#数字资产市场动态 A trader in Shenzhen has been active in the crypto circle for 12 years, witnessing many ups and downs. His story is quite typical: starting with 80,000 yuan, now has a net worth of 80 million.



But guess how he lives? At 49 years old, he lives in the most ordinary residential housing, commutes on an electric scooter, and still goes to the vegetable market weekly to haggle over prices. He often says that this kind of simple, everyday life makes his heart feel grounded. Without it, no matter how much money he has, it’s all meaningless.

He has multiplied his principal hundreds of times without relying on luck or insider information—only by strictly adhering to a few principles. Today, I’ll break them down and share, maybe it can help you avoid some pitfalls:

**1. Rapid rise followed by slow pullback is a sign of accumulation**
When the main force pushes the price up, they will often patiently pull back slowly to accumulate. Many people panic at the pullback and get shaken out by small fluctuations. Actually, the more volatile this period, the more it indicates someone is trying to buy cheap.

**2. Beware of sharp drops with weak rebounds**
A sudden plunge followed by a weak rebound is likely the main force quietly exiting. At this point, don’t think about heroically bottom-fishing; if they’ve already left, you’re just jumping into the trap yourself.

**3. High volume at a top doesn’t necessarily mean the peak**
Many think that a top must be accompanied by high volume, but often, high volume at the top is just chips changing hands. What you should really be cautious of is a decline on decreasing volume, when trading activity is sluggish—this usually means the market has lost momentum.

**4. Repeated volume at the bottom indicates real money entering**
A single spike in volume might be a trap to lure more buyers, but if the volume repeatedly increases at the bottom several times, it shows genuine capital is entering, and market consensus is gradually forming.

**5. Volume is more honest than charts**
Don’t rely too much on complex technical indicators; ultimately, the market is a game of human nature. Volume is like the market’s real temperature—more truthful than any fancy chart.

**6. The "nothing" state is the highest realm**
Not being attached, not greedy, not panicked. Those who can patiently wait in an empty position are often the ones who can seize the big trend when it comes.

The fiercest opponent in the crypto world isn’t the market maker or the trend itself, but human greed and finger itchiness. Those who can control their hearts, hold their hands, and guard their positions will be the ones who make it to the end.
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
CounterIndicatorvip
· 14h ago
It's the same old story again. Every time they say that volume is the most honest indicator, but as soon as they turn around, they're still caught. I think human nature isn't that complicated; it's just greed, haha.
View OriginalReply0
GasBankruptervip
· 01-15 16:45
Damn, 80,000 in 2012 to 80 million now, and the key is living in residential areas and shopping at local markets? That's the true mindset of the wealthy—no pretenses, no arrogance, no reckless behavior. I need to reflect on my own bad habits of frequent trading.
View OriginalReply0
OnchainGossipervip
· 01-15 12:31
I'm absolutely impressed by the bargaining at the vegetable market. Even with 80 million, who cares about a few bucks for vegetables? That's what I call a true winner's mindset. Most people, when they make money, their first reaction is to splurge, but they actually become more frugal. By the way, I kind of get the realm of the "Wu" character now—being in cash is the hardest to endure, but often the big opportunities come during these times.
View OriginalReply0
FlatTaxvip
· 01-15 12:29
Bargaining to buy vegetables is amazing; this is the true winner's demeanor.
View OriginalReply0
NotFinancialAdviservip
· 01-15 12:15
Haggling at the vegetable market is really impressive; still so lively at 80 million, truly a stable mindset. Compared to those who get rich overnight and buy luxury cars and villas, this guy really understands. I need to think more about the trading volume aspect.
View OriginalReply0
ChainWallflowervip
· 01-15 12:11
Remember, I have a crypto friend who is also like this—8 million turned into 80 million, and he’s still bargaining at the vegetable market... This mindset is truly remarkable, much more clear-headed than those who shout about tenfold or hundredfold gains every day.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)