It has been seven years since I experienced the hardships of squeezing into the subway and clocking in; whenever I mention this, people tend to think I've won the lottery. In fact, seven years ago, I had the last 3200 yuan from my career as a waitress in my pocket, like holding onto a life-saving pill, and I dove into the still largely unknown cryptocurrency market just because I heard that the market here could go crazy, with the principal doubling in a day.
Looking back now, I remember that at first I had to ponder over tutorials for half the night just to figure out how to install a digital wallet. Later, I would be awakened in the middle of the night by text messages about account fluctuations, my heart racing as I stared at the screen watching my position 'evaporate'. Now, every morning I sit on the balcony watching the sea for a bit, leisurely opening the trading software and sipping tea. Surviving this journey isn't due to any exclusive insider information or some 'secret' derived from analyzing K-line charts; it's simply because of those three words: 'live long'. While others see only the temptation of 'getting rich overnight', I only see the bottom line of 'preserving the principal'; when others panic and cut losses in a market crash, I instead calm down to research and find the right opportunity to quietly buy the dip. The insights I've gained from four years of hands-on experience have helped me withstand three rounds of market fluctuations, and I can still stay stable in this circle. Today, I want to share my thoughts with you all.
First, it’s important to understand that there is only one 'big brother' in the market—the leading cryptocurrency of the mainstream coins. Most of the other diverse coins are just little brothers following the 'big brother'. Its trend is like a barometer for the market; as soon as it drops, the whole market is likely to 'cool down', and even the air feels cold. But if it starts to rise, even the previously unnoticed small coins might also get a lift. So don't treat it as an ordinary asset casually; before considering other coins, first check if its trend is stable and its direction clear. Following the 'big brother' will at least help you avoid stepping on big mines.
Secondly, the premium situation of stablecoins is an extremely practical reverse signal. If you find that the premium of stablecoins exceeds 3%, you have to be cautious, as this often means that many big players are quietly withdrawing their investments, and a short-term correction is very likely to happen. At this time, don't rush in mindlessly to become a 'bag holder'; conversely, if the premium turns negative, it indicates that many bottom-fishing funds are already queuing up to enter the market, and the market may soon become active. Relying on this trick, I avoided two significant drops that made many people cry out in despair; I still feel fortunate when I think back to it.
Another little trick to make some small money is to make use of the 'special time period' in the early morning. From 12 AM to 1 AM, the market's liquidity is at its lowest, and there are often sudden fluctuations of around 1%. This is a good opportunity to earn some 'pocket money'. Every night before going to bed, I place grid orders around a ±2% range, then simply turn off the network and sleep soundly. When I wake up in the morning and check my phone, I often find that I can earn enough for a nice breakfast. Although it’s not a big profit, it adds up over time and brings some small surprises to the otherwise dull staring at the market.
Lastly, pay attention to the characteristics of the market at different times. From 6 AM to 8 AM is the Asian time zone, and the market trends during this time can generally determine the rough direction for the day, which I call 'setting the tone'. After 5 PM, the American time zone becomes active, and market fluctuations will significantly increase; this is the real 'opportunity window'. I once tried to rush to operate right when the market opened, but often missed the rhythm. Later, I changed my strategy to just observe in the first half of the session to gauge the market's temperament, and then make moves in the second half, which increased my win rate by directly 30%, and I also stepped into pits much less often.
To be honest, these techniques can be learned by anyone with a little time to study, but the real difficulty lies in maintaining a good mindset. Over the past seven years, I have meticulously recorded every loss in my notebook, from the reasons for the losses to the coping strategies, writing them down clearly. Only later did I realize that the fluctuations of the account curve and the maturity of the mindset have always risen in sync. The larger the losses you can endure, the greater the profits you can catch.
Now I don't have to look at other people's faces for my salary anymore, and I don't have to be squeezed like a sardine in the morning rush subway. I can arrange my time freely and slowly enjoy life. I know there are still many people struggling in the sea of 'working' and many others stumbling in the cryptocurrency market. But please believe, as long as you find the right method and stabilize your mindset, one day we will all be able to gently cross 'working' off the list of life’s necessities.
Lastly, I want to ask everyone, have you encountered any impressive 'pits' or 'little luck' in the market? Let's chat about your experiences in the comments section. Follow me for more practical insights to help us steadily make money in the market and achieve time freedom sooner!
