Having navigated the crypto market for so many years, my biggest takeaway isn't how much I've made, but understanding a fundamental truth: behind market rises and falls, it's never the fundamentals, but always emotions.
I've seen too many people lose money in the market, not because they chose the wrong coins, but because they simply didn't understand what the big players are doing. Many traders like to chase rallies, especially in markets that are rising rapidly, thinking they can catch the wave. But often, that's a trap. The more aggressive the rise, the more brutal the fall tends to be. What you really need to watch out for is a situation where prices are surging but volume remains low—this usually indicates that chips are quietly changing hands, and the big players are preparing for the next move.
Conversely, when looking at the bottom, don't rush to buy just because there's some volume. Many people see a sudden increase in trading volume at the bottom and think a rebound is coming, but that's often just a trap to lure more buyers. The real reliable buy signals come when volume has been consistent for several days and the price remains stable—that indicates genuine funds are stepping in.
And what about at high levels? Many people get scared and sell when they see volume spike, but that doesn't necessarily mean the top. Sometimes, the big players are just pushing the last wave, trying to accumulate more retail chips. But if the price reaches a high and volume suddenly drops, then the situation is reversed—that's when you should run, or you'll be the last to get in.
Ultimately, the crypto market is driven by emotions and expectations. When you really want to jump in, that's often when market sentiment is at its peak, and the big players are offloading. Conversely, the opposite is true. Learning to read volume and recognize these signs is more practical than any technical analysis.
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OneBlockAtATime
· 01-11 06:09
That's right, chasing the rise is just giving away money. I've been trapped too many times already.
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BakedCatFanboy
· 01-10 22:52
That's right, but it's easy to understand and hard to do.
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ILCollector
· 01-10 22:51
That's right, chasing the rise is just giving money to the big players. I especially dislike those sudden surges that look very urgent.
A rise without volume is the most dangerous; it's obvious they're testing the market.
I've lost quite a bit before due to trap trading, and now I wait three to five days before considering bottoming out.
High levels without volume are even more dangerous; at this point, you really need to run.
Emotions are really uncontrollable; I often end up being the last one to take the bait.
Watching volume is more effective than looking at any moving averages; I've understood this over the past few years.
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AlwaysQuestioning
· 01-10 22:37
Basically, it's all about the volume; there's no other fancy tricks.
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GasFeeLover
· 01-10 22:37
Exactly right, quantity is the truth, everything else is nonsense.
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GasFeeCryer
· 01-10 22:34
No problem with that, chasing gains and selling losses is truly a dead end. I've seen too many retail investors get trapped.
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If the volume doesn't follow, it's a false breakout. I've suffered quite a few losses from this.
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The trick of inducing buying hype is really clever. Low trading volume at the bottom is the best way to deceive.
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The core is not to follow the crowd. When everyone wants to buy, it's actually already too late.
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Trading volume is the key; technical indicators are all false.
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High positions without volume are even more dangerous. If it's time to withdraw, do so. Don't think about the last wave.
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Playing with market sentiment becomes clearer the more you understand. Capital flow is always the truth.
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The most terrifying rise is when there's no volume. Understanding this can help avoid pitfalls.
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Retail investors are always led by emotions; learning to think differently gives you a half advantage.
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Bottom-fishing is the easiest to get carried away with. Only act after confirming continuous volume.
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ContractFreelancer
· 01-10 22:31
That's right, chasing highs and selling lows is just giving away money. Watching trading volume is the real key.
Having navigated the crypto market for so many years, my biggest takeaway isn't how much I've made, but understanding a fundamental truth: behind market rises and falls, it's never the fundamentals, but always emotions.
I've seen too many people lose money in the market, not because they chose the wrong coins, but because they simply didn't understand what the big players are doing. Many traders like to chase rallies, especially in markets that are rising rapidly, thinking they can catch the wave. But often, that's a trap. The more aggressive the rise, the more brutal the fall tends to be. What you really need to watch out for is a situation where prices are surging but volume remains low—this usually indicates that chips are quietly changing hands, and the big players are preparing for the next move.
Conversely, when looking at the bottom, don't rush to buy just because there's some volume. Many people see a sudden increase in trading volume at the bottom and think a rebound is coming, but that's often just a trap to lure more buyers. The real reliable buy signals come when volume has been consistent for several days and the price remains stable—that indicates genuine funds are stepping in.
And what about at high levels? Many people get scared and sell when they see volume spike, but that doesn't necessarily mean the top. Sometimes, the big players are just pushing the last wave, trying to accumulate more retail chips. But if the price reaches a high and volume suddenly drops, then the situation is reversed—that's when you should run, or you'll be the last to get in.
Ultimately, the crypto market is driven by emotions and expectations. When you really want to jump in, that's often when market sentiment is at its peak, and the big players are offloading. Conversely, the opposite is true. Learning to read volume and recognize these signs is more practical than any technical analysis.