I used the dumbest method for trading cryptocurrencies, and my win rate is close to 100%! (A must-read for all crypto traders)

Here are some tips and patterns in the crypto world for newcomers and veterans:

1. In most cases, Bitcoin is the leader of price movements in the crypto market. Strong Ethereum coins may sometimes break away from Bitcoin's influence and create their own trends, while altcoins generally cannot escape its impact;

2. Bitcoin and USDT move inversely; if you find that USDT has risen, be cautious of a potential drop in Bitcoin. When Bitcoin rises, it is a good time to buy USDT;

3. There is often a spike phenomenon between 12:00 AM and 1:00 AM daily, so crypto friends in the country can try placing a low buy order for their desired coin and a high sell order before going to bed, you might just close a deal and earn passively;

5. 5 PM is an important time to pay attention to according to rumors in the community. Due to time zone differences, American crypto friends are waking up to work, which may cause fluctuations in coin prices. Significant increases or decreases have indeed occurred at this time, so be particularly alert;

6. There is a saying in the crypto world about "Black Friday." There have been instances of significant drops on Fridays, but there are also times of substantial increases or consolidation, so it’s not particularly accurate—just pay a bit of attention to the news;

7. If a coin with a certain trading volume guarantee drops, there’s no need to worry. Patiently holding will definitely bring you back to breakeven, whether it takes 3-4 days for short-term or up to a month for long-term. If you have spare USDT, you can average down your position by buying in batches to lower the price; you will recover faster. If you don’t have spare money, just wait, you won’t be disappointed. Unless you really bought a garbage coin;

8. For spot trading, holding the same coin long-term with less frequent trading yields greater returns than frequent trading; it all depends on your patience. I bought Dogecoin at 0.029, and it has gone up more than 20 times now, the highest increase among all coins;

9. Factors influencing turbulence in the crypto market:

1) The attitude of various countries toward cryptocurrencies; if it's negative, there will generally be a wave of decline;

2) U.S. financial policies, such as the recent news about taxing profits from the wealthy.