Let's talk about the two biggest pitfalls I've encountered in BTC trading, hoping to provide some insights for everyone.
**First Pitfall: Not learning to use the weekly chart for trading.** Once the major trend on the weekly chart is established, minor flaws in entry points are hardly an issue. As long as the weekly and 1-hour charts resonate, that is a good entry. Many people are used to repeatedly searching for perfect entry points on the 1-hour timeframe, but the more they wait, the more they miss, ending up either chasing the high or missing the opportunity altogether. The 1-hour chart is meant to find precise entry points; never rely on it as the primary decision-making tool.
**Second Pitfall: Never pursue a perfect entry point.** The market won't reward you just because you're waiting for perfection. Often, it's better to act when the price is close enough; over-pursuing perfection can cause you to miss the rhythm.
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BearMarketMonk
· 7h ago
In plain terms, it means that by the time you wait for the perfect moment, you are already dead. Once the weekly chart framework is confirmed, it's time to act; don't deceive yourself on the 1-hour chart. The market does not reward perfectionists.
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BrokenDAO
· 7h ago
To be honest, the first point hits too many people's pain points. The weekly chart framework is essentially a game theory equilibrium problem — you need to recognize the overall trend to avoid being squeezed by noise. But the problem is, most people don't have the patience to wait for weekly confirmation and insist on finding that "perfect entry point" on the 1-hour chart, which results in becoming the victims of mechanism flaws. Many failed experiments come from this.
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DuckFluff
· 7h ago
The weekly chart is really the key. I previously lost money because I only focused on the 1-hour chart.
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That perfect entry point strategy should have been discarded long ago; the market isn't waiting for your dreams.
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I agree with the concept of resonance, but how to reliably judge the weekly chart framework?
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Just go for it when you're close to the right position. I need to engrain this phrase in my mind.
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The group pursuing perfection is probably still waiting, haha.
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Relying on the 1-hour chart for decision-making is indeed a trap; I’ve stepped on it, plus one.
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Using the weekly trend with a precise 1-hour entry is a clear logic, but execution is difficult.
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Missing the rhythm is more painful than losing money; I’ve learned that.
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ForkItAll
· 7h ago
The weekly chart is truly the king, playing around on the 1-hour chart is really pointless.
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MainnetDelayedAgain
· 7h ago
According to the database, the publishing frequency of this type of "insight post" has been continuously tracked for n months. It is recommended to include it in the Guinness delayed discussion record. How many days have passed since the last time the weekly 1-hour resonance theory was verified? Feel free to add data.
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Again with the perfect entry point theory, claiming it will eventually be realized... The art of timing has always been about eating the most retail investors.
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Hey, wait a minute, if making money from weekly resonance alone is possible, then how have retail investors been losing so much over the past few years? Just curious.
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It's been a while since I last saw similar arguments. It seems every wave of the market has someone using this kind of reasoning, repeatedly creating hope.
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So, in the end, it's still about staying alive, not chasing perfection... That's true, the rest, hmm, let's see.
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Not bad, not bad. From the perspective of the weekly chart framework, it's worth reviewing your own historical trades.
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Perfect entry points are never attainable. This statement has killed half of my trading logic... The other half is still struggling to survive.
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MEV_Whisperer
· 8h ago
The weekly framework is indeed very accurately explained. I also came out of repeatedly finding perfect entry points on the 1h chart—lessons learned the hard way.
It's about the right position to act; don't wait until it's too late.
Let's talk about the two biggest pitfalls I've encountered in BTC trading, hoping to provide some insights for everyone.
**First Pitfall: Not learning to use the weekly chart for trading.**
Once the major trend on the weekly chart is established, minor flaws in entry points are hardly an issue. As long as the weekly and 1-hour charts resonate, that is a good entry. Many people are used to repeatedly searching for perfect entry points on the 1-hour timeframe, but the more they wait, the more they miss, ending up either chasing the high or missing the opportunity altogether. The 1-hour chart is meant to find precise entry points; never rely on it as the primary decision-making tool.
**Second Pitfall: Never pursue a perfect entry point.**
The market won't reward you just because you're waiting for perfection. Often, it's better to act when the price is close enough; over-pursuing perfection can cause you to miss the rhythm.
These two tips are enough.