Cryptocurrency Trading: Caution on Weekends, Focus on Potential New Coins
In the field of cryptocurrency trading, weekends are considered a "minefield" for investors. Based on my five years of practical trading experience, I strongly advise everyone not to engage in any trading activities on weekends (Saturday and Sunday). The cryptocurrency market during the weekend is in a special state, with extremely low trading activity and a slow overall market pace. At this time, the market is often dominated by a few market makers, who create a lot of false volatility by taking advantage of the market's quietness, luring retail investors into traps.
Weekend trading has many drawbacks. Firstly, the signals given by the market are mostly false, easily misleading investors to make wrong decisions; secondly, there are obvious signs of price movements being artificially manipulated, making it difficult to reflect the true supply and demand relationship in the market; furthermore, the trading risks are extremely high, and the returns are very limited, which not only can lead to economic losses for investors but also cause significant emotional stress. Smart traders know that restraining the impulse to trade and strictly adhering to discipline is the key to surviving in the market. Patiently waiting for the market to resume normal fluctuations on Monday before entering trades is the wise choice. I will also continue to share the latest market trends and free trading signals, and everyone can check my previous posts to see the accuracy of trading results.
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