Eight Key Points for Retail Investors in Cryptocurrency Trading, Recommended to Bookmark!
If you want to survive and thrive in the crypto world, relying solely on luck is not enough. The following eight points are the core experiences I have accumulated over the years👇
1️⃣ Keep an Eye on BTC Trends
Bitcoin is the barometer of the entire cryptocurrency market, especially having a huge impact on altcoins. If you don’t understand BTC, you won’t understand the overall situation.
2️⃣ Pay Attention to USDT Flow
When USDT rises, it often indicates that Bitcoin will drop; when Bitcoin rises, it may mean that the main players are exchanging coins with USDT. You must understand the logic behind this.
3️⃣ Don’t Miss the “Spike” Period in the Early Morning
From 0:00 to 1:00 every day, the market can suddenly fluctuate. You can place orders in advance to “pick up bargains” or “flash sell,” and sometimes you can receive unexpected surprises.
4️⃣ Morning Trading Sets the Tone
From 6:00 to 8:00 every morning is a golden window to observe the direction of the day. A sharp drop may lead to a rebound, while continuous rises could signal a peak.
5️⃣ Be Aware of Fluctuations at 5 PM
As the U.S. market opens, main capital often enters at this time. Many significant market movements hide at this moment.
6️⃣ Beware of “Black Friday”
Every Friday, volatility is extremely high. It’s either a sharp drop or a sudden surge, so remember to pay attention to news and market structure in advance.
7️⃣ External News is a Core Variable
If you only look at K-lines and ignore the news, you will eventually suffer huge losses. One tweet from Musk or an interest rate hike could cause you to be liquidated.
8️⃣ Mindset is More Critical than Skills
Stay calm during sharp drops and grounded during rapid rises. Those who truly make money are the ones who “know when to take profits.”
Trading cryptocurrencies is not a one or two-day affair; I wish you to slowly grow from a “small retail investor” to a “veteran”!
There is a saying on Wall Street:
In a bull market, you make money; in a bear market, you gain experience; in a sideways market, you learn lessons. If you really want to survive long-term in the crypto world, relying solely on technology is far from enough.
What you need is a system, discipline, and the cultivation of anti-human nature!
Follow the Buddha! Are you ready?
