#Allindoge

Today I saw an old trader mention some old rules in the circle, suggesting to remind the brothers still on the road, felt good, so I transcribed it as follows:

1. The cryptocurrency market is a battleground between the East and the West, and the real big trends happen between 21:30 Beijing time and 7:30 the next morning. Prices usually fall during the day, but will generally rise at night; prices rise during the day, but are often slammed back at night.

2. Look for buying opportunities during the day, and don’t be impulsive when chasing highs. A significant drop during the day is often an opportunity, and foreigners are likely to pick it up at night; when there's a spike during the day, hold some back, as it can easily be slammed down at night.

3. A spike is a signal; the deeper the spike, the more critical the buy/sell node—don’t ignore the 'language' of the candlestick chart.

4. Positive news is for unloading; there are often price increases before major conferences or big positive news breaks, and once the news is out, there’s a sell-off—this script gets old.

5. Coins that are hotly discussed in the community should often be traded in the opposite direction. The more mysterious the hype, the harsher the trap; conversely, coins that everyone dismisses tend to take off suddenly.

6. When you are heavily invested in a gamble, a liquidation is not far off. Don’t ask why; it’s because the exchange has already set its sights on you.

7. Just when you stop-loss on a short position, it crashes; just as you’re about to break even, it rebounds and stops abruptly. It’s not that you can’t, it’s that you got off too early, or you’re too heavily loaded.

8. When you take profits, it pumps; when you’re excited, a crash is already on the way. Your emotions are the indicators that market makers refer to.

9. When you’re broke and see everything rising, it’s the trap of FOMO. It’s not that you’ve missed an opportunity; it’s that the market is baiting you.

In summary: 80% of the market movements are manipulated; the core of trading is not intelligence, but rather 'patience + composure + waiting for signals'.

Don’t be cannon fodder; be the hunter.