The crypto world used to be a confrontation between East and West, there used to be market movements both day and night, with most of the action happening during Western hours, between 21:30 and 7:30 Beijing time.
Most major increases happen in the early morning, so a qualified trader should sleep at 20:00 and wake up at 4:00 to pay attention to trading.
1. If there is a continuous major drop during the day in the domestic market, you must catch the bottom; at 21:30, foreigners will pump the market.
2. If there is a major increase during the day, definitely do not chase the high; it will drop back at night.
3. The key signal for buying and selling is the pin, the deeper the pin, the stronger the buy and sell signal.
5. Major meetings or positive news will always lead to a rise, but once it lands, it will.
Drop.
6. Group discussion schemes, community recommendations to buy coins, they talk extravagantly, you get excited, but you are likely to be scammed, and operate in the opposite direction. Which coin is hot? Very hot. You can short it immediately.
8. When group friends recommend something you find uninteresting, it is very likely to take off; when you have doubts, you might as well try a little.
9. When you hold a large position, it will definitely explode, why? You are definitely on the exchange's key focus list for explosion.
10. After your short position's stop loss is completed, it will definitely drop, it won't trick you off the bus or explode, how could it drop? For example, TRB.
11. When you are about to break even, just a little more, the rebound suddenly stops, how could they let you close your position and run?
12. When you take profit, it has already lifted off, how can you pull up the market if you don’t exit? The vehicle is too heavy.
13. When you are excited, the violent plunge arrives as expected; your excitement is also a lure from the operator.
14. When you are broke, and every project is rising, it makes you FOMO, hurry to enter the market.
So you understand, the market is manipulated over 80% of the time, besides controlling your position, you must also act decisively, and firmly refuse to enter the market before the operator takes action; once you enter, the exchange is the butcher, and you are the fish.
Trading is about patience, composure, and timing; let's encourage each other. The crypto world creates countless possibilities every day, hoping it can help you, and feel free to communicate.