2023.11.02
1.5 Difficulty in distinguishing market conditions
Last year, I wrote a long Weibo post, which said that the difficulty of the Crypto market is constantly changing. When it is easy, anyone can make money, but when it is difficult, everyone loses money. We use a standard to classify the market difficulty and the level of participating players, and divide them into King, Diamond, Platinum, Gold, Silver and Bronze in the form of King of Glory. Sometimes in the market, a difficulty level lasts for several months, and sometimes it changes direction in half a month. Although you cannot change the difficulty of the market, you can have an idea of the difficulty of the market, know your level, and know what kind of market you should not participate in. I beg you to stop sending me.
Most people in the industry were brought into the industry by their friends during the bronze rounds of the bull market. The characteristic of the bronze rounds of Leek Paradise is that everyone is making money. It is easy to make a lot of money, and the difficulty is low. Oh, I am talking about this and my mouth is watering. QAQ. The bronze rounds account for the least time. After playing for three or four years, you may only have a bronze round for half a year.
Who are you making money from in the bronze game? Why is the difficulty so low? How does the market make everyone make money? Everyone is making money, so who is losing money? First of all, in a bull market, there is a constant flow of new funds into the market, and the new funds push up the prices of all assets in the market. Secondly, the continuous one-sided market makes everyone have a big pattern, and no one wants to stop profit. There are more buyers and fewer sellers, and at this time the market will run in the direction of least resistance. This is also called a bubble in the traditional financial industry. When everyone stops profit and stops loss and closes the position to pocket money, the bubble brought by the pattern will be squeezed out. In addition, there are also smart people who touch the top and short to show their love. They touch and burst in the obvious bull market trend. When the volatility of the bull market is high, you can see a lot of short position burst data. Finally, part of the simple profit in the bull market is the money from the cheap chips sold in the bear market.
How to play in the bronze market? Do you need someone to teach you? How do you make a living? Do you want me to teach you? In the bronze market, as long as the leverage is not too high, the rest is a matter of how much you earn. If you have debts, remember to close them in time and clear them.
The most difficult level is the King Level, which is the opposite of the lowest difficulty level, the Bronze Level. The King Level is a market where no one can make money. Except for the exchange collecting commissions, all players, including spot, contract, secondary, primary institutions, market makers, etc., are either losing money, working for nothing, or taking huge risks to make a small profit.
The characteristics of the King's Game market are low volatility, long-term sideways, or up and down needles, damage to the painting gate, and liquidity is exhausted. At this time, the big market has no profit effect, the small market has no hot spots, and the copycat market is falling. Retail investors are betting on the size of the risk of low profit and loss ratio. Large investors have no liquidity and huge slippage. If the target is large, it is easy to be sniped by market makers and be cut as meat on the chopping board. The terrible thing about the King's Game is not only that the transaction cannot make money, but also that the on-chain project party can't make money and think of pretending to be a hacker. The funds misappropriated by the off-chain exchange are most likely to be detonated at this time when the capital chain breaks.
Top-level noobs who are not aware of their bad skills and are stubborn often don't want to rest when they encounter a game of Kings, and they have to play this kind of market. Why is the bronze level in King of Glory called stubborn bronze? I don't know, but the worse the people in the market, the more stubborn they are, and the masters are often flexible. How to play the King's market? You only need to learn one thing in the King's market, that is, not to play. The dog bank project owner is going on vacation, yachting and skiing at this time, and you are pretending to be diligent. People who can make so much money don't play the market, why are you pretending to be so cool? Brothers who don't have the level to play the King's game and feel uncomfortable if they don't lose money, it is recommended to look in the mirror on the table more often and reflect on themselves. If you can't stop playing this kind of market that obviously has no profit and loss ratio, you probably need to treat your mental illness.
