Mastering the Crypto Market's Six Key Principles, A Must-Read for Newbies! 🚀

To navigate the turbulent seas of the crypto market, you need to master the following six rules:

1. Understand Timing and Act Accordingly

The pulse of the crypto market is closely linked to the global financial market. The trading hours in the United States and Europe (9:30 PM – 7:30 AM Beijing Time) are often the moments of the most intense market fluctuations. Adjust your schedule to capture fleeting opportunities.

2. See Through Illusions and Go with the Flow

Daily price fluctuations often reverse after the Western markets open, while daytime rises may undergo corrections at night. Insight into these patterns is essential to grasp market rhythm and act accordingly.

3. Understand Candlestick Charts and Gain Insight

Long upper or lower shadows in candlestick charts are often signals of traps set by market makers, indicating an impending reversal. Learning to interpret these signals allows for precise timing in buying and selling, avoiding becoming prey to market makers.

4. Stay Away from the Noise and Think Independently

When a certain altcoin becomes a hot topic on the streets, it often means it has turned into a high-risk asset. When FOMO spreads through the market, it's even more crucial to remain calm, think independently, and avoid blindly following the crowd.

5. Control Risks and Seek Steady Wins

Heavy trading is akin to dancing on the edge of a knife; a slight misstep can lead to total loss. Maintain light positions, diversify investment risks, and lock in profits in stages to survive long-term in the market.

6. Stay Calm and Make Rational Decisions 🧘

When the market is in a frenzy and everyone is shouting, "The bull market is here!", it is often the most dangerous time. Emotional trading is the cardinal sin of investing; staying calm and making rational decisions helps avoid losses and seize real opportunities.

💡 Mindset Formula: Patience + Discipline = Survival. 80% of the crypto market is manipulation; only by staying sharp and rational can one thrive in this arena.

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