Newcomer's Experience in the Crypto World
The crypto world used to be a confrontation between the East and the West. There used to be market movements both day and night, with significant activity occurring during Western hours, specifically between 21:30 and 7:30 Beijing time. Major price increases typically happen in the early morning, so a qualified trader would go to bed at 20:00 and wake up at 4:00 to monitor trading.
1. When there is a continuous decline during the day in the domestic market, you must buy the dip; at night around 21:30, Western traders will push the price up.
2. If there's a significant increase during the day, do not chase the highs, as it will likely drop back at night.
3. The key signal for buying and selling is the spike; the deeper the spike, the stronger the buy and sell signals.
4. Prices will rise before major meetings or positive news, but will drop once the news is released.
5. In group discussions, when the community promotes a coin with grand talk, and you get excited, you are likely to be trapped; consider doing the opposite. If a particular coin is being hyped, you can short it immediately.
6. If a group member recommends something and you feel uninterested, it is likely to take off; when in doubt, it might be worth trying a small amount.
7. When you are heavily invested, you will definitely face liquidation; why? Because you will be on the exchange's watchlist for liquidations.
8. After you complete your stop-loss on a short position, the price will definitely drop; if it doesn't trick you out or cause a liquidation, how could it fall? For example, TRB.
9. When you are close to breaking even, just a bit away, and the rebound suddenly stops, how could they let you close your position and escape?
10. When you take profit, the price will rise; if you don’t exit, how can the price increase? The position is too heavy.
11. When you are excited, a violent drop will occur as expected; your excitement is also a lure from the market makers.
Just yesterday at the Jackson Hole Global Central Bank Annual Meeting, before Powell's speech, a long position in Ethereum was accurately positioned at 4240, successfully grasped.
It is also clearly stated that the short-term strategy is shifting to a medium to long-term strategy; do you know how valuable this strategy is?
The strategy for the next 10x coin will be publicly disclosed, welcome to observe.
Pay attention to: link, uni, sui, sol
