#美国贸易赤字扩大 In the crypto circle, I have a friend who invested tens of thousands of dollars early on, and now his net worth is approaching several tens of millions.

During that period, I was struggling in the crypto world, burdened with debt. In a chance encounter, he casually said a sentence that directly changed my understanding of the market.

He said: "The essence of the crypto world is emotional gambling. Whoever can master their mindset, can instantly outperform most retail investors."

This sentence struck a chord with me. Years later, I still vividly remember how I felt at that time.

His story inspired me, and I later summarized several market rules to help myself climb out of the deep pit.

**Rule 1: Emotions are the root of all evil**

Isn't the price of coins just following emotions up and down? During an upward trend, short-term surges can easily make people lose their minds, chasing highs and getting caught in traps is common. During a decline, panic selling occurs, and countless people cut losses at the bottom.

The truly profitable people are never hostage to short-term market fluctuations. They follow the market rhythm, patient and calm. Those who control their emotions have already beaten 90% of their opponents.

**Rule 2: Volume is the language of the market**

Price is just an appearance; volume tells the real story.

In an upward trend, increasing volume indicates continuous inflow of funds from outside the market, which is usually a sign of further rise. But if the high levels lack volume support, it’s dangerous — the market may be brewing a reversal.

Be cautious at the bottom as well. A sudden surge in volume alone doesn’t mean much; only sustained volume release signifies real opportunity. Short-term volume spikes often lead to tragic chasing and trapping.

Learn to read volume, and you learn to read the market’s pulse. Mainstream coins like $BTC and $ETH often reflect changes in market sentiment ahead of time through volume shifts.

**Rule 3: Technical analysis is not foolproof**

Some people are superstitious about candlestick charts and various indicators, believing that following the rules guarantees profits. In reality, technical analysis is just a reference — it reflects history, not the future.

What truly drives the market? Consensus. Without consensus support, any beautiful technical pattern is just a castle in the air. The strength of consensus is ultimately reflected in trading volume. Changes in volume are real-time portrayals of market sentiment, the result of funds voting with their feet.

Take volatile coins like $ICP — just looking at indicators can’t predict everything; you must observe actual fund flows.

**Rule 4: The realm of "nothing"**

This is the deepest insight I’ve gained.

No obsession — don’t be stubborn about holding a particular coin. No greed — don’t think about getting rich overnight. No fear — don’t panic at declines.

A true trading master is willing to hold cash when there are no opportunities. Don’t chase the wind, don’t chase highs and lows, just wait — wait for that once-in-a-lifetime big market move.

Those who can conquer their inner demons and patiently wait are the ones qualified to enjoy the big gains. Most failures come from inability to endure the lonely period of holding cash.

From tens of thousands to tens of millions, my friend’s secret is nothing special — it’s the combination of emotional management, volume analysis, consensus grasp, and patience. Opportunities in the crypto world are never lacking; what’s missing is rationality and discipline.