Can people in the crypto circle fall asleep in the middle of the night?

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27 Jan 2024
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Can people in the crypto circle fall asleep in the middle of the night?

Having been in the crypto industry for 7 years, I have worked as a community manager, project operator, analyst, and KOL. I can responsibly tell you that most people in the crypto circle can fall asleep in the middle of the night.

Who can't sleep in the middle of the night?

1. Degenerate gamblers among gamblers

This should be recognized by many people. There are many degenerate gamblers in the crypto circle, but those who can't sleep are basically short-term high-multiplier players. This group of people won't use much capital when operating, and their base is not large. Their staying power is poor, and their average survival time is about 5 days. They are in a high-risk occupation with high job mobility.

2. Project parties with jet lag

Some people who have worked with project parties in China know that some tasks can be done during the day, but they also want to leave them to be done at night. Some branding, public relations, and community maintenance work are better done at night than during the day. In addition, some project parties have requirements for jet lag, but they are only a few, and their salaries are generally not high.

3. Traders who reverse day and night

This is very different from degenerate gamblers. Many people in the crypto circle don't know what they are doing, but a few do, such as traders who specialize in night trading. Such traders may use 10x or 5x leverage, but they won't take up too much of the overall position. They do short-term and long-term trading, mainly for work-life balance. Many of them have their own trading strategies, but the emptiness formed by long-term trading makes them feel more secure at night.

Finally, most people in the crypto circle actually like to stay up late, but they won't stay up too late, usually around 2:00 a.m., because the U.S. trading hours basically start at night. Since China has strengthened its regulatory efforts, many major market conditions have occurred during U.S. trading hours.

The longer you炒币, the shorter the time you stay up late, because the market conditions are no longer on the trading interface, but in your own trading plan.


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