Recently, there's been a heartbreaking issue in the backend: "How many coins do I need to earn to recover the lost ones?" I looked through this guy's trading history, and it's all about chasing highs and killing lows, getting stuck in positions. It reminded me of a fan from three years ago.

Back then, he started with 10,000 USD, wanting to follow every move, going all-in on news tips, but within less than half a year, he was in debt, and his relationship also suffered. One late night, he came to me and said, "I only have some principal left, can you help me?" I didn't give him any insider info, nor did I advise him to buy the dip in any asset. Instead, I taught him three things: how to read the market, how to manage positions, and how to adjust his mindset.

Three years later, this guy came back with 300,000 USD to share good news. Not only did he pay off his debts, but he also built a new life with his own ability. This made me realize—crypto is never a quick-rich casino. Those who achieve long-term, steady gains use seemingly "counterintuitive" methods. These lessons are my insights from years of exploration:

**1. Don't panic during rapid rises, stay calm during slow declines**
Many retail investors can't sit still when assets suddenly surge, and they rush to sell at the first sign of a dip, only to be harvested by the big players. The real danger zone is actually "violent surges followed by waterfall declines." Markets that drift down slowly are often just the big players shaking out weak hands. Holding steady at these times is more profitable than reckless trading.

**2. Be cautious of rebounds after sharp declines**
After a flash crash, the slow recovery can easily create a "buy the dip" illusion. I've seen too many people rushing in, thinking "it's fallen so much, where else can it go?" only to be precisely harvested. A rebound does not mean a reversal. Until a confirmed bottom is in place, waiting and observing is usually the smartest choice.

**3. Use volume to judge market direction**
Trading volume is the most genuine expression of market sentiment. Price can deceive, but volume cannot. This logic runs throughout the entire trading cycle. Learning to read volume gives you insight into market psychology.