In the second half of 2024, I probably made 15 million by trading Bitcoin. My capital multiplied by 50 times; if it weren't for withdrawing funds twice to buy a house, it should have been 85 times. I'm not necessarily skilled in technology, but I strictly follow the iron rules of the market: #ETH breaks 2500

1️⃣ Eastern and Western time differences, stay up late to watch the market 🌙

The cryptocurrency market is mainly active during European and American hours (Beijing time 21:30-7:30), and the big surges happen in the early morning!

So, do you want to make money? Staying up late is a must! Sleep at 20:00, wake up at 4:00 to watch the market; that is the schedule of a qualified trader ⏰

$BTC

2️⃣ Don't panic if there’s a big drop during the day; foreigners will pump it up at night 🚀

A big drop during the day in China? Don’t worry! At 21:30, when foreigners enter the market, they will bring it back up in no time!

Remember: a drop during the day is an opportunity to buy low; never chase after a rise during the day, as it’s very likely to drop back at night 📉

3️⃣ The deeper the spike, the stronger the signal 📌

K-line spikes (long upper and lower shadows) are the usual tactics of market makers; the deeper it goes, the stronger the reverse signal!

After a spike, it’s often the best time to buy or sell, don’t be fooled by the market makers!

4️⃣ News release means bearish 📢

Before major meetings or good news, the coin price will definitely rise, but once the news is released, it will drop immediately!

So, plan ahead; once the news comes out, run quickly, don’t be greedy!

5️⃣ Community recommendations? Reverse operation is the way to go! 🤔

Is there a coin that everyone in the group is crazily recommending, talking about it endlessly? Don’t believe it! It’s most likely a trap!

The hotter a coin trades, the more cautious you must be; reverse operation is the key! $ETH

6️⃣ Heavy positions lead to liquidation; light positions are the way to go 💣

Holding heavy positions? Congratulations, you’re already on the exchange's liquidation list!

Market makers specifically target heavy-position users; with a pull and a smash, they can liquidate you in no time! So, light positions and diversification are the survival strategies!

7️⃣ Stop-loss and it drops, take profit and it rises

After you stop-loss on a short position, it drops; after you take profit, it rises. The market makers just don’t want you to make money!

So, be cautious with stop-losses, take profits in batches, and don’t let the market makers lead you around!

8️⃣ Just a little more to break even? Stop dreaming!

About to break even? The rebound suddenly stops! How could the market makers let you escape easily?

So, when close to breaking even, appropriately reduce your position; don’t be greedy!