The time frames where "Pump-Dump" phenomena are likely to occur
1. Overlap of the US - Asia session (around 22:00 – 01:00 VN time) • Reason: At this time, the US market is active while the Asian market is just starting to open (Japan, South Korea). • Nature: Usually has high trading volume, likely to experience unusual strong fluctuations.
2. Overlap of the European - US session (around 19:00 – 23:00 VN time) • Reason: This is the time when both the European and US markets are active. • Nature: Extremely high trading volume, likely to experience fast "pump" then rapid "dump" if unexpected news arises.
3. Before and after the US announces economic data (20:00 – 21:30 VN time, depending on the day) • Examples: CPI, FOMC, employment, Fed interest rates,… • Nature: Prices fluctuate very strongly just before and after the announcement of the data, susceptible to price manipulation.
4. Early morning (2:00 – 5:00 AM VN time) • Reason: The market has low liquidity, easily manipulated by "sharks". • Nature: Quick, unexpected "pump" or "dump" events. Many stop-loss orders are triggered.
5. Weekend (especially from Friday evening to Monday morning) • Reason: Traditional financial institutions are closed, low liquidity, retail traders dominate. • Nature: Very likely to experience unusual fluctuations due to lack of control from big players.
Left-side Trading vs Right-side Trading: Which One Suits You?
Left-side Trading: Bottom fishing/Top selling What it means: Guessing the market will reverse, buying low and selling high in advance. For example, buying BTC when it drops to 16k and selling when it rises to 30k for a big profit.
Advantages: If you bet right, the profits can be huge, and bottom fishing and top selling feels great.
Disadvantages: If you guess wrong, it can be disastrous, like bottom fishing SOL at 135U, and it drops to 100U causing a mental breakdown.
Who is it suitable for: Those with spare cash who can endure losses for 1-2 years. Understand the project and on-chain data (for example, a surge in active SOL addresses). Have a strong mentality and dare to increase positions even when the price drops.
Key points: Buy in batches and set stop-loss (run if it drops below key points).
Right-side Trading: Following the trend to chase up/stop-loss
What it means: Wait for the trend to become clear before taking action. For example, chasing after SOL only after it breaks through 200U, and cutting losses if it breaks support.
Advantages: High win rate, low risk, suitable for beginners.
Disadvantages: May be a bit slow, potentially only capturing part of the profit.
Who is it suitable for: Those who like to watch candlesticks and indicators (MA, MACD). Afraid of losing money, wanting to earn a stable 20%-30%. Have no time to research, just want to follow the trend.
Key points: Confirm the breakout before chasing (for example, volume breaks 200U). Take profits after a wave and don't be greedy. Avoid trading in a volatile market (price fluctuating back and forth).
How to choose? Beginners: Start with right-side trading, practice with USDT and BTC 30-day moving average (buy when it's stable, sell when it drops), take profits at 20U.
Experienced traders: Test left-side trading with a small position (1% of funds to bottom fish potential coins), but must set stop-loss.
Be flexible: At the end of a bear market (like the end of 2022): bottom fishing BTC/ETH on the left side.
In the middle of a bull market (like in 2023): chasing up on the right side.
In a volatile market (like 2024 BTC 60k-70k sideways): stay in cash.
Final reminder: only use spare money, the crypto market is extremely risky! Learn some candlestick patterns and on-chain data, don't blindly follow the trend. There are no divine strategies; setting stop-loss and take-profit is the most important.
Rolling warehouse is not recommended for beginners. Beginners are advised to take some profits if there are gains. Determine the trend; if it continues to rise, add to the position. If the trend is judged to start reversing and declining, you can completely take profits or directly open a short position.
I advise you all not to follow me. I've been doing this for almost two weeks, and my assets have been cut in half. Basically, I've spent most of my time holding positions, and I have no skills at all. Even playing by myself, I can't lose like he can.
The big one is here.... Trump imposes a 104% tariff on imports from Dongda 💥💥💥 Wait for Dongda's strong counterattack during the day, retail investors are going to suffer again 散户报团聊天室