**Ten years of ups and downs in the cryptocurrency world, I finally got my life in order**
At 22, I naively stepped into the crypto space. Now, at 32, after experiencing the cycles of bull and bear markets, I finally made a breakthrough in 2023-2024, with my account first reaching an eight-digit figure.
Nowadays, when I travel, I prefer to stay in hotels at the two-thousand yuan level, and my suitcase and hat often feature designs with cryptocurrency logos. Compared to my elders in traditional industries and the post-80s engaged in e-commerce, my life feels particularly relaxed—I don’t have to deal with contract disputes, closely monitor supply chains, or navigate the various complications of the business world, resulting in far fewer worries.
People often ask me for the secret to trading cryptocurrencies; I believe mindset is more important than technique. Over the years, I’ve summarized some rules that I’d like to share:
$BTC is the benchmark for the cryptocurrency market, with overall rises and falls primarily led by it. Mainstream coins like Ethereum sometimes manage to have independent market trends, but altcoins are entirely affected by Bitcoin's movements.
There is a clear negative correlation between $BTC and USDT: when USDT rises, be cautious of Bitcoin falling; when Bitcoin surges, it’s a good time to accumulate USDT.
Domestic investors should pay special attention to two time periods: from midnight to 1 AM, where "spike" trends are common; setting low buy and high sell orders before sleep can often yield unexpected gains; from 6 AM to 8 AM is a critical period for determining the day's trend—if there’s a drop from midnight to 6 AM and it continues to decline in these two hours, it’s advisable to buy decisively or supplement holdings, as a rebound is likely that day; if there was an increase during the early night and these two hours continue to rise, then it’s best to sell promptly, as a correction is likely that day.
The 5 PM period also requires close attention. Due to time zone differences, American investors become active, and the market can experience significant volatility, with many sharp rises and falls occurring at this time.
The notion of "Black Friday" is not entirely accurate. While there have indeed been instances of significant drops on Fridays, there have also been many occurrences of rises and consolidations; the key is to analyze the news context and not to panic excessively.
The most practical advice: as long as it's not a worthless coin, don’t panic if any coin with trading volume drops. Hold patiently, and within a few days to a month, you’ll likely break even. If you have idle funds, you can gradually supplement your holdings to lower costs; if you have no spare funds, just hold firm, and you absolutely won’t go wrong. #币安Alpha上新