24 years of making 15 million: A heartfelt confession from a veteran trader who stays up all night
To be honest, earning this much last year wasn't because of my amazing skills. It was purely because I endured enough losses and finally learned how to survive in the crypto world.
1. Stay up late, to the point of exhaustion
Do you think the crypto world works on an 8-hour work schedule? Wrong. The real market movements happen during the working hours of Europeans and Americans. I adjusted to a vampire schedule for three months last year—going to sleep at 8 PM and waking up at 3 AM, just to catch the foreigners pumping the market. The result? I caught three waves of late-night spikes in ETH, each starting at 30%.
2. Daytime crashes? That’s just giving you free money
The harder it drops during the Asian market, the more it spikes at night. During that July crash, Bitcoin dropped to 59,000 during the day, and the group was in despair. I quietly placed a buy order at 58,500, and that night the foreigners pumped it to 63,000. Remember: the worse the Asian market looks, the more you should secretly build your position.
3. Those long wicks are the market makers' tricks
Did you see that 15% shadow wick on SOL last month? After the spike, it doubled in three days. Market makers love to use such extreme volatility to shake out traders, but often the harder they spike, the stronger the subsequent trend.
4. All good news is a signal to run
Before the ETF approval in June, Bitcoin rose for a week. The moment the news was announced, I closed my position and opened a short, only to see a 10% pullback the next day. In the crypto world, good news means it has already risen to the top.
5. Those heavily invested are queuing on the rooftop
I've seen too many brothers who went "All in for a comeback" end up as statistics for exchange liquidations. I keep each position under 5%, and I’ve survived longer than anyone.
Lastly, let me say something from the heart
The most profitable thing in this industry is not skill, but discipline. Sleep when you should, run when you should, and don't fall in love with the market.
(Do you want real-time spike alerts and insights into major capital movements? Search for "Tang Tang's Cash Ability," and I’ll be there every day at 3 AM)
