1. In the domestic market, if there's a continuous drop during the day, you must buy the dip; at 21:30, foreigners will pump it.
2. If there's a big rise during the day, definitely don't chase the high; it will likely drop back at night.
3. The key signal for buying and selling is the spike; the deeper the spike, the stronger the buy or sell signal.
4. Major meetings or positive news will lead to price increases, but once they materialize, the price will drop.
5. Group discussion plans, community recommendations for buying coins, with extravagant talks. You're excited but likely to be trapped, reversing your position. Which coin is trading hot? Very hot. You can short it immediately.
6. When friends recommend something and you're not interested, it's highly likely to take off. When in doubt, consider trying a little bit.
7. When you hold a heavy position, you're definitely going to get liquidated. Why? You're at the top of the liquidation list on the exchange.
8. After your short position's stop-loss is hit, it will definitely drop. If it doesn't trick you into exiting or blowing up, how could it drop? For example, TRB.
9. When you're about to break even, just a little bit away, and the rebound suddenly stops, how can you let yourself exit in a panic?
10. When you take profit, you're pulling back. If you don't get out, how can you pull back? The vehicle is too heavy.
11. When you're excited, the waterfall will arrive as expected; your excitement is also a lure from the market makers.
12. When you're broke, every project seems to be rising, making you FOMO and rush to invest. So you understand that the market is manipulated over 80% of the time. Besides controlling your position, you must also act later to seize opportunities; firmly avoid entering before the market makers operate. If you enter, you're merely the fish on the butcher's block. Trading is all about patience, composure, and timing. Let's encourage each other.
In fact, crashes are the real opportunities. Think carefully; there have been three famous crashes before.
On September 4, 2017, March 12, 2020, and May 19, 2021. Each time there was a crash, everyone complained and cut their losses, feeling hopeless about the market, which is why few dared to buy the dip.
If you were to go against human nature and buy the dip? During the week of September 4, 2017, Bitcoin dropped to $2900 at its lowest. If you bought the dip, it could rise to $20000 in three months, almost a sevenfold increase.
ETH rose from $200 to $1400 in three months, also a sevenfold increase, and altcoins had even more exaggerated gains during this time.
On March 12, 2020, Bitcoin dropped to $3800, but over a month later, it broke $10,000 and by year-end, it was close to $30,000—making several times gains quite easy. Ethereum dropped to $87 and nearly reached $1000 by year-end.
On May 19, 2021, Bitcoin dropped from $65,000 to $30,000 in a week, but less than six months later, it could rise to nearly $70,000. Ethereum dropped to $1760, but within six months, it rose to $4870. So, opportunities begin during declines; don't hesitate when it's time to act.
