I am 37 years old this year, started trading cryptocurrencies at 28, and by 2025 my trading will reach 8 figures. My current lifestyle requires me to stay in high-end hotels costing around 3000 yuan, and my suitcase and hat might carry cryptocurrency symbols! I have hardly experienced any disputes in business dealings, and I have fewer worries.

I have the patience to summarize my insights; the most important aspect of trading cryptocurrencies is having a good mindset, while technical skills come second.

1. In most cases, Bitcoin is the leader of the cryptocurrency market fluctuations. Strong-quality 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 USDT rising, be cautious of Bitcoin falling; when Bitcoin rises, it is a suitable time to buy USDT; #币安Alpha上新

3. Between 0:00 and 1:00 AM, there is a tendency for price spikes, so domestic cryptocurrency friends can place a buy order for their desired coin at a low price before going to sleep and set a sell order at a high price; who knows, it might get executed while you’re resting;

4. The period between 6:00 and 8:00 AM is a good time to judge whether to buy or sell and to assess the day's potential price movements. If the price has been falling from 0:00 to 6:00 AM, and it continues to fall during that time, it is a good opportunity to buy or average down, indicating that the day will likely rise. Conversely, if the price has been rising during that time, it suggests a selling opportunity, and the day will likely fall;

5. 5:00 PM is an important point of focus according to rumors in the community, due to time zone differences. American cryptocurrency friends will be waking up to start their day, which may trigger price fluctuations. Significant rises or falls have indeed happened at this time, so be particularly attentive; #MichaelSaylor暗示增持BTC

6. There is a saying in the cryptocurrency community about 'Black Friday,' as there have been several instances of significant drops coinciding with Fridays, but there have also been large rises or sideways movements, so it is not particularly reliable, just keep an eye on the news; #BTC

7. If a coin with a certain trading volume assurance falls, there’s no need to worry. Holding patiently will definitely lead to recovery, whether it takes 3-4 days for short-term or a month for long-term. If you have extra USDT, you can average down in batches to bring the price down; recovery will be quicker. If you don’t have spare cash, just wait. It won’t let you down, unless you really bought an I coin; #ETH

8. Holding the same coin for long-term in spot trading with fewer transactions yields greater returns than frequent trading. It all depends on your patience to hold. I bought Dogecoin at 0.1 and it has multiplied more than 20 times since then.