After years of struggling in the crypto market, I have summarized several strategies from the pitfalls I encountered, and I would like to share them with everyone.
**It's easiest to misjudge at the opening.** Waking up in the morning to see a dive? Don't rush to stop loss; often this is a wash signal, wait for stabilization before acting. Conversely, if it opens high and surges upwards, don't just get excited— the more it surges, the harder it falls back; taking profits when it's good is the right approach.
**The afternoon market score is true or false.** Suddenly pulling up in the afternoon? It's mostly a trap, and it's easy to get stuck if you chase it. But if it drops in the afternoon, it might be worth waiting and seeing; there may be opportunities to pick up cheap goods at lower levels the next day. Chips after a pullback are often more solid.
**The sideways market is the most frustrating.** At high levels, it drags on without going up or down, while at low levels, it oscillates back and forth. During such times, don't let your hands get itchy. Wait for a clear breakout with volume or a complete breakdown; only then should you take action, which can significantly increase your win rate. If you insist on messing around during the sideways phase, you're basically just contributing fees to the platform.
**The buying and selling points are stuck.** If you sell before reaching the target price, even if you earn less, it's still a loss; if you enter before reaching the support level, it's easy to get caught halfway. When should you buy? When there is a bearish candlestick—this is when the chips are on discount; if you don't pick them up now, when will you? When should you sell? When it peaks on a bullish candlestick—emotions have reached their peak, it's time to take profits.
**Reverse thinking is sometimes more reliable.** When everyone is shouting about a single direction, keep an eye out; when there is widespread panic, it may instead be an opportunity. Stay calm when the market is bustling, and dare to act when the community is bearish; niche opportunities are often hidden in "anti-consensus."
**Sudden surge after a high-level consolidation?** That is likely the final madness. Don't hesitate, it's better to sell first out of respect — the numbers on the account are not realized profits, they are just paper wealth. Greed often makes the profits in hand fly away.
**Don't take the morning volatility too seriously.** Woke up to see a big drop? Don't rush to cut your losses; the morning movements are often just a "smoke screen", and a reversal could happen in the next moment. But if the morning is lackluster, don't force yourself to trade—trading without volatility is just asking for trouble.
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DAOTruant
· 11-29 19:06
Another pile of tips, easy to say but damn hard to do, especially that reverse thinking. I know I need to operate in reverse but just can't bring myself to do it; I can't get past this mental barrier.
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MevSandwich
· 11-29 17:21
You are not wrong; during the Sideways period, I really felt itchy and lost quite a bit in fees, but now I've learned to be smarter.
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SatoshiNotNakamoto
· 11-27 09:11
The words are good, but I believed in this trap theory in my early years, and in the end, I was educated by the market several times, haha.
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RamenStacker
· 11-27 09:11
Here comes another "I am an expert" trading secret, haha. Early session Whipsaw, afternoon bull trap, feeling restless during Sideways... It sounds quite convincing, but those who can truly achieve it have probably already reached financial freedom.
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retroactive_airdrop
· 11-27 09:06
Damn it, it's this trap again... Haven't I cut loss enough times in the morning? Every time it's said to be a whipsaw, and then it directly goes into a 50% slump.
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LayerZeroHero
· 11-27 09:04
It turns out that the theory of early market Whipsaw can also be applied in the Liquidity oscillation of cross-chain bridges, as verified by data.
After years of struggling in the crypto market, I have summarized several strategies from the pitfalls I encountered, and I would like to share them with everyone.
**It's easiest to misjudge at the opening.** Waking up in the morning to see a dive? Don't rush to stop loss; often this is a wash signal, wait for stabilization before acting. Conversely, if it opens high and surges upwards, don't just get excited— the more it surges, the harder it falls back; taking profits when it's good is the right approach.
**The afternoon market score is true or false.** Suddenly pulling up in the afternoon? It's mostly a trap, and it's easy to get stuck if you chase it. But if it drops in the afternoon, it might be worth waiting and seeing; there may be opportunities to pick up cheap goods at lower levels the next day. Chips after a pullback are often more solid.
**The sideways market is the most frustrating.** At high levels, it drags on without going up or down, while at low levels, it oscillates back and forth. During such times, don't let your hands get itchy. Wait for a clear breakout with volume or a complete breakdown; only then should you take action, which can significantly increase your win rate. If you insist on messing around during the sideways phase, you're basically just contributing fees to the platform.
**The buying and selling points are stuck.** If you sell before reaching the target price, even if you earn less, it's still a loss; if you enter before reaching the support level, it's easy to get caught halfway. When should you buy? When there is a bearish candlestick—this is when the chips are on discount; if you don't pick them up now, when will you? When should you sell? When it peaks on a bullish candlestick—emotions have reached their peak, it's time to take profits.
**Reverse thinking is sometimes more reliable.** When everyone is shouting about a single direction, keep an eye out; when there is widespread panic, it may instead be an opportunity. Stay calm when the market is bustling, and dare to act when the community is bearish; niche opportunities are often hidden in "anti-consensus."
**Sudden surge after a high-level consolidation?** That is likely the final madness. Don't hesitate, it's better to sell first out of respect — the numbers on the account are not realized profits, they are just paper wealth. Greed often makes the profits in hand fly away.
**Don't take the morning volatility too seriously.** Woke up to see a big drop? Don't rush to cut your losses; the morning movements are often just a "smoke screen", and a reversal could happen in the next moment. But if the morning is lackluster, don't force yourself to trade—trading without volatility is just asking for trouble.
$ETH