Eight years ago, in that less-than-eight-square-meter rental room in Guangdong, I used to worry about rent every 15th of the month, even calculating every boxed meal I bought.
Now I own two properties, and my account assets have long surpassed ten million. This turnaround wasn’t thanks to so-called insider info or luck, but started with a small initial capital. After making mistakes and paying my dues, I summed up four survival rules.
I’m writing these down so you can avoid some losses:
**1. Don’t mistake a shakeout for a crash**
When I first started, I saw some altcoin soar and then gradually fall back. I got scared and sold everything, only to watch it double later. Now I get it: after a rapid surge, a gentle decline is usually just a shakeout—hold on and don’t panic. When you really need to run, it’s when massive volume is released and then the price suddenly dives—I dodged a major mainstream coin crash with this trick.
**2. Lack of volume at the top is a danger signal**
Once, a coin was consolidating at a high level, and suddenly the trading volume dried up. I didn’t think much of it, but within days it halved in price. That loss hurt, but it taught me: when the price floats high but volume keeps shrinking, it means funds are quietly pulling out—don’t hesitate to exit.
**3. Real bottoms aren’t made in a day**
I’ve been burned trying to catch bottoms too. After a coin crashed and bounced a bit, I thought the chance had come and went all in, only to be stuck for half a year. Later I realized: a true bottom is usually formed after the drop, with sideways grinding, volume slowly shrinking, and then several days of moderate volume increases—that’s the time to get in.
**4. Volume doesn’t lie**
Price charts can be drawn, candlesticks can be manipulated, but trading volume is the hardest to fake. Now I trade based on two things: whether the volume matches, and whether I’ve let go of my own obsessions. Don’t chase highs, don’t catch bottoms, always keep ammunition for high-certainty opportunities.
After all these years hustling in crypto, I never expected to get rich overnight. But as long as your methods are right, it’s entirely possible to gain a foothold and grow steadily in this market.
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Layer2Arbitrageur
· 12-03 15:34
lmao volume delta doesn't lie, but most people can't read it properly anyway
Reply0
BearMarketSurvivor
· 12-03 14:20
What you said makes sense, and the trading volume part is indeed true. But I still think 99% of people simply don't have the patience to wait for that "moderate increase in volume" at the bottom. As soon as they see a drop, they panic, and when they see a rise, they chase.
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NoStopLossNut
· 12-03 14:15
Volume really doesn’t lie, but the problem is that most people simply don’t understand it.
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It’s the same old theory again, but why does no one mention the element of luck?
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Sounds nice, but in reality, it’s just about surviving until the bull market cycle.
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I deeply relate to the point about no volume at the top—I only understood it after losing big once.
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Going all in eight years ago could have made tens of millions, but doing that now would probably have led to liquidation long ago.
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The key is still to survive long enough, to live until the next cycle comes.
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These rules are easy to talk about, but when it comes to execution, everyone has to fight their own greed.
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After reading it all, the most useful still is: don’t chase highs, don’t catch bottoms.
View OriginalReply0
Aika
· 12-03 13:58
Just go for it 💪
View OriginalReply0
VirtualRichDream
· 12-03 13:56
Volume is the only thing that doesn't lie; everything else is just an illusion. This is absolutely spot on.
Eight years ago, in that less-than-eight-square-meter rental room in Guangdong, I used to worry about rent every 15th of the month, even calculating every boxed meal I bought.
Now I own two properties, and my account assets have long surpassed ten million. This turnaround wasn’t thanks to so-called insider info or luck, but started with a small initial capital. After making mistakes and paying my dues, I summed up four survival rules.
I’m writing these down so you can avoid some losses:
**1. Don’t mistake a shakeout for a crash**
When I first started, I saw some altcoin soar and then gradually fall back. I got scared and sold everything, only to watch it double later. Now I get it: after a rapid surge, a gentle decline is usually just a shakeout—hold on and don’t panic. When you really need to run, it’s when massive volume is released and then the price suddenly dives—I dodged a major mainstream coin crash with this trick.
**2. Lack of volume at the top is a danger signal**
Once, a coin was consolidating at a high level, and suddenly the trading volume dried up. I didn’t think much of it, but within days it halved in price. That loss hurt, but it taught me: when the price floats high but volume keeps shrinking, it means funds are quietly pulling out—don’t hesitate to exit.
**3. Real bottoms aren’t made in a day**
I’ve been burned trying to catch bottoms too. After a coin crashed and bounced a bit, I thought the chance had come and went all in, only to be stuck for half a year. Later I realized: a true bottom is usually formed after the drop, with sideways grinding, volume slowly shrinking, and then several days of moderate volume increases—that’s the time to get in.
**4. Volume doesn’t lie**
Price charts can be drawn, candlesticks can be manipulated, but trading volume is the hardest to fake. Now I trade based on two things: whether the volume matches, and whether I’ve let go of my own obsessions. Don’t chase highs, don’t catch bottoms, always keep ammunition for high-certainty opportunities.
After all these years hustling in crypto, I never expected to get rich overnight. But as long as your methods are right, it’s entirely possible to gain a foothold and grow steadily in this market.