@zinpervol
Cryptocurrency Judge: Seven Years of Enlightenment and Six Iron Laws
I am the Judge, a 32-year-old from Shenzhen, currently residing in Dongguan. I entered the market in 2018 with 50,000 and reached a maximum asset of 7 million. Today I will share trading insights earned through real money.
Six Survival Rules
Wash Trading Identification
Rapid rise and slow fall indicate wash trading, while violent rises and falls are meant to lure buyers. In 2023, SOL staged a classic wash at 80 dollars.
Selling Alert
A rapid drop and slow recovery must indicate selling. Remember the death rebound of LUNA from 100 to 0 in 2022.
Volume-Price Dialectics
Sustained volume at high levels can be held, while low volume at high levels means to run immediately. ETH's 35% crash after a low-volume consolidation at 2100 dollars is an example.
Bottom Verification
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