safeguard your principal and grow steadily in this volatile market.
**Rule 1: Watch out for slow rises and sharp drops; don’t panic and buy the dip**
A certain coin gradually rises with small increments, with one or two larger pullbacks followed by rebounds. Many people immediately sell off. In reality, this is mostly the main force quietly accumulating. Short-term dips are just to shake out the weak hands. I’ve seen too many retail investors panic and exit at the first sign of a correction, missing the main upward wave. The real downtrend looks like this: after a sharp plunge, the rebound is weak—that’s when you should sound the alarm.
**Rule 2: Small rebounds after a crash are traps**
When an asset suddenly crashes and then shows a weak rebound over the next few days, with gains less than a few tenths of a percent, that’s a sign of distribution. Those seemingly "bottoming out" weak rebounds are often tricks to lure more buyers. Last year, I saw someone ignore advice and insist on buying the dip at such "seemingly bottomed" levels, only to get trapped for half a year before selling at a loss. Remember: the true bottom won’t be so volatile.
**Rule 3: Be cautious of volume surges at the top**
A surge in trading volume at high levels is usually not a good sign. When the main force increases volume at a high point, it often means they are quietly distributing their holdings. Retail investors tend to chase the rally at this time, ending up as the last bagholders.
**Rule 4: Shrinking volume at the bottom makes rebounds more credible**
In the true bottom zone, trading volume will be extremely low. When you see several days of very small trading volume but the price begins to rise slowly, that’s a sign of accumulation. This pattern of low volume and rising price often indicates a potential breakout ahead.
**Rule 5: Be stubborn about buying the dip; don’t switch coins frequently**
Some people chase excitement by frequently switching between different coins at the bottom. This is a common mistake among retail investors. Instead of constantly trading, it’s better to pick one or two assets you believe in long-term, and hold through short-term corrections. I’ve seen too many people fail to make money because they switch coins too often.
**Rule 6: Avoid futures contracts and don’t listen to rumors**
This is the most critical rule. Futures leverage amplifies your psychological swings, and a single misjudgment can wipe out your capital. Insider information is even more dangerous. True wealth accumulation comes from holding and waiting, not from daily trading.
These six rules may seem old-fashioned, but it’s precisely this old-fashioned persistence that allows people to survive and even profit amid the repeated upheavals of the crypto market.
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SillyWhale
· 9h ago
200,000 to 80 million, damn, these numbers are a bit outrageous
But Lao Renyi is really straightforward; the six rules are truly eye-opening, especially the one about not touching contracts. I don't know how many people around me have fallen for this
What can I say, it's just about controlling this greed
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LiquidityLarry
· 9h ago
In simple terms, don't waste time; focusing on preserving the principal is the key.
View OriginalReply0
ShibaOnTheRun
· 9h ago
Basically, it's about taking more while doing less. I've seen many people trade every day but not even preserve their principal.
Simple and effective will always surpass complicated and cumbersome.
Having been in the crypto space for over ten years, I have seen too many myths of overnight riches and witnessed countless tragedies of sudden liquidation. But what impresses me most are those quiet, steady earners. A 36-year-old seasoned investor turned 200,000 into 80 million over 8 years, not through insider information or high-leverage contracts, but by staying low-key to this day.
After asking her for her secret, I realized that the core is actually six simple trading rules. Today I share them in hopes of helping you safeguard your principal and grow steadily in this volatile market.
**Rule 1: Watch out for slow rises and sharp drops; don’t panic and buy the dip**
A certain coin gradually rises with small increments, with one or two larger pullbacks followed by rebounds. Many people immediately sell off. In reality, this is mostly the main force quietly accumulating. Short-term dips are just to shake out the weak hands. I’ve seen too many retail investors panic and exit at the first sign of a correction, missing the main upward wave. The real downtrend looks like this: after a sharp plunge, the rebound is weak—that’s when you should sound the alarm.
**Rule 2: Small rebounds after a crash are traps**
When an asset suddenly crashes and then shows a weak rebound over the next few days, with gains less than a few tenths of a percent, that’s a sign of distribution. Those seemingly "bottoming out" weak rebounds are often tricks to lure more buyers. Last year, I saw someone ignore advice and insist on buying the dip at such "seemingly bottomed" levels, only to get trapped for half a year before selling at a loss. Remember: the true bottom won’t be so volatile.
**Rule 3: Be cautious of volume surges at the top**
A surge in trading volume at high levels is usually not a good sign. When the main force increases volume at a high point, it often means they are quietly distributing their holdings. Retail investors tend to chase the rally at this time, ending up as the last bagholders.
**Rule 4: Shrinking volume at the bottom makes rebounds more credible**
In the true bottom zone, trading volume will be extremely low. When you see several days of very small trading volume but the price begins to rise slowly, that’s a sign of accumulation. This pattern of low volume and rising price often indicates a potential breakout ahead.
**Rule 5: Be stubborn about buying the dip; don’t switch coins frequently**
Some people chase excitement by frequently switching between different coins at the bottom. This is a common mistake among retail investors. Instead of constantly trading, it’s better to pick one or two assets you believe in long-term, and hold through short-term corrections. I’ve seen too many people fail to make money because they switch coins too often.
**Rule 6: Avoid futures contracts and don’t listen to rumors**
This is the most critical rule. Futures leverage amplifies your psychological swings, and a single misjudgment can wipe out your capital. Insider information is even more dangerous. True wealth accumulation comes from holding and waiting, not from daily trading.
These six rules may seem old-fashioned, but it’s precisely this old-fashioned persistence that allows people to survive and even profit amid the repeated upheavals of the crypto market.