I am 36 years old this year, started trading cryptocurrencies at 22, and by 2024-2025, my assets will reach 8 figures. I have hardly experienced business disputes and have few worries. I have the patience to summarize my insights; the biggest point in trading cryptocurrencies is having a good mindset, and technology is secondary.
1. In most cases, Bitcoin is the leader in the rise and fall of the crypto market. Strong tokens like Ethereum can sometimes move independently of Bitcoin, but altcoins generally cannot escape its influence;
2. Bitcoin and USDT move inversely; if USDT rises, be wary of Bitcoin falling. When Bitcoin rises, it is the right time to buy USDT;
3. Between 0:00 and 1:00 daily, there is a tendency for price spikes, so domestic crypto friends can set a low buy price for their preferred coins and a high sell price before sleeping, who knows, it might just get executed while they rest;
4. Between 6:00 and 8:00 every morning is a time to judge whether to buy or sell, and also a time to assess the day's rise and fall. If it has been falling from 0:00 to 6:00 and continues to fall in this period, it is a buying or averaging opportunity, and the day will likely rise. If it has been rising from 0:00 to 6:00 and continues to rise, it is a selling opportunity, and the day will likely fall;
5. 5:00 PM is an important time to pay attention to; due to time zone differences, U.S. crypto friends are waking up to work, which may cause fluctuations in coin prices. Significant rises or falls have indeed happened at this time, so be especially careful;
6. There is a saying in the crypto world about 'Black Friday.' There have been occasions when significant falls coincidentally happened on a Friday, but there have also been significant rises or sideways movements, so it is not particularly reliable; just pay a little attention to the news.
7. If a coin with a certain trading volume guarantee falls, there is no need to worry; patiently holding will definitely lead to a recovery, in the short term 3-4 days, in the long term a month. If you have spare USDT, average down in batches to lower the price; recovery will be faster. If you have no spare cash, just wait; it won’t disappoint you. Unless you really bought I coins;
8. Holding the same coin for the long term with less trading yields greater profits than frequent trading, it just depends on whether you have the patience to hold. #特朗普马斯克分歧 #Solana质押型ETF #大而美法案
