I am 40 years old, have been trading cryptocurrencies for 10 years, and have grown my investment from a few thousand to eight figures.
I started at 22, and by 2023-2024, my funds surpassed eight figures.
My current lifestyle — I always stay in high-end hotels costing around 2000 yuan, carrying luggage and wearing hats with cryptocurrency symbols. Compared to the older generation who run businesses or do e-commerce, my life is much easier, with no disputes and no worries.
The biggest secret to trading cryptocurrencies is not technology, but mindset.
Over these 10 years, I have summarized a few iron rules:
1️⃣ BTC is the leader.
Most of the time, Bitcoin's rise and fall drives the market; Ethereum occasionally diverges and moves independently, but altcoins generally can't escape its influence.
2️⃣ BTC and USDT are inversely correlated.
When USDT rises, be wary of BTC falling; when BTC rises, it's actually a good time to buy USDT.
3️⃣ Needle insertion at 0-1 AM.
Before going to bed in China, place low buy orders and high sell orders, and you might wake up to profits.
4️⃣ Judging the whole day's trend from 6-8 AM.
If it falls from 0-6 AM and continues to fall from 6-8 AM, it’s likely to rise that day; if it rises from 0-6 AM and continues to rise from 6-8 AM, it’s likely to fall that day.
5️⃣ Be cautious of fluctuations at 5 PM.
When Americans wake up and start working, the market can easily change dramatically.
6️⃣ Pay more attention on Fridays.
“Black Friday” has seen multiple significant drops, but it’s not absolute; watch the news.
7️⃣ Quality coins are not afraid of falling.
Coins with trading volume can break even in as little as 3 days or as long as a month; averaging down can lower costs.
8️⃣ Long-term wins over frequent trading.
Dogecoin bought at 0.089 has increased more than 20 times now.
Trading cryptocurrencies is not about jumping in and out every day, but about understanding trends, controlling your mindset, and waiting for opportunities.
I have rarely stepped into catastrophic pitfalls, not because I am lucky, but because I have always respected the market's rhythm.
If you want to thrive and earn steadily in the cryptocurrency space, remember: mindset first, technique second.
Follow @首席交易大师-小刀 , and I will walk you through my next trading strategy in real-time, turning my 10 years of experience into your opportunity for a turnaround.