In the cryptocurrency circle, the core is summed up in one sentence: if your understanding is inadequate, the harder you work, the more you lose.
Newcomers often lose money right away, it's not that the market is harsh, but rather that the methods are wrong. By the time you want to learn slowly, your capital has already been consumed by the market.
The logic for actually making money is quite simple. $FHE
$WET In trading cryptocurrencies, first focus on your mindset, then on your skills.
Remember these 7 points:
1️⃣ BTC is the metronome of the entire market: most altcoins ultimately follow BTC.
2️⃣ BTC and USDT are mostly inversely correlated: if U strengthens, be cautious of BTC's pullback; if BTC rises, remember to exchange U to lock in profits.
3️⃣ 0–1 o'clock is easy to find opportunities: set very low buy and very high sell orders before sleeping, you might catch some market movements for free.
4️⃣ 6–8 o'clock determines the day's direction: if it drops in the early morning → continues to drop in the morning, it's likely an opportunity; if it rises in the early morning → continues to rise in the morning, it's often a peak.
5️⃣ Pay special attention at 5 PM: the US market starts, and volatility often begins here.
6️⃣ Don't be superstitious on Fridays: sometimes it drops, sometimes it rises, just pay attention to the news.
7️⃣ For coins with volume, don't panic when they drop $GUN
It's a matter of time, either buy in batches or wait patiently. The cryptocurrency market is not short of opportunities, but it lacks those who make fewer mistakes.
