Ten years of trading coins, starting capital of 50,000! Earned 30 million!
Here’s how I made money:
1. Starting capital of 50,000, doing projects in university, affiliate marketing, shuffling orders, delivery, filling spots for apps, various small tasks, saved up 50,000.
2. Entering the crypto market, I thought BTC was too expensive, so I kept playing with ETH, which has leverage, and then moved to altcoin spot trading. Choose coins, manage positions well. Just stick to this simple strategy: when the market is bad, I lose a little, when the market comes, I earn a lot.
Below, I will share my trading experiences; learning means earning ❤️
1. In most cases, Bitcoin is the leader of the fluctuations in the crypto market. Strong quality coins like Ethereum may sometimes move independently of Bitcoin, but altcoins generally cannot escape its influence.
2. Bitcoin and USDT move inversely; if you notice USDT is rising, be wary that Bitcoin might drop; when Bitcoin is rising, it’s a good time to buy USDT.
3. Between 0:00 and 1:00 AM, the phenomenon of 'spike' is likely to occur, so domestic coin friends can try to set a low buy price for their desired coin before sleeping and a high sell price; who knows, it might get executed while you’re resting.
4. Every morning from 6 to 8 AM is a good time to judge buying or selling, and it’s also a time to assess the day’s ups and downs. If it has been falling from 0:00 to 6:00, and it continues to fall during this period, it’s a buying or averaging down opportunity; it will likely rise that day. If it has been rising during this timeframe, it’s a selling opportunity; it will likely drop that day.
5. 5 PM is an important time to pay attention to; due to time zone differences, American coin friends are waking up and starting their activities, which can cause fluctuations in coin prices. Significant rises or drops have indeed happened at this time, so be particularly cautious.
6. There’s a saying in the crypto world about 'Black Friday'; there have been a few instances of significant drops on Fridays, but there are also instances of significant rises or sideways movements, so it’s not particularly reliable; just pay attention to the news.
7. If a coin with a certain trading volume drops, don’t worry; patiently hold onto it, and you will definitely break even, short term 3-4 days, long term a month. If you have extra USDT, average down in batches to lower the price; you’ll break even faster. If you don’t have extra money, just wait; it won’t let you down. Unless you really bought I coin.
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