In the cryptocurrency world for over ten years, I entered the market in 2013 with 100,000 and reached a peak of over 3 million. As a trading expert, I resolutely quit my job in the face of tremendous wealth temptation, even borrowing money to trade cryptocurrencies.
However, reality gave me a harsh slap in the face. I encountered many problems, which not only caused me to lose all my profits but also left me with a mountain of debt. In the end, I reflected and summarized a lot, and I was fortunate to meet a big shot from the cryptocurrency community.
His words deeply shocked me.
Later, I began to summarize methods, review, and change my wrong trading methods and approaches. I started to change my thinking and understanding, learning + learning + learning, and it was only under the guidance of experts that I gained enlightenment! Although I can't say I am extremely wealthy now, I can say that I have achieved stable profits, at least consistently outperforming over 80% of people.
Sharing the summary of ten years of trading cryptocurrencies:
Between 0:00 and 1:00 AM, there is often a phenomenon of price spikes, so domestic cryptocurrency friends can try to place a low buy order for their desired coins and a high sell order before going to bed; you might just get a deal while sleeping.
Every morning from 6:00 to 8:00 AM is a crucial time to determine whether to buy or sell, and it is also a time to judge the rise or fall of the day. If it has been falling from 0:00 to 6:00 AM and continues to fall during this period, it is a good opportunity to buy or add to positions, and the day will likely rise. If it has been rising from 0:00 to 6:00 AM and continues to rise during this period, it is a selling opportunity, and the day will likely fall.
5:00 PM is an important time to pay attention to. Due to the time difference, American cryptocurrency friends are waking up and starting their work, which may cause fluctuations in the cryptocurrency market. Some significant rises or falls have indeed occurred at this time, so it is essential to be particularly vigilant.
In the cryptocurrency world, there is a term "Black Friday," and there have been a few times when the market happened to drop significantly on a Friday, but there have also been instances of significant rises or sideways movements; it is not particularly reliable, just pay a little attention to the news.