The tradition of Egg Balancing (Standing) originated 4,000 years ago in ancient China, as celebration of the coming of spring.
Egg Balancing (Standing) has been connected with Li-Chun (立春), the solar term beginning Chinese spring (春)， when the sun is at the celestial longitude of 315°. On this day, fresh chicken eggs were balanced on their broad end. It is traditionally believed that you will be lucky for the coming year if you can make an egg standing up.
In Taiwan, it is practiced during the Dragon Boat Festival, on the 5th day of the 5th Chinese lunar month.
Egg Balancing Game has since been popularized in the United States as well.
A Taoist "Master" was telling his female client that if she was able to make an egg stand after chanting a secret verse, it meant that the Fox Goddess was present.
The truth is anybody can balance a fresh egg at anytime of the day, not just on any specific days of the year, and not that a god or goddess has come over. You just need to concentrate and feel the centre of gravity of the egg, and very soon the egg will be standing.
However, it is still a fun game to be played during special festive occasions.
Remember: Egg Balancing (Standing) Is Just A Game. Do not be fooled , bluffed or lied by anyone, or even a Taoist "Master", that by able to do this feat, You have achieved super magical power.