In this fantastical world of cryptocurrency, there seems to be a mysterious force secretly controlling everything, which is the subtle confrontation between Eastern and Western markets. Day and night appear to be two completely different battlegrounds, with market fluctuations that are hard to predict. Today, let me unveil this veil for you and talk about the 'hidden rules' that veteran players in the crypto world tacitly understand.
1. Don't panic during the daytime plunge; it's the right time to buy at the bottom
If the cryptocurrency price continues to plummet during the daytime in the country, don't panic and lose your composure. Instead, this could be a fantastic opportunity to buy at the bottom! Why? Because by 21:30 in the evening, foreign investors will come in like sharks sensing blood, pushing the price up. So, grasp this rhythm, and you might just easily make a profit.
2. Stay calm during daytime surges, be cautious when chasing highs to avoid corrections.
If the cryptocurrency price skyrockets during the day, don't let victory cloud your judgment and buy blindly at high prices. Remember, nighttime is often the time for market corrections; the more it rises during the day, the more it could fall at night. Impulsiveness is the devil, and chasing highs can easily put you at a disadvantage.
3. Pay attention to the 'spike' signal; the timing for buying and selling is hidden within.
In cryptocurrency trading, 'spike' is a key signal. When you see prices fluctuate dramatically, like a needle being inserted and then pulled out, that’s a 'spike'. The deeper the spike, the more it seems the market is loudly shouting at you: the time to buy or sell has arrived! Once this signal appears, you should keep your eyes wide open and act decisively.
4. Conference news follows a pattern; there are mysteries between the rises and falls.
Before major conferences or when favorable news is about to be announced, cryptocurrency prices often rise like a balloon being inflated. But once the news is officially released, it’s like the balloon being popped, and the price is likely to drop rapidly. Therefore, before and after the news is announced, it’s essential to keep a good rhythm and never be greedy at the wrong time.
5. Community recommendations should be approached with caution; reverse operations may yield surprises.
In various cryptocurrency communities, there are always enthusiastic recommendations for certain coins, describing them so beautifully that you feel excited and eager to invest immediately. But you must understand that this is likely a trap. Often, the more hyped a coin is, the greater the hidden risks behind it. Instead of following the trend to buy, consider reverse operations; you might just avoid the trap and reap unexpected surprises.
6. Not interested in friends' recommendations? Perhaps it's quietly taking off.
Sometimes, the coin recommended by friends may seem ordinary and unappealing to you. But don't underestimate it; often, these coins that don't interest you could unexpectedly soar. When you start to have doubts about it, thinking it might have some potential, consider putting a small amount of funds to test the waters; you might just gain unexpected surprises.
7. Be careful when holding large positions; the risk of liquidation is approaching.
Once you choose to hold a large position in a certain cryptocurrency, you must be careful; the risk of liquidation may be quietly approaching you. Why? Because you have already entered the exchange's liquidation watchlist. It's like being prey targeted by a hunter in the dark; any small mistake could lead to losing everything.
8. The stop-loss on the short position has just completed, and the price drop is non-negotiable.
After completing the stop-loss operation on your short position, you often find that the cryptocurrency price immediately starts to drop. It feels as if the market is deliberately going against you, not allowing you to 'jump off the car' or not liquidating your position until you comply. Like the previous TRB market, many people have been painfully trapped by such operations.
9. On the edge of breaking even, the dream shatters; the sudden halt of the rebound breaks the heart.
Sometimes, when you see that the coins you hold are about to break even, just a little more, the rebound suddenly comes to a halt. It feels like the market is deliberately toying with you; how could it easily let you close your position and escape? This situation is the most frustrating, yet it often occurs in the cryptocurrency world.
10. Timing is crucial for taking profits; knowing when to exit is very important.
When you finally reach your profit target and prepare to happily harvest your gains, you will find that it seems the market is waiting for you to exit. If you do not close your position, it’s like carrying a heavy 'rock' on the vehicle, making upward movement difficult. Therefore, the timing of taking profits is very important; exit when it's time to exit.
11. Be cautious during moments of excitement; a crash may be waiting for you.
When you've made some money in the cryptocurrency world and are overly excited, it’s often also the moment danger approaches. A crash may follow closely behind, arriving as expected. Your excitement may very well be a tactic from major players to entice you, letting you lower your guard and then taking advantage to harvest your gains.
12. Being broke makes you anxious; don't act impulsively when a project surges.
When you find yourself broke in the cryptocurrency world, yet discover that various projects are starting to surge, seemingly beckoning to you, making you feel a sense of FOMO and wanting to rush in. But you must understand that this is likely another trap set by the market. In fact, the probability of the market being manipulated by major players is over 80%. In such cases, you must strictly control your position and learn to be proactive. Before clearly understanding the intentions of the major players, do not blindly enter the market; otherwise, you will only become the fish on the chopping board of the exchange, waiting to be slaughtered.
In the cryptocurrency world, what matters is patience, composure, and precise timing. I hope these experiences can help you, and together we can ride the waves of the cryptocurrency market!
I am Li Kui; follow me for the latest news in the cryptocurrency world.
