Not long ago, a brother from my hometown just bought a car, and one day he gave me a ride while I was running errands.
He just got his driver's license not long ago, and on this journey, he was both nervous and excited, often suddenly speeding up to ask me how it felt, playing super loud music, and experiencing severe road rage, wanting to teach others a lesson whenever they broke the rules.
I seem to see the novice me from back then.
I suddenly feel a bit emotional; in fact, every industry has different levels of mindset.
If a person drives for a long time, they become steadier, tending towards being conservative. They rarely experience road rage because they've seen so much and are used to it. They let others go when necessary and often find it boring...
Trading is similar. Core keywords: mindset first, technique second! I hope this inspires everyone! 💡
1️⃣ BTC is the boss, ETH occasionally 'flies solo'
The crypto world is like a vast river; BTC is the big brother, its trends generally set the tone for the entire market! ETH is a hardcore player, occasionally breaking free from BTC's influence and creating its own market. Other smaller coins mostly have to follow BTC's lead. 😉
💡 Tips: Pay attention to BTC's movements; it can help you catch the big trends!
2️⃣ The 'seesaw' between BTC and USDT
BTC and USDT often move in opposite directions. If USDT rises, BTC may correct; when BTC rises, USDT might drop.
💡 Tips: Observing the relationship between the two and finding the right rhythm is very important!
3️⃣ The 'pin' opportunity from 12 AM to 1 AM
Every day from 12 AM to 1 AM, the market is prone to sudden fluctuations (known in the industry as 'pin'). Before sleeping, you might try placing an order at a desired price; you might wake up to a surprise! 😴
💡 Tips: Don't be too greedy, set reasonable goals, and earn steadily!
4️⃣ The 'critical window' from 6-8 AM
The time between 6-8 AM is a good time for observation! If it has been dropping from 0 to 6 AM and continues to drop, there may be a rebound that day; if it has been rising and continues to rise, be cautious of a correction.
💡 Tips: Wake up early to check the market, assess the day's trend, and you'll achieve more with less effort!
5️⃣ The 'American time' at 5 PM
At 5 PM (local time), the US begins to be active, and there might be some market fluctuations. Historically, some significant rises and falls have indeed occurred during this time, so it's worth keeping an eye on!
💡 Tips: Pay attention to news and be prepared in advance!
6️⃣ 'Black Friday'? Don't be too superstitious
In the crypto world, there is talk of 'Black Friday'; while some Fridays do experience significant drops, there are also times of big rises or stability. Don't be scared by rumors; the news is more important!
💡 Tips: Make rational judgments and don't get carried away by emotions.
7️⃣ Don't panic when it drops, patience is key!
As long as it's a coin with stable trading volume, there's no need to fear a drop; holding patiently will eventually lead to recovery! It could be a few days or up to a month, and operating in batches can speed up recovery.
💡 Tips: Stay calm, time is your friend! ⏳
8️⃣ Hold onto spot trades, avoid excessive maneuvering
The essence of spot trading is: hold patiently! Frequent operations may yield less profit than holding in the long term. Choose the right coin, hold steady, and the returns will surprise you! 🚀
💡 Tips: Look at the market less, enjoy life more, and profits will naturally come!
Mindset is the way! 🧘♂️
What tests the crypto world the most is mindset! Don't be greedy when it rises, and don't panic when it drops. Find your own rhythm to go further. Technique and strategy are aids; a calm mind is the core!
Does anyone have small experiences in the crypto world to share? Feel free to share in the comments! 📬 I also wish everyone can find their own rhythm in crypto and earn steadily!
