8 Key Strategies in the Cryptocurrency Market: From 50,000 to 2.58 Million - A Roadmap for Investors

After 6 years in the market, having taken countless detours and suffered over twenty liquidations, I have summarized these 8 key strategies that can help anyone!

1. Smart Use of Morning Market Trends: The morning is a time when market sentiment is very pure. If the price drops sharply, don’t panic; it might be a good opportunity to buy the dip. If the market is surging high in the morning, don’t be greedy; take the opportunity to secure profits and cash out.

2. Control Afternoon Strategies: If there’s a sudden surge in the afternoon, don’t be swept up in the excitement and chase it; most of the time it’s just hype, and buying at a high price can lead to losses. Conversely, if there’s a downturn in the afternoon, stay calm and observe for a while. Look for low points to enter between 16:00-17:00, which often leads to gains.

3. Maintain a Steady Downward Mindset: If you wake up in the morning to see the price dropping, don’t rush to cut losses. The market changes rapidly, and morning fluctuations are often an “illusion.” If the market is stagnant with no movement, don’t rush; take a break, conserve your energy, and wait for opportunities.

4. Strictly Adhere to Trading Principles: If your holdings haven’t reached the expected high, don’t sell easily; a small profit is still a loss. If the price hasn’t dropped to your psychological level, refrain from impulsively buying to avoid catching a falling knife. During sideways phases with unclear trends, trading is like a blind person touching an elephant; it’s better to observe from the sidelines.

5. Operate Based on Candlestick Patterns: Enter on bearish candles and exit on bullish candles; this is a classic strategy. A bearish candle indicates a price correction and a good buying opportunity; a bullish candle signifies the formation of a short-term uptrend, so take profits at a high.

6. Counterintuitive Thinking to Break the Mold: To stand out in the cryptocurrency market, sometimes you have to go against the grain. When everyone is enthusiastically buying, maintain some calm; when there’s panic selling, be courageous and dare to operate counter to the crowd to find niche opportunities for wealth.

7. Endure the Pain of Consolidation: If prices are consolidating at high or low levels for a long time, it can be frustrating. Don’t let anxiety push you into hasty actions; be patient and steady. Wait until the trend clarifies—whether it’s an upward or downward move—then strike with full force.

8. Capture the Final Surge: After a long period of high-level consolidation, if there’s another upward push, don’t hesitate; this is likely the final frenzy. Sell in time to secure tangible profits, or risk losing them in an instant.