A Must-Read for Newcomers in the Crypto World, Mastering the Right Timing

Even beginners can profit, making the trading journey a bit smoother. Newbies in the crypto world must learn to avoid pitfalls so they won't get lost later.

1. In most cases, Bitcoin is the leader of price fluctuations in the crypto world. Strong altcoins like Ethereum may sometimes move independently of Bitcoin, but altcoins generally cannot escape its influence;

2. Bitcoin and USDT move in opposite directions. If you notice USDT rising, be cautious of Bitcoin dropping; when Bitcoin rises, it's a suitable time to buy USDT;

3. Between 12 AM and 1 AM, there is a tendency for sudden price spikes, so domestic crypto enthusiasts can set a low buy price for their favorite coins before going to bed and a high sell price; you might just make a profit while you sleep;

4. Every morning between 6 AM and 8 AM is a critical time for deciding whether to buy or sell, and also for predicting the day's price movement. If the price has been falling from 12 AM to 6 AM, and it continues to fall during this period, it’s a good time to buy or add to your position, and the price will likely rise for the day. Conversely, if the price has been rising from 12 AM to 6 AM, and it continues to rise during this period, it’s a selling opportunity, and the price will likely drop for the day;

5. 5 PM is an important time to watch due to rumors in the crypto community. Due to time zone differences, American crypto enthusiasts are waking up and starting their activities, which may cause price fluctuations. Significant price increases or decreases have indeed occurred around this time, so pay special attention;

6. There is a saying in the crypto world about "Black Friday," with several instances of significant drops occurring on Fridays, but there have also been cases of significant increases or sideways movement, so it's not particularly reliable.