To grow in the crypto space, it truly requires learning. Many newcomers lose money as soon as they enter, and ultimately, it comes down to their understanding not keeping pace. Don’t always think about taking it slow; once your own capital is lost, it will all be too late.
Over the years, I have accumulated some experience, and my deepest realization is that, in the end, mentality is more important than technology when trading coins. Technology can be learned, but if your mindset breaks down, everything will fall apart.
Regarding operations, I have a few experiences of my own that you can refer to:
First, it is important to understand that, in most cases, Bitcoin is the market's weather vane. Ethereum, being a fundamentally strong coin, may occasionally have independent market movements, but most altcoins cannot escape the influence of Bitcoin.
The prices of Bitcoin and stablecoins like USDT are usually inversely related. If you feel that the price of USDT has risen, it is often a signal that Bitcoin is falling. Conversely, when Bitcoin rises, it is a good time to exchange for a bit of USDT.
There are also some patterns in the timing. From midnight to 1 AM every day, there is a tendency for sudden price spikes. So, before going to bed, it might be a good idea to place two orders: one at a very low desired buy price and another at a very high sell price. You might wake up to find that the orders have been executed, which would be a chance to earn passively.
The time period from 6 AM to 8 AM is very important; it often determines the tone for the day. If the market has been falling in the first half of the night and continues to fall at this point, it is usually a time to buy or add to your position, as there is a high probability that it will rise back during the day. Conversely, if it has been rising in the first half of the night and continues to rise in the morning, then consider reducing your position, as the likelihood of a correction during the day is relatively high.
Pay special attention at 5 PM because European and American traders are becoming active, and market fluctuations often increase. Many major market reversals occur during this time.
In addition, there is a saying in the crypto circle about Black Friday. There have indeed been several significant drops on Fridays, but it is not absolute; sometimes it also rises. Just pay a little more attention to the news.
Finally, if you hold coins that have real trading volume and are not just air, there is no need to panic if they drop. Hold onto them; there is a high probability they will recover, quickly within three to four days, or slowly over a month. If you still have extra money, you can buy a little bit in batches to lower your cost, which will help you break even faster. If you don’t have extra money, just be patient and wait; the market won't disappoint you; the key is to hold on.
These experiences may not always be correct, as the market is constantly changing. However, with these basic understandings and observations, at least you won't be like a headless chicken running around. Gradually experience it, keep learning, and your judgment will become more accurate.
Follow Lao Zhang to avoid getting lost!@老张趋势 
