Every major dip tests people's resolve; behind every wealth-creating story lies countless blood, sweat, and tears.
Six years ago, I entered with full enthusiasm, holding only 30,000 yuan in savings, staring at the screen, thinking I had found the secret to wealth. It was only later that I realized this market can fulfill dreams but can also ruthlessly destroy them.
Today, I don't want to talk about any secret to making money; I just want to share a few survival rules hammered out with real money.
**Rule 1: Volume is the true way the market speaks**
Initially, I blindly trusted various technical indicators, only to be shaken out three times by false breakouts. It wasn't until later that I realized—candlestick charts can deceive, but trading volume won't.
A rapid rise followed by a slow fall is usually a signal of the main force accumulating; conversely, a sudden drop followed by a slow rise often indicates distribution. The most memorable was the market in September 2023, when Bitcoin plunged 20% in 24 hours, and altcoins halved in value, with panic spreading across the market. But careful observation at the bottom revealed huge volume, which was a signal. I decisively built positions in batches, and a month later, my account doubled.
An increase in price with no volume is always a trap, especially when it suddenly surges after a period of sideways movement at high levels—that's most likely the last frenzy.
**Rule 2: Flash crashes and rebounds are escape opportunities, not good times to buy the dip**
The word "buy the dip" taps into people's greed the most. I once rushed in when LUNA dropped 50%, only to watch it head to zero. Lesson learned with money.
The current rules are very rigid: use rebounds after flash crashes to escape, not to buy in. The market has its own rhythm; forcing entry will only make you the bag holder.
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AlwaysAnon
· 15h ago
Honestly, volume is real, but the candlestick charts are full of nonsense... I agree with that.
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I also participated in that LUNA wave. Looking back, greed really kills people.
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I remember the flash crash rebound and escape. Next time, don't take the bag again.
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Six years of sharpening the sword just to understand these few points. Truly, only with blood and sweat money can you comprehend.
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Unusual volume surges are just bait, the last frenzy before high-level dumping... I've seen too many cases like that.
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I also experienced the huge volume doubling at the bottom at the end of September. It feels like catching this rhythm is the real skill.
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Bottom fishing, so many people get caught up in these two words... greed can really be deadly.
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0xDreamChaser
· 15h ago
Trading volume is really a truth detector; K-line tricks me a thousand times... I'm still dreaming about the LUNA incident to this day.
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EntryPositionAnalyst
· 15h ago
It's the same story again. The volume and other metrics are correct, but when panic sets in, who can stay calm and watch the market?
I was also watching that LUNA wave. Seeing him stay so calm made me feel like I haven't lost enough.
The phrase about quick rebounds and escaping death hit home. If I had known earlier in 2022, I wouldn't have been so greedy.
Honestly, these things are all armchair strategies after the fact; the key is execution.
Volume indeed doesn't lie, but people can deceive themselves.
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NotSatoshi
· 15h ago
That really hits home. I also suffered a huge loss with LUNA that time. Now, seeing the rebound, I reflexively want to run.
In terms of trading volume, truly massive volume that is visible to the naked eye is more honest than any indicator.
The psychology of bottom fishing is really driven by greed. The flash crash is just testing who is the greediest.
A rise on low volume is a big trap. I've seen many people get wrecked here.
This decline will once again test who really survived.
Honestly, you still need to have some reverence; the market is very ruthless.
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AirdropSweaterFan
· 15h ago
The volume is indeed real; I've been fooled by false breakouts countless times.
That wave of LUNA, I was also involved. Even now, I still feel a lingering fear.
View OriginalReply0
TokenomicsTrapper
· 15h ago
actually if you read the volume profile, classic exit pump pattern incoming lol
Every major dip tests people's resolve; behind every wealth-creating story lies countless blood, sweat, and tears.
Six years ago, I entered with full enthusiasm, holding only 30,000 yuan in savings, staring at the screen, thinking I had found the secret to wealth. It was only later that I realized this market can fulfill dreams but can also ruthlessly destroy them.
Today, I don't want to talk about any secret to making money; I just want to share a few survival rules hammered out with real money.
**Rule 1: Volume is the true way the market speaks**
Initially, I blindly trusted various technical indicators, only to be shaken out three times by false breakouts. It wasn't until later that I realized—candlestick charts can deceive, but trading volume won't.
A rapid rise followed by a slow fall is usually a signal of the main force accumulating; conversely, a sudden drop followed by a slow rise often indicates distribution. The most memorable was the market in September 2023, when Bitcoin plunged 20% in 24 hours, and altcoins halved in value, with panic spreading across the market. But careful observation at the bottom revealed huge volume, which was a signal. I decisively built positions in batches, and a month later, my account doubled.
An increase in price with no volume is always a trap, especially when it suddenly surges after a period of sideways movement at high levels—that's most likely the last frenzy.
**Rule 2: Flash crashes and rebounds are escape opportunities, not good times to buy the dip**
The word "buy the dip" taps into people's greed the most. I once rushed in when LUNA dropped 50%, only to watch it head to zero. Lesson learned with money.
The current rules are very rigid: use rebounds after flash crashes to escape, not to buy in. The market has its own rhythm; forcing entry will only make you the bag holder.