1, The market in the cryptocurrency realm is like a game full of variables; the confrontation between the East and the West fills both day and night with opportunities and challenges.
2, When there is a continuous drop during daytime in the domestic market, it's a good opportunity to buy the dip. Because at 21:30, foreigners will typically push the price up, often bringing in good returns. However, during a big rise in the daytime, you definitely should not chase the high, as it is highly likely to drop back down at night.
2, A spike is a key signal for buying and selling; the deeper the spike, the stronger the signal. Usually, there will be a rise before major meetings or positive news, and once the news is out, it will drop. When discussing plans in the group, everyone talks excitedly; at this time, you are likely to be tricked, so consider taking the opposite action.
3, When a particular coin is hot, you can immediately short it. If a friend recommends a coin and you are not interested, it is highly likely to take off; it might be worth trying with a small amount of funds.
4, Holding a large position often leads to liquidation because exchanges focus on the liquidation list. Once the stop-loss for a short position is completed, the coin will definitely drop because the dealer won't stop until they trick you out or force you to liquidate.
5, When you are about to break even, the rebound suddenly stops; the dealer won't let you easily close your position and run away. When taking profits, how can you raise the price if you don't exit?
6, When excitement arises, the plummet comes as expected; this is actually the dealer enticing you. When you have nothing to lose, all projects are rising, making you feel FOMO and rush to enter the market.
7, In short, the cryptocurrency market is highly likely to be manipulated. We need to control our positions, take the initiative, and patiently wait for the right moment; it's all about patience and determination.