After 8 years of "not working in the right industry", I turned a few thousand into an eight-figure sum with the help of eight alarms.
In 2017, I entered the market with just a few thousand, and now my wallet is a cold eight-figure sum. My friends laugh at me for not working in the right industry, but I just reply: Only those who set alarms can enjoy the full attendance benefits.
After 8 years of countless pitfalls, I have summarized eight key points to share with you. If you can wake up early, you can increase your meals.
1️⃣ BTC is the leader
CMC data: BTC market cap accounts for 62%. When it drops, the market follows suit; the rest are just dancing partners. I only pay attention to the leader's expression, except for ETH and SOL; small coins are like lottery tickets.
2️⃣ Time zone rules
Asian markets often drop in the afternoon, while New York markets love to rebound at night.
Last year, I hit a 100% success rate with four instances of "daytime drops - late-night rebounds"; I turn off my phone during the day to ensure sleep.
3️⃣ Midnight spike from 12-1 AM
Liquidity is only an average of 40% left; a 3% fluctuation can trigger a liquidation in seconds.
Going to bed early allows me to widen my stop-loss by 2%; otherwise, a spike can send you to the rooftop.
4️⃣ Early morning 6-8 AM indicators
A drop in the early morning + continuation of the drop in the morning = 68% rebound probability; a rise in the early morning + further rise in the morning = short-term peak.
Set your alarm to watch these two hours; spend the rest of the time with the kids.
5️⃣ 5 PM US market opening
CME futures often make a splash at opening; this year on "Black Friday" at 5:05 PM, it exploded with 1.8 billion USDT, BTC fluctuated 4%. I set my orders, had dinner, and watched the show.
6️⃣ Don't bet on direction on Fridays
News accumulation amplifies volatility; I reduce my position by half and tighten my stop-loss, not guessing the rise or fall but betting on survival.
7️⃣ If there's volume, you can recover
Coins with daily trading volume > 5 million USDT, don't be afraid of a drop.
After the FTT crash, I averaged down at 0.8 in three batches and sold at 1.7 in two weeks, recovering 60%.
8️⃣ Avoid excessive trading with spot
Exchange annual reports: high-frequency users have an annualized return of -23%, while positions held for > 90 days have +41%.
I have my "control your hands" written as a screensaver; doubling down relies on being passive.
Set your alarms, protect your capital for the next sunrise; an eight-figure sum can turn from cold to hot.
Those who can survive in the market and still earn are always the ones who dare to reach out first.
Are you ready? @bit福多多
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