From Reaction to Structure: How Traders Are Adapting to 24/7 Markets – An interview with Phemex CEO Federico Variola

In an interview, Phemex CEO Federico Variola explains that the 24/7 nature of crypto markets is structurally unforgiving to human decision-making, leading to fatigue and emotional reactions when traders rely on manual, moment-to-moment judgment. He argues that the key adaptation is shifting from reaction to structure through strategy trading, often facilitated by trading bots. Variola emphasizes that many traders mistake having a market view for having a strategy; bots embed the structure by executing predefined rules (like Grid, DCA, or Martingale) consistently, reducing emotional interference and improving execution reliability.

Variola challenges the assumption that structure should only be adopted after extensive manual trading, suggesting that starting with systematic tools early helps new traders avoid forming bad habits like overtrading or impulsive adjustments. Tools like copy trading or simple grid bots provide a framework for disciplined execution from the beginning. Ultimately, structured execution helps traders stay engaged across market cycles by managing a plan rather than constantly chasing volatile price ticks, making participation more sustainable.

(Source：BeInCrypto)