The biggest point of trading cryptocurrencies is having a good mindset; technical skills are secondary.

1. In most cases, Bitcoin is the leader of the cryptocurrency market's rise and fall. Strongly performing coins like Ethereum can sometimes break away from Bitcoin's influence and enter a unilateral trend, but altcoins generally cannot escape its impact;

2. Bitcoin and USDT move in opposite directions. If you find that USDT has risen, be alert for a drop in Bitcoin; when Bitcoin rises, it's a suitable time to buy USDT;

3. Between 0:00 and 1:00 every day, there is a tendency for price spikes, so domestic cryptocurrency enthusiasts can try to place a low buy order for their desired coin before going to bed and a high sell order, as it might just execute while they are sleeping;

4. The time between 6:00 and 8:00 every morning is a moment to judge whether to buy or sell, and also a point to assess the day's rise or fall. If it has been falling from 0:00 to 6:00 and continues to drop during this period, it’s a buying or averaging opportunity, and the day will likely rise. Conversely, if it has been rising from 0:00 to 6:00 and continues to climb, it’s a selling opportunity, and the day will likely fall;

5. 5:00 PM is an important point of interest according to rumors in the trading community. Due to time zone differences, American traders are waking up and starting their work, which may cause fluctuations in coin prices. Notable rises or falls have indeed occurred at this time, so pay special attention;

6. There is a saying in the cryptocurrency world about 'Black Friday.' There have been several instances of significant drops occurring on Fridays, but there have also been significant rises or sideways movements, so it’s not particularly reliable, just pay a bit of attention to the news;

7. If a coin with a certain trading volume guarantee drops, there’s no need to worry. Patience in holding will definitely lead to a return on investment, ranging from 3 to 4 days for short-term to a month for long-term. If you have extra USDT, average down by buying in batches to lower the price; you’ll return to profit faster. If you don’t have spare cash, just wait; it won’t let you down. Unless you really bought an 'I' coin;

8. For spot trading, holding the same coin long-term with less frequent trading will yield greater returns than frequent trading, depending on whether you have the patience to hold.

In the end, the challenge of making a profit is not the strategy, but its implementation. 'When the coin price has been below the 30-day moving average for three consecutive days, you must decisively liquidate your position and not harbor any illusions.' Just this sentence has eliminated 80% of the people.