$BTC Red Packet 🧧 is here!
#套利交易策略
8 Survival Tips from an Old Player in the Cryptocurrency Circle
1. If there is a sharp drop in the early session, don’t panic sell; it’s likely a good buying opportunity. If there’s a rapid rise in the early session, don’t get too excited; cashing out quickly is the real deal.
2. If there is a sudden surge in the afternoon, it’s mostly a trap by the market makers; if there’s a drop in the afternoon, don’t panic, buying the dip tomorrow is more cost-effective.
3. If there’s a big drop in the morning, don’t rush to sell; market makers love to shake out retail investors. If the market is flat, just take a break, don’t give trading fees to the exchange.
4. Don’t hold on until the target price is reached; making less is better than losing money; if it hasn’t dropped to the right level, don’t be greedy; buying halfway up is the dumbest move. Random trading during sideways movement is just giving money to the market makers.
5. When you see a big bearish candle, secretly rejoice; building positions in batches is definitely the way to go; don’t be greedy with a big bullish candle, sell when you should and don’t act like a greedy dragon.
6. When everyone in the group is shouting to go all in, quickly check if your wallet is still there; if there’s a queue for withdrawals at the exchange, it’s time to enter the market.
7. Sideways fluctuations are the most frustrating for the mindset; control your hands and don’t trade blindly. Once the direction is clear, you either eat a big profit or suffer a big loss.
8. A sudden surge after a high-level consolidation is definitely the last push! Those who run fast will reap the rewards, while those who run slow will become the bag holders.
