In these years of trading cryptocurrencies, I went from being heavily in debt after my initial encounters with cryptocurrencies to later rising again with a net worth of tens of millions. To be honest, I've stumbled into all sorts of pitfalls and seen enough of the market makers' tricks. Today, I will lay out seven ironclad rules that I earned through blood and tears — understanding one could save you the tuition of a house; mastering three or more will absolutely crush 99% of the retail investors in the market.

The most important thing in trading cryptocurrencies is to maintain a good mindset; technology comes second.

1. In most cases, BTC is the leader of the crypto world; ETH, a coin of strong quality, may sometimes break away from BTC’s influence and exhibit a unilateral market trend, while altcoins generally cannot escape its impact;

2. BTC and USDT move in opposite directions; if you notice USDT rising, be cautious of BTC falling; when BTC is rising, it’s the right time to enter USDT;

3. Between 0:00 and 1:00 every day, there can easily be spike phenomena, so domestic traders should try to set their desired buy price for coins as low as possible before going to sleep and set their desired sell price as high as possible; you might just make a profit while you sleep;

4. From 6:00 to 8:00 every morning is a critical time to determine whether to enter or exit the market, and it’s also a key moment to assess the day’s potential rise or fall. If it has been declining from 0:00 to 6:00 and continues to decline in this time frame, it’s an opportunity to enter or average down, and it’s likely to rise for the day. Conversely, if it has been rising from 0:00 to 6:00 and continues to rise in this time frame, it’s an exit opportunity, and it will likely fall for the day;

5. 5:00 PM is an important point of interest in the market; due to time zone differences, U.S. traders are waking up and starting their day, which may cause fluctuations in coin prices. Significant rises or falls have indeed occurred at this time, so pay special attention;

6. There is a saying in the crypto world about 'Black Friday,' with a few instances of significant drops coinciding with Fridays, but there are also cases of big rises or sideways movements, so it’s not particularly reliable; just keep an eye on the news;

7. If a coin with a certain trading volume guarantee drops, don’t worry; holding patiently will definitely help you recover your investment. In the short term, it could take 3 to 4 days, and in the long term, a month. If you have extra USDT, buy in batches to bring the average down and recover faster. If you don’t have any balance, just wait; it won’t disappoint you.

The trends in the crypto world are filled with uncertainty and challenges, but they also contain potential opportunities. Investors participating in crypto investments should fully understand the associated risks, remain calm and rational, and respond to market changes with a prudent strategy! #加密市场回调