#AiXBT遭黑客攻击 #美联储3月利率决议 #币安上线BMT
In most cases, Bitcoin is the leader in the fluctuation of the cryptocurrency market. Strong coins like Ethereum sometimes break away from Bitcoin's influence and show independent trends, while altcoins generally cannot escape its impact;
Bitcoin and USDT move in opposite directions. If USDT rises, one should be cautious of a drop in Bitcoin; when Bitcoin rises, it is a suitable time to buy USDT. Between 0:00 and 1:00 AM, there tends to be a phenomenon of price spikes, so domestic crypto enthusiasts can try placing a buy order for their desired coin at a low price before sleep and a sell order at a high price, as it might just get executed while they rest;
Every morning from 6 to 8 AM is a good time to judge whether to buy or sell, and also to assess the day's potential price movements. If it has been declining from 0:00 to 6:00 AM, and continues to drop in this period, it is a buying or averaging down opportunity, and the day is likely to rise. Conversely, if the price has been rising from 0:00 to 6:00 AM and continues to do so, it is a selling opportunity, and the day is likely to fall.
5 PM is an important point of attention according to rumors in the community. Due to time zone differences, American crypto enthusiasts are waking up and getting to work, which may cause price fluctuations. Some significant rises or falls have indeed occurred at this time, so one should pay special attention;
There is a saying in the crypto world about 'Black Friday', as there have been several instances of significant declines on Fridays, but there have also been significant rises or sideways movements, so it is not particularly reliable; just be slightly aware of news.
If a coin with decent trading volume drops, there is no need to worry. Holding onto it with patience will surely lead to a return on investment, in as short as 3-4 days and as long as a month. If you have extra USDT, you can average down in batches to lower the price, which will speed up your return. If you don't have extra money, just wait; you won't be disappointed, unless you really bought I coin;
When doing spot trading, holding the same coin for the long term yields greater returns than frequent trading; it just depends on whether you have the patience to hold. Ultimately, the challenge in making profits is not the strategy but its execution. "When the price has been below the 30-day moving average for three consecutive days, one must decisively liquidate, without any glimmer of hope." This statement has eliminated 80% of people.
