Cryptocurrency Trading is actually not complicated; the real complexity lies in your hands, which can’t help but click around. My method is very simple: only focus on one pattern, and if the market isn't right, I'd rather turn off the computer and go to sleep.
Four points, remember: 1. When it rises quickly and falls slowly, it means the market makers are holding back a big move. After a wave of highs, the pullback is slow and steady. This is not a break, but rather the whales quietly accumulating. Don't ask me how I know; it's all experience from being cut out. 2. Drops quickly and rises slowly, basically leaving you a way to escape. Diving down like a plunge, but the rebound is as weak as a cough. Don't be foolish; this is called the "distribution period." If you don't leave now, you'll become a model among the bag holders. 3. Don't panic sell when there's high volume at the top, run quickly when there's low volume at the top. A large volume indicates there's still hope; there might be another bullish candle to send you off. But if there is no volume, and you can't even deceive yourself, then don't hesitate; running away is the starting point of dignity. 4. Cryptocurrency Trading is about trading emotions; the market relies on consensus, not empathy. Trading volume is a voting machine, not a lie detector. When everyone rushes in, that's called a market; if no one pays attention, don't fantasize about miracles. Ultimately, the cryptocurrency trading world is not lacking in opportunities; what is missing is the patience to wait for those opportunities. Stop thinking every day that "this time is different"; the market makers don't want to put on a new show every time, they just love your single-mindedness. In short: make your move only when you're sure, avoid unclear markets, think before acting, and clarify whether you're the hunter or the prey. #BTC #ETH
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Cryptocurrency Trading is actually not complicated; the real complexity lies in your hands, which can’t help but click around. My method is very simple: only focus on one pattern, and if the market isn't right, I'd rather turn off the computer and go to sleep.
Four points, remember:
1. When it rises quickly and falls slowly, it means the market makers are holding back a big move.
After a wave of highs, the pullback is slow and steady. This is not a break, but rather the whales quietly accumulating. Don't ask me how I know; it's all experience from being cut out.
2. Drops quickly and rises slowly, basically leaving you a way to escape.
Diving down like a plunge, but the rebound is as weak as a cough. Don't be foolish; this is called the "distribution period." If you don't leave now, you'll become a model among the bag holders.
3. Don't panic sell when there's high volume at the top, run quickly when there's low volume at the top.
A large volume indicates there's still hope; there might be another bullish candle to send you off.
But if there is no volume, and you can't even deceive yourself, then don't hesitate; running away is the starting point of dignity.
4. Cryptocurrency Trading is about trading emotions; the market relies on consensus, not empathy.
Trading volume is a voting machine, not a lie detector. When everyone rushes in, that's called a market; if no one pays attention, don't fantasize about miracles.
Ultimately, the cryptocurrency trading world is not lacking in opportunities; what is missing is the patience to wait for those opportunities.
Stop thinking every day that "this time is different"; the market makers don't want to put on a new show every time, they just love your single-mindedness.
In short: make your move only when you're sure, avoid unclear markets, think before acting, and clarify whether you're the hunter or the prey.
#BTC #ETH