Share a bit about my friend who is 38 years old and started trading cryptocurrencies at 30. By 2024-2025, his assets will reach 8 digits. My friend has hardly ever experienced dealing with troublesome businesses and has fewer worries. I have the patience to summarize my insights; the most important aspect of trading cryptocurrencies is having a good mindset, while technical skills are secondary. 1. In most cases, Bitcoin is the leader in the cryptocurrency market's rise and fall. Strong coins like Ethereum may sometimes move independently of Bitcoin's influence, but altcoins generally cannot escape its impact; 2. Bitcoin and USDT move in opposite directions. If you notice USDT rising, you should be wary of Bitcoin falling; when Bitcoin rises, it is a good time to buy USDT; 3. Between 0:00 and 1:00 AM, there is a tendency for spike phenomena, so domestic cryptocurrency friends can try to place their desired buy orders at a low price and sell orders at a high price before going to sleep; you might just get a deal while lying down; 4. Every morning between 6:00-8:00 AM is a good time to determine whether to buy or sell, and also to judge the day's rise or fall. If it has been falling from 0:00 to 6:00 AM and continues to fall in this period, it is a buying or averaging opportunity, and it is likely to rise that day. If it has been rising from 0:00 to 6:00 AM and continues to rise, it is a selling opportunity, and the day will likely see a drop; 5. 5:00 PM is an important point to watch. Due to time differences, American cryptocurrency friends will be waking up and starting their activities, which may cause fluctuations in the cryptocurrency market. Significant rises or falls have indeed occurred at this time, so pay special attention; 6. There is a saying in the cryptocurrency community about 'Black Friday.' There have been a few instances of significant drops coincidentally on Fridays, but there have also been significant rises or consolidations, so it is not particularly reliable; just pay a little attention to the news. 7. If a coin with a certain trading volume guarantee drops, there's no need to worry. Patience will ensure you recover your investment, whether in 3-4 days or long-term within a month. If you have extra USDT, gradually average down the price; recovery will be quicker. If you don't have extra cash, just wait; it won't let you down! #加密市场回调
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