14 Survival Records of Veteran Players in the Crypto World: Understanding Market Maker Tricks is More Important than Watching the Market.
When I first entered the crypto world, I always thought that by closely monitoring the K-line and calculating the right points, I could make money. It wasn't until I spent countless nights and lost a significant amount of principal that I realized: the market rhythm and rise and fall logic in the crypto world contain too many "anti-human" traps. Especially the time difference game between the Eastern and Western markets in the early days vividly reflected the market maker's strategies—previously, the market was mainly concentrated around Western time, which is from 21:30 Beijing time to 07:30 the next day. Major increases often occurred in the early morning, and many qualified traders had to adjust their schedules, going to bed at 8 PM and waking up at 4 AM, just to keep up with the rhythm.
Later, I figured out the market rules and summarized 14 practical experiences, each of which is a lesson learned from real money lost. Understanding them can at least help avoid half of the traps:
1. If there is a continuous decline during the day in the domestic market, don’t rush to cut losses; instead, consider buying the dip—according to previous patterns, after 21:30 when the Western market becomes active, there is a high probability of a pump.
2. On the contrary, if there is a sudden surge during the day, be sure not to follow the trend and chase the highs. Most of the time, by the evening, the market will adjust, and chasing the rise can easily trap you at a high position.
3. When trading, be sure to keep a close eye on the "pin bar" signal: the deeper the pin bar on the candlestick, the stronger the corresponding buy or sell signal, which is often a key point for market sentiment reversal.
4. When encountering significant meetings or positive news, it is important to prepare in advance - usually, the coin price will rise in anticipation before the news is officially released, but when the good news is actually announced, it may easily "see the light of day" and lead to a decline.
5. If you see someone in the community wildly recommending a certain coin, hyping its prospects to the sky, and making you more and more excited as you listen, you must be alert—this is likely a trap, and the opposite action is usually safer.
6. When a certain coin suddenly becomes extremely popular, with the entire network discussing it and everyone shouting for a rise, don't think about entering the market for a piece of the pie; instead, consider shorting it—when the hype is at its peak, it often means the market is about to reach its top.
7. If someone in the community recommends a coin, your first reaction may be disinterest or even disdain. However, this type of coin might quietly take off. If you are really unsure, you might as well try a small position to experiment, and don't let prejudice make you miss out on opportunities.
8. Never hold a position with a heavy load. I have been precisely liquidated several times due to having too heavy a position - only later did I realize that when your position is heavy, you have already been placed on the "watch list" by the exchange, and market makers can easily trigger your stop-loss line through control of the market.
9. If you are stopped out when shorting, don't be frustrated and don't rush to re-enter the market—often, right after you stop out, the price of the coin will begin to drop. The market maker wants to first "trick you out" or blow up the short positions before starting the real downtrend, just like with TRB before, many people have fallen into this trap.
10. After being trapped in a position, if you are almost able to break free but find that the rebound suddenly stops, don't think it's just bad luck—this is actually the market maker's deliberate operation, and they won't easily let you close your position and escape, otherwise, who will be the one to take the fall?
11. When you set your take profit and see the coin price continue to rise right after selling, don't regret it—market makers will only feel secure to pump the price after you take profit and leave the market, after all, it's hard to accelerate when the "vehicle is too heavy."
12. When you are overly excited due to profits and even start planning subsequent earnings, be sure to be wary of a crash—your excitement is likely the result of a market maker's deliberate bait. Often, when emotions reach their peak, it is the beginning of a market reversal.
13. The most heartbreaking thing is that when you lose everything and temporarily leave the market, you will find that various projects are rising, which is intended to provoke your FOMO (fear of missing out) emotions, luring you to enter the market again.
In fact, a close observation will reveal that the probability of manipulation in the crypto world is over 80%. For ordinary traders, instead of staring at the charts and guessing the market every day, it is better to focus on two points: first, strictly control your position; second, learn to take the initiative—do not enter the market until the market maker's intentions are clear; otherwise, once you enter, you become "the one on the chopping board, while I am the fish."
Ultimately, trading is not about skills, but about patience, composure, and seizing the right moment. The crypto world creates new possibilities every day, and I hope these experiences can help you. I also welcome everyone to communicate with me, so we can navigate the market more efficiently and progress together. Here are 14 survival tips from seasoned players in the crypto world: Understanding market maker strategies is more important than just watching the charts.
When I first entered the crypto world, I always thought that by closely monitoring the K-line and calculating the right points, I could make money. It wasn't until I spent countless nights and lost quite a bit of my principal that I realized: the market rhythm and the logic of rises and falls in the crypto world hide too many "anti-human" traps. Especially the time difference game between Eastern and Western markets in the early days highlighted the market maker's strategies vividly — previously, the market was mostly concentrated during Western hours, which is from 21:30 to 7:30 Beijing time, with significant rises often occurring in the early morning. Many qualified traders had to adjust their routines, going to bed at 8 PM and waking up at 4 AM just to keep up with the rhythm.
Later, after understanding the market rules, I summarized 14 practical experiences, each of which is a lesson learned from real money being invested. Understanding them can at least help you avoid half of the pitfalls:
1. If there is a continuous sharp decline during the day domestically, don't rush to cut your losses; instead, consider buying the dip – according to past patterns, after 21:30 when the Western market becomes active, there is a high probability of a rally.
2. Conversely, if there is a sudden surge during the day, do not follow the trend and chase the high. Most of the time, by evening the market will correct, and chasing the rise can easily trap you at a high position.
3. When trading, be sure to keep a close eye on the "pin bar" signal: the deeper the K-line pin bar, the stronger the corresponding buy or sell signal, which is often a key turning point in market sentiment.
4. When encountering major meetings or positive news, it is important to prepare in advance—usually, before the news is released, the coin price will rise in anticipation, and when the positive news is actually announced, it is more likely to "see the light and die," leading to a decline.
5. If you see someone in the community wildly recommending a certain coin, hyping up its prospects to the sky, and making you more and more excited the more you listen, you must be cautious—this is likely a trap, and it is safer to operate in the opposite direction.
6. When a certain coin suddenly becomes extremely popular, and the whole network is discussing it, with everyone shouting for a rise, don't think about entering the market to share in the profits; instead, consider shorting it—high heat often means the market is about to peak.
7. If someone in the community recommends a coin, your first reaction might be disinterest or even disdain; however, this coin may quietly take off. If you're really uncertain, you might as well try a small position to experiment, and don't let your biases make you miss out on opportunities.
8. Never hold a position with too much leverage. I have been liquidated several times due to heavy positions—later I found out that when you are heavily leveraged, you are already on the "watch list" of the exchange, and market makers can easily trigger your stop-loss line by controlling the market.
9. When you are stopped out while shorting, don't be frustrated or rush to re-enter the market—often right after you are stopped out, the coin price will begin to drop. The market maker wants to first "fool you off the bus" or blow up the short positions before starting the real downtrend, just like what happened with TRB; many people have fallen into this trap before.
10. After being trapped in a position, if you are just about to break free but find the rebound suddenly stops, don’t think it's just bad luck — this is actually the deliberate operation of the market maker, who won't easily let you close your position and run away, otherwise who will be the one to take the handover?
11. When you set up a take-profit and see the coin price continue to rise right after selling, don't regret it—market makers wait for you to take profit and leave the market, "lightening the load" before they feel secure to pump the price, after all, "the car is too heavy" to accelerate.
12. When you are overly excited about profits and even start planning for future gains, be wary of a market crash — your excitement is likely the result of a market maker's intentional baiting, and when emotions reach a peak, it often marks the beginning of a market reversal.
13. The most heartbreaking thing is that when you lose everything and temporarily exit the market, you will find that various projects are rising, aimed at stirring up your FOMO (Fear of Missing Out) emotions, luring you back in.
In fact, careful observation will reveal that the probability of manipulation in the crypto world is as high as 80% or more. For ordinary traders, rather than staring at the market every day trying to guess the trend, it's better to focus on two things: first, strictly control your position, and second, learn to take the initiative—resolutely avoid entering the market before the market maker's intentions are clear; otherwise, once you enter, you become "the one on the chopping block, I am the fish."
Ultimately, trading is not about skill, but about patience, composure, and seizing the right moment. The crypto world creates new possibilities every day, and I hope these experiences can help you. I also welcome everyone to communicate with me, so we can navigate the market with fewer detours and make progress together.