I am 33 years old this year. I started trading cryptocurrencies at 23. From 2017 to 2025, my assets reached eight figures. I have hardly experienced any business disputes, and I have fewer worries. I am patient enough to summarize my insights. The most important point in cryptocurrency trading is having a good mindset, while the technical aspects are secondary.
1. In most cases, Bitcoin leads the rise and fall in the cryptocurrency market. Strong coins like Ethereum may sometimes move independently of Bitcoin, but altcoins generally cannot escape its influence;
2. Bitcoin and USDT move in opposite directions. If you notice that USDT has risen, be wary that Bitcoin may fall; when Bitcoin rises, it is a suitable time to buy USDT;
3. Between 12:00 AM and 1:00 AM, the phenomenon of price spikes can easily occur. Therefore, domestic cryptocurrency friends can set a buy order for their desired coins as low as possible before going to bed and a selling price as high as possible; you might just get a deal while sleeping;
4. The time between 6:00 AM and 8:00 AM is a key moment for judging whether to buy or sell, as well as for assessing the day's price movements. If the price has been falling from 12:00 AM to 6:00 AM and continues to fall during this period, it is a good time to buy or average down, and the price is likely to rise for the day. Conversely, if the price has been rising during this period, it is a selling opportunity, and the price is likely to drop for the day;
5. 5:00 PM is an important time to pay attention to. Due to time zone differences, American cryptocurrency friends are waking up and starting their work, which may cause price fluctuations. Some significant rises or falls have indeed occurred at this time, so be especially attentive;
6. There is a saying in the cryptocurrency world about "Black Friday," with a few instances of significant drops happening on Fridays, but there are also cases of significant rises or sideways movements, so it's not particularly accurate; just pay attention to the news;
7. If a coin with a certain trading volume guarantee falls, don't worry; patience will ensure that you recover your investment. It may take as short as 3 or 4 days, or as long as a month. If you have extra USDT, average down in batches to bring the price down, and you'll recover faster. If you don't have extra money, just be patient; it won't let you down—unless you really bought into a problematic coin;
8. Holding the same coin for the long term in spot trading with less frequent trading yields greater returns than frequent trading, depending on whether you have the patience to hold. I bought Dogecoin at 0.1, and it has multiplied over 20 times by now💡 The wealth code of the future often lies in the gaps of cognition—trends come first, and layouts follow!
