I am 39 years old this year, started trading cryptocurrencies at 31. By 2024-2025, my assets will reach 8 digits. My current life involves watching the market every day and making a few contract trades. When necessary, I lay out a bit of strategy. When I go out, I basically don’t worry about money. My net worth has exceeded 60 million. I share this experience with everyone.
1. In most cases, Bitcoin is the leader of the cryptocurrency market's fluctuations. Strong coins like Ethereum may sometimes break away from Bitcoin's influence and show independent trends, but altcoins generally cannot escape its impact.
2. Bitcoin and USDT move inversely. If USDT rises, be cautious that Bitcoin might fall; when Bitcoin rises, it is the right time to buy USDT.
3. Between 0:00 and 1:00, a pinning phenomenon is likely to occur, so domestic crypto friends can try to place their desired buy price for a coin as low as possible before going to bed and set a sell price as high as possible. You might just make a trade while lying down.
4. Every morning from 6:00 to 8:00 is a crucial time to judge whether to buy or sell, and it is also a time to determine the price trend for the day. If it has been falling from 0:00 to 6:00, and it continues to fall during this period, it is a good time to buy or replenish stocks, and the price will likely rise that day. If it has been rising from 0:00 to 6:00, and it continues to rise during this period, it is a selling opportunity, and the price is likely to fall that day.
5. 5:00 PM is an important point of attention according to rumors in the community. Due to time zone differences, American crypto friends are up and working, which may cause fluctuations in coin prices. Some significant rises or falls have indeed occurred at this time, so be especially vigilant.
6. There is a saying in the crypto world about 'Black Friday.' There have been a few instances of significant drops occurring on Fridays, but there are also cases of significant rises or sideways movements. It’s not particularly reliable, just pay attention to the news.
7. If a coin with a certain trading volume guarantee drops, don’t worry. Patience will ensure you recover your losses. In the short term, it could be 3-4 days, in the long term, a month. If you have extra USDT, you can replenish stocks in batches to lower the price, and recovery will be quicker. If you don't have extra cash, just wait. It won’t disappoint you. Unless you really bought I coin.
8. Holding the same coin for long-term investment with fewer trades yields greater returns than frequent trading. It all depends on your patience to hold. I bought Dogecoin at 0.1 and it has increased more than 20 times since then.
In the past, you walked alone in the dark in the market, now the light is with me, and I keep it shining. Follow Sister Anxin to help you get ashore.
