Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

While having tea with my fren Lao Chen, we talked about the recent trend of a certain coin. He slowly sipped his cup and said, "This Whipsaw technique is exactly the same as that wave eight years ago."


I was taken aback for a moment and nodded with a smile. Over the years of trading coins, I've seen too many of these acts:
The K-line plummeted, retail investors were scared to cut their losses and flee; the big players quietly bought in at the low, waiting for everyone to run away before a surge.
That "blood transfusion" was performed cleanly and ruthlessly. On the surface, it seemed like "the main force was unloading."
It's actually an old story repeating itself — the one who dumps the market isn't the whale, it's you and me.
Many people panic when they see a sharp drop, thinking the market is about to crash, and end up selling at the bottom.
More people just added leverage to "average down" as they were trapped, and the next bearish candle directly took away their last breath.
Old Chen lit a cigarette and smiled, saying: "Every time there's a whipsaw, it's testing human nature."
The more I think about it, the more I agree with this statement.
Market fluctuations are an illusion; human greed and fear are the true killers.
What are the biggest fears of the operators?
It's not that someone sees through the candlestick chart, but that someone remains calm and unperturbed.
They create fear through declines and wear down belief through sideways movement.
They only start to feast when retail investors give up.
I have also been tricked by this kind of act.
Back then, when ETH dropped from 300 to 180, I thought it was going to zero. After selling, it directly bounced back to 350 in two days.
At that moment, I finally understood that what is called "Whipsaw" is the way the market makers use your emotions to buy at your bottom.
Brothers remember:
The true masters in the coin circle are not those who predict rises and falls, but those who can stay steady during a crash.
It's not scary to be harvested by the big players; what's scary is forgetting the script every time - while the big players never change the script.
Now I have come out, what about you?
Ask yourself, are you willing to be a leek for a lifetime? Or do you want to be the one who laughs last as the winner?
The carp leaps over the dragon gate 👉 @Behind-the-scenes operator Lao K Action speaks louder than words.
#今天你用Gate保险箱了吗? #ETH反弹在即? #Whale increases position by $250 million in BTC
ETH-0.69%
BTC-1.07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
ThePromisedFaithvip
· 10-22 00:23
Just go for it💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)