I started trading cryptocurrencies at 22, and by 2024-2025, my assets will reach eight figures. I have hardly experienced any disputes in business, and I have fewer worries.

I have the patience to summarize my insights. The most important aspect of trading cryptocurrencies is having a good mindset; technical skills come second.

1. In most cases, Bitcoin leads the rise and fall in the cryptocurrency market. Ethereum, being a strong coin, may sometimes deviate from Bitcoin's influence and show a unilateral trend, while altcoins generally cannot escape its impact;

2. Bitcoin and USDT move in opposite directions. If USDT rises, be cautious as Bitcoin may fall; when Bitcoin rises, it is a suitable time to buy USDT #美国加密立法

3. Between 0:00 and 1:00 AM, there is a tendency for price spikes, so domestic cryptocurrency friends can try to place a low purchase price for their desired coins before going to sleep and a high selling price; you might get a transaction while lying down #CPI数据来袭

4. Every morning from 6 to 8 AM is a good time to judge whether to buy or sell and also to determine the day's price trend. If it has been falling from 0:00 to 6:00, and continues to fall during this period, it is a buying or averaging opportunity, and the day will likely rise. Conversely, if it has been rising during that time, it is a selling opportunity, and the day will probably fall #币安Alpha上新

5. 5 PM is an important focus time. Due to time zone differences, American cryptocurrency friends are waking up and starting their work, which may cause fluctuations in coin prices. Significant rises or falls have indeed happened at this time, so pay special attention;

6. There is a saying in the cryptocurrency world about 'Black Friday,' where a few coincidental significant drops occurred on Fridays, but there have also been significant rises or sideways trends, so it's not particularly accurate. Just pay a little attention to the news $ETH

7. If a coin with a certain trading volume drops, don’t worry; patiently holding will definitely bring you back to profit, whether it's in 3-4 days or a month. If you have extra USDT, consider averaging down by buying in batches to lower the price; you'll recover faster. If you don't have extra money, just wait; it won't let you down. Unless you really bought the I coin $BTC

8. Holding the same coin for long-term in spot trading with less frequency yields greater returns than frequent trading; it just depends on whether you have the patience to hold $XRP

Follow my article account 'Sunny in the Crypto Circle,' and you will get the latest cryptocurrency news and trading tips.