After eight years in the circle, having gone through countless detours and blowing up over twenty accounts, I've summarized these 8 key phrases that can help anyone! (I suggest liking and saving this to avoid losing it later)
1. Skillfully use morning market sentiment: The morning is a time when market sentiment is very pure. If the price drops sharply, don’t panic; this might be a good opportunity to pick up bargains. If the price rises significantly in the morning, don’t be greedy; take the opportunity to realize profits and secure your gains.
2. Master afternoon strategies: If there is a sudden surge in the afternoon, don’t get carried away by the excitement and chase after it; most of the time it's just a flash in the pan, and buying at a high can lead to losses. Conversely, if the price drops in the afternoon, stay calm, observe for a while, and look for a good entry point between 16:00-17:00; this often leads to gains.
3. Maintain a steady mindset during downturns: If you wake up in the morning to see the price dropping, don’t rush to cut losses. The market changes rapidly, and morning volatility is often a 'smoke and mirrors' trick; if the market is stagnant with no movement, don’t be anxious; it might be better to take a break, conserve your energy, and wait for opportunities.
4. Strictly adhere to buying and selling principles: If the currency in your hand hasn’t reached your expected high, don’t sell it off easily; making a smaller profit is still a loss. If it hasn’t dropped to your psychological price point, hold off on buying rashly to avoid catching the falling knife. During sideways markets with chaotic movements and unclear direction, trading is akin to a blind man trying to touch an elephant; it’s better to observe from the sidelines.
5. Operate based on candlestick patterns: Enter on a bearish candle and exit on a bullish candle; this is a classic strategy. A bearish candle indicates a price correction and makes buying cheaper, which is a good time to enter; a bullish candle signals a short-term uptrend, so sell at the high to secure your gains.
6. Use contrarian thinking to break through: To stand out in the cryptocurrency market, sometimes you need to do the opposite of the crowd. When everyone is enthusiastically chasing, keep a cooler head; when everyone is panic selling, be more decisive and dare to take contrarian actions, which can lead to finding niche opportunities for wealth outside the mainstream.
7. Endure the agony of consolidation: When prices consolidate at high or low levels for a long time, it can be frustrating. Don’t let anxiety push you into rash actions; stay patient and wait until the trend becomes clear, whether it’s an upward breakout or a downward test, then strike hard.
8. Catch the tail end of a surge: After a prolonged period of sideways movement at a high level, once there’s renewed upward momentum, don’t hesitate; this is likely to be the last frenzy. Sell promptly to secure your profits, or else you might miss out, and the cooked duck could fly away.
Wishing everyone a smooth journey! If you have any questions, feel free to follow me.

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