In recent years of trading cryptocurrencies, I've really encountered more pitfalls than bridges crossed. At my worst, I was heavily in debt, but I managed to pull through, and now I can say I have some value.
Along this journey, I've witnessed the tactics of market manipulators and learned a few iron rules myself. If you can understand even one, it can save you from significant losses. If you can practice a few, you'll basically no longer be among the 'retail investors.'
1. BTC is the leader; most altcoins cannot escape its rhythm. ETH can occasionally move independently, but that's rare.
2. BTC and U are like a seesaw; when U rises sharply, be cautious as BTC is likely to reverse.
3. There's often a spike between midnight and 1 AM. Hanging a few greedy orders right before sleeping can occasionally yield profits.
4. The period from 6 to 8 AM is crucial. If it has dropped to the bottom during the first half of the night, it may continue to drop at this time, but could rise during the day; if it has surged sharply at midnight, it may continue to rise at this hour, making it easy to hit a peak during the day.
5. Be cautious at 5 PM; Americans are waking up, and there’s often a sudden increase in volume, with many sharp rises and falls occurring at this time.
6. Fridays can be peculiar in terms of market behavior, with both drops and rises. It's not a hard rule, but when paired with news, it can accelerate movement.
7. Don't fear coins with trading volume; if they really drop, with some patience, they will eventually recover. It could take three to five days, or even a month. If you have U, buy in batches; if you're out of bullets, just wait; don’t panic.
Ultimately, trading cryptocurrencies is a psychological battle, not a technical one. Stop fantasizing about bottom fishing and selling at the peak; surviving is the greatest advantage. The market will always charge tuition; you either pay with money or with time.
#特朗普家族币 $BTC