The mindset of trading coins is the key, technology is just a bonus!!!
1️⃣ BTC is king: Most of the time, Bitcoin's rise and fall is the barometer for the entire crypto world; altcoins can hardly escape its influence.
2️⃣ Buy low during the day, pump at night: Is it crashing hard during the day? This is a great opportunity to buy low; at 22:30, foreign traders will pump; did it rise during the day? Don't chase the high, it will pull back at night.
3️⃣ Pin bar rule: The best signals for buying and selling are often pin bars; the deeper the pin, the stronger the signal!
4️⃣ Judgement between 6-8 AM: This period determines whether you buy or sell today. If it's continuously dropping from midnight to 6 AM, that's the time to average down; conversely, if it's continuously rising, it's a good time to sell.
5️⃣ 5 PM: American traders start to become active, and the market may fluctuate at this time, so stay alert.
6️⃣ "Black Friday": Fridays can sometimes see significant drops, but also large rises, so it’s not always reliable; keep an eye on market news at all times.
7️⃣ Don't panic if a large coin with high trading volume drops: If stablecoins drop, there's no need to rush, wait a few days and you will definitely break even. If you don't have USDT, just wait unless you bought I-coins.
8️⃣ Long-term holding is the key: Spot trading means less trading and more holding, which can lead to more stable profits. If you lack patience, don't enter the market.
With a good mindset, operations will naturally go smoothly. Whoever has stronger patience will be the one to laugh last.
