Sharing a real-life example from someone I know.

There's a 35-year-old trader who has been active in the cryptocurrency market for seven years. His initial capital was 300,000 yuan, which grew to over 30 million yuan.

He doesn't rely on insider information, nor does he have incredible luck. His summary is simple: "I'm not the smartest, but I know when to take profits."

Over the years, he's learned a few ironclad rules:

- When there's a quick surge followed by a slow decline, don't rush to sell. It might be the main players quietly accumulating positions.
- A weak rebound after a sharp drop? Don't try to buy the bottom; that's often when others are taking on the risk.
- Large volume spikes at high levels don't necessarily signal a top. In fact, shrinking trading volume should make you cautious.
- The true bottom is characterized by steadily increasing volume, which is a sign of stability.

He believes the highest level of trading is simple: no greed, no panic, no obsession.

Being able to endure the loneliness of holding cash, and having the courage to cut losses and admit mistakes—that's true mastery.

The market is indeed chaotic, but those who stay steady, patient, and wait for the right moment often end up smiling last.