Don't believe those "easy money in crypto" nonsense. If you want to make profits, staying up late is a necessity.
Currently, ETH is stable around $3000, and this market movement is happening while we sleep—
during the working hours of Europeans and Americans.
Just before the SOL surge in October, I got up at 2 AM for 21 consecutive days, setting my alarm to vibrate under my pillow, afraid of missing out on any movements, living like an owl with jet lag, but it was worth it!
During the three surges of ETH in mid-October, the difference from the lowest to the highest was over $700; casually catching one wave could yield a 30% return. While you are sound asleep, the opportunities have already passed.
Don't rush to cut losses during daytime dips; most of the time, it's a trap.
Last Wednesday during the Asian session, Bitcoin suddenly dropped to $57,000, and the community was filled with wails of "it's broken."
I looked at the candlestick chart and recalled last July's lesson, and I placed a buy order for 5 contracts at $56,800.
As a result, when the European and American markets opened, it shot up to $62,000, and I woke up to find my account had gained $26,000.
Remember, the more tragic the cries in the Asian session, the more fierce the rises in the European and American sessions.
Those scary spikes are actually signals to give away money.
In November, SOL spiked from $140 to $110, with liquidations piling up across the network. I added to my position at $112, and two days later it directly rose to $225, doubling my investment.
The big players rely on this tactic to wash away the timid; the longer the spike, the fatter the profits.
When good news is confirmed, it's time to run. I learned this lesson after losing $80,000.
Before the September ETF hearing, Bitcoin rose for 8 consecutive days to $69,000. Once the news broke, I immediately cleared my position and shorted, and the next day it dropped to $62,000, making over $40,000 from the shorts alone.
In the crypto world, fundamentals don't matter; what matters is the realization of expectations. When the news comes out, that's when it's time to "sell the fact."
Now, I never hold more than 5% of my capital in a single position. Some say I’m slow, but friends who went all in on contracts last year are still working to pay off debts.
The best skill in crypto isn't analyzing candlesticks; it's the discipline to control your hands.
The market is for making money, not for burying yourself.
If you're still confused, follow me, find me in the chat room, and I'll share my trading notes with you. @bit冰


