Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
After 3 years of hard work, I have established 6 iron rules. Understanding one can save you 100,000; following three can surpass 99% of retail investors:
Iron Law 1: Don't panic when there's a rapid rise and a slow drop.
After a quick rise followed by a slow decline, it is the market maker washing the盘囤货, don’t rush to get off the car. But after a surge in trading volume followed by a sharp drop, it is a pump and dump scheme, you must run quickly!
Iron rule two: Don't touch急跌慢涨.
After the price flash crash, the weak rebound is a trap set by the big players to lure in more buyers; do not try to catch the bottom, this is a trap.
Iron Rule Three: Look at the Volume at the Top
Continued high-volume trading may push for another surge; if the trading volume goes silent, a crash is inevitable, so run quickly.
Rule Four: Look for Continuity at the Bottom
A single volume spike is a bait; a breakout after several days of continuous volume increase followed by a decrease is the real signal for building a position.
Rule Five: Volume is Key
Don't just focus on the candlestick chart; trading volume is the true mirror of market sentiment: an increase in volume during a rise indicates consensus, while an increase in volume during a decline signals panic selling. Understanding volume helps you grasp price movements.
Iron Rule Six: Three No Mind Methods
No obsession: If it’s time to go short, then go short; waiting is more important than forcing it.
No greed: do not chase highs, maintain the rhythm;
No fear: When to take the plunge and go all in, the opportunity lies where others are afraid.
This is an anti-human survival method, and only by doing it can one truly eat meat.
The market is not short of opportunities; what it lacks is composure and insight. The pitfalls I encountered will be your guiding light. Keep up with the rhythm, and next time, it will be you who reaps the rewards.
It's hard to go it alone; you need to catch the signal accurately to buy at the bottom. Don't miss out on this big market wave!