$pippin
In the cryptocurrency world, the most crucial thing is to keep learning.
Why do newcomers lose money as soon as they start? It's because their understanding is insufficient and their methods are wrong.
Don't always think about slowly exploring; by the time your capital is worn out by the market, it will be too late.
I will simply share with you the insights I've gained from making a lot of money over the years. $FHE
The most important thing in trading is mindset, and then comes the technique.
1. BTC is the conductor of the entire market's rhythm.
Strong mainstream coins like ETH can occasionally move independently, but most altcoins cannot avoid following BTC's direction.
2. BTC and USDT are mostly inversely correlated.
When you see U clearly strengthening, be aware that BTC might go down.
And when BTC is on the rise, it is often a good time to exchange for U.
3. Between 0–1 AM, it's easy to see 'pins'.
Place a very low buy order and a very high sell order before going to bed; you might wake up to find that they have been executed, which is like picking up leaks while lying down.
4. The window for judging the direction of the day is between 6–8 AM.
If it drops continuously from 0–6 AM, it usually continues to fall during this time, which is often a replenishment/entry opportunity, and most likely the market will rise that day.
Conversely, if it rises continuously from 0–6 AM, and it is still rising during this period, it is basically a high point area, and there is a high probability of a drop that day.
5. Pay special attention at 5 PM.
The activities start in the US around this time, and this often brings unexpected fluctuations; many significant rises and falls occur during this period.
6. 'Black Friday' may occasionally come true, but it is not a hard-and-fast rule.
Fridays can sometimes fall, sometimes rise, and sometimes trend sideways; just pay a little attention to the news.
7. Don’t panic if a coin with trading volume support drops.
Most will come back, some in three to four days, others in a month.
If you have excess U, you can buy in batches to lower the cost; if you don’t have U, just be patient, it generally won’t disappoint you.