When it comes to short-term trading, many people are fascinated by the thrill of rapid price swings. But the underlying logic is actually quite simple—it's a game of time difference and human nature.

**How the Short-Term Bull Market Rhythm Works**

Around 4 PM, European and American traders start to come online and begin trading, and after midnight, the market becomes more intense. This is when market participants are at their most numerous, and capital inflows accelerate. By 6 or 7 AM, domestic players see the upward trend still ongoing and rush to follow the trend. More traders join in after 8 AM.

Around 10 AM, some early entrants start to take profits and exit, causing the market to begin to decline. Those who chased the high earlier get panicked—profits they just earned suddenly shrink. Should they run or hold? Some with poor mental resilience cut losses immediately, turning profits into losses.

But this isn't the end of the story. At 4 PM, European and American traders become active again, pushing the market up once more, even reaching new highs. This cycle repeats daily, playing out the same drama. The problem is, in each cycle, some people lose money—especially short-term traders who can't grasp the rhythm well.

**The Temptation and Trap of Dirtcoin**

There’s also a completely different type of player—those chasing dirtcoins in the primary market. Dirtcoins refer to small tokens with extremely low liquidity and high volatility, often issued by individuals, serving as a playground for retail investors.

Why are some people obsessed with this? First, because dirtcoin markets move extremely fast, requiring constant monitoring of on-chain data, often staying up late. Second, late at night, "golden dogs"—projects that can truly increase a hundredfold—often emerge. Due to time zone differences, most major market movements happen at night. The recent example is Neiro, which suddenly launched around 4 or 5 AM; those who discovered and invested early saw returns of hundreds of times.

It sounds very tempting, but this is only the story of a few lucky ones. Most people simply don’t and shouldn’t play this way.

**Rational Choice: Abandon Short-Term Gambling**

Instead of obsessively watching the charts and staying up all night chasing short-term rhythms, consider a different approach. View cryptocurrency investment as a long-term asset allocation rather than a short-term gamble. You’ll find that the fluctuations overnight are actually insignificant.

Particularly for practitioners of dollar-cost averaging, they invest regularly according to a predetermined plan and then leave it be, letting time prove the value. This method may not yield hundredfold returns, but it also avoids being troubled by frequent short-term volatility. More importantly, this investment lifestyle is healthier and more sustainable.

Short-term trading tests your psychological resilience and luck, while long-term dollar-cost averaging tests patience and resolve. Both paths can be profitable, but one allows you to sleep well, while the other keeps you tense all the time. Which one will you choose?