The general rules of the crypto world

The crypto world used to be a confrontation between East and West, and there would be market movements both during the day and at night. The main market movements typically occur during Western hours, between 21:30 and 7:30 Beijing time. Major price increases usually happen in the early morning, so a qualified trader goes to bed at 20:00 and wakes up at 4:00 to monitor trading.

1. If there is a continuous decline during the day in China, you must buy the dip; at 21:30, foreign investors will pump the prices.

2. If there is a significant rise during the day, do not chase the price, as it will likely drop back at night.

3. The key signal for buying and selling is the pin bar, the deeper the pin, the stronger the buy and sell signal.

4. Major meetings or favorable news will lead to price increases, but once the news is out, prices will fall.

5. In group discussions, when a community promotes a coin, and it sounds too good to be true, be cautious, you are likely to get trapped. If a coin is very hot, you can short it immediately.

6. If a group friend recommends a project that doesn't interest you, it is likely to take off. When in doubt, try a small investment.

7. When you hold a large position, you are likely to get liquidated. Why? Because you are now on the liquidation list that the exchange is focusing on.

8. After your short position hits the stop loss, it will definitely drop; if it doesn’t trick you out or blow up, how can it fall? For example, TRB.

9. When you are close to breaking even, and the rebound suddenly stops, how would they allow you to close your position and escape?

10. When you take profits, the market will drop; if you don’t exit, how can the prices rise? The weight of the trade is too heavy.

11. When you are excited, a crash will arrive as expected; your excitement is also a bait from the whales.

12. When you are broke, every project seems to be rising, making you FOMO in; hurry to enter the market. So you understand, the market is manipulated with an 80% probability; you must control your position and adopt a proactive approach, firmly refusing to enter the market before confirming the whales' actions. Once you enter, you are the fish, and the exchange is the knife. Trading is a test of patience, determination, and timing. Let’s encourage each other. #比特币市场波动观察 #圣诞行情分析 #本周微策略是否继续增持BTC？ #萨尔瓦多将“加速”增持BTC #比特币战略储备 $BTC $ETH $XRP