In the years of trading cryptocurrencies, I went from being heavily in debt after my initial foray into crypto to later rising again with a net worth of tens of millions. To be honest, during this time, I have been through many pitfalls and have seen enough of the schemes of market makers. Today, I will lay out seven iron rules earned through blood and tears — understand one rule, save a down payment for a house; achieve more than three, and you will absolutely crush 99% of the retail investors in the market.

The most important aspect of trading cryptocurrencies is having the right mindset; technical skills come second.

1. In most cases, BTC is the leader of the crypto market, and ETH, which is a strong coin, may sometimes break away from BTC's influence and move in a unilateral trend; altcoins generally cannot escape its influence;

2. BTC and USDT move in opposite directions. If you notice that USDT is rising, be wary that BTC may fall; when BTC is rising, it is a suitable time to enter USDT;

3. Between 0:00 and 1:00 AM, there is a tendency for price spikes, so domestic crypto friends can try to place buy orders for their desired coins at a low price before going to bed and set high sell orders; you might just make a profit while you sleep;

4. Every morning between 6:00 and 8:00 AM is a critical time to determine whether to enter or exit the market, as well as to assess the day's potential rise or fall. If it has been falling from 0:00 to 6:00 AM, it is likely to continue falling during this period, making it a time to buy or average down; the day will likely rise. Conversely, if it has been rising from 0:00 to 6:00 AM, it is likely to continue rising, making it an exit opportunity, and the day will likely fall;

5. 5:00 PM is an important time to pay attention to market rumors. Due to time zone differences, American crypto friends will be waking up and starting their work, which may cause fluctuations in coin prices. Significant rises or falls have indeed occurred at this time, so be particularly vigilant;

6. There is a saying in the crypto world about 'Black Friday,' with a few instances of significant falls coincidentally occurring on Fridays, but there are also instances of significant rises or sideways movements. This isn't particularly reliable; just pay some attention to the news;

7. If a coin with a certain trading volume guarantee falls, there is no need to worry; holding patiently will certainly bring you back to breakeven, in as short as 3-4 days or as long as a month. If you have surplus USDT, enter in batches as it dips to speed up your recovery. If you don't have a balance, just wait; you won't be disappointed.

The trends in the crypto market 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!