#ETH巨鲸增持 Last year in Singapore, I met an old fren. This guy back then invested hundreds of k, and now his assets have reached nearly tens of millions.
I was losing badly during that time, and he told me: "The market actually depends on one thing - who can stay calm. Most people are led by their emotions, but if you can control it, then it becomes an ATM machine."
I pondered over this for a long time, and later gradually figured out some ways:
Is the price of coins rising quickly but falling slowly? Don’t panic, it’s likely that someone is accumulating. Conversely, if it falls sharply but rebounds weakly, then it’s being distributed, so don't foolishly try to pick the bottom.
If the trading volume suddenly increases at a high level, it does not necessarily mean that it has reached the top immediately, but if the volume shrinks, it's time to run. Don't rush to jump in when there is an increase in volume at a low level; it needs to be assessed whether it is sustainable, as a one-time increase in volume could be a trap to lure in more buyers.
To put it simply, trading cryptocurrencies is all about emotions, and the trading volume is the thermometer of market consensus. You need to learn to read this thermometer instead of blindly guessing at the candlestick chart.
The most important point - don't be obsessed with any particular coin. Greed and fear are contagious; only those who can stay in cash and wait for opportunities deserve the big market movements.
The fluctuations in the market are actually all in your mind. Stay calm, don't rush, there are always opportunities.
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BasementAlchemist
· 9h ago
The words are good, but most people can't really do it; it's easier said than done.
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BoredApeResistance
· 9h ago
Sounds pretty right, but I think most people can't control it at all, including me in the past haha.
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GasFeeCrybaby
· 9h ago
What you said is really on point. I am that fool who is led by emotions, always rushing in when I'm high and crying while cutting loss when it falls.
#ETH巨鲸增持 Last year in Singapore, I met an old fren. This guy back then invested hundreds of k, and now his assets have reached nearly tens of millions.
I was losing badly during that time, and he told me: "The market actually depends on one thing - who can stay calm. Most people are led by their emotions, but if you can control it, then it becomes an ATM machine."
I pondered over this for a long time, and later gradually figured out some ways:
Is the price of coins rising quickly but falling slowly? Don’t panic, it’s likely that someone is accumulating. Conversely, if it falls sharply but rebounds weakly, then it’s being distributed, so don't foolishly try to pick the bottom.
If the trading volume suddenly increases at a high level, it does not necessarily mean that it has reached the top immediately, but if the volume shrinks, it's time to run. Don't rush to jump in when there is an increase in volume at a low level; it needs to be assessed whether it is sustainable, as a one-time increase in volume could be a trap to lure in more buyers.
To put it simply, trading cryptocurrencies is all about emotions, and the trading volume is the thermometer of market consensus. You need to learn to read this thermometer instead of blindly guessing at the candlestick chart.
The most important point - don't be obsessed with any particular coin. Greed and fear are contagious; only those who can stay in cash and wait for opportunities deserve the big market movements.
The fluctuations in the market are actually all in your mind. Stay calm, don't rush, there are always opportunities.