At 28, I dove into the crypto market with my only savings, spending the first four years 'filling pits' — following the crowd into vaporware projects and losing money to the point of having instant noodles at night, copying so-called 'masters' work and getting stuck to the point of doubting life. At my worst, credit card bills piled up like mountains, and I had to rely on my family for rent. My elders advised me to focus on solid industries and e-commerce, saying 'what you can see and touch is reliable', but I refused to believe it: the opportunities in the crypto market are explosive; as long as you find the right rhythm, it may not be worse than traditional tracks.
Until 2023-2024, I can truly say I have 'got it', my account has finally broken the eight-digit mark, and I've completely said goodbye to debt. Now when I go out, I only look at experience, not price; staying in a five-star hotel for two thousand a night feels completely justified. The small items I carry all hide 'codes' from the crypto circle, which fellow travelers can understand at a glance — this freedom, which does not require watching the supply chain or urging payment, is what I've earned after countless sleepless nights.
As a practical crypto analyst with 6 years of experience, I won’t hold back today and will share genuine actionable insights that can land, particularly suited for friends still in the trenches:
1. The core anchor point is always the 'major player', don’t treat altcoins as the main force
The underlying logic of the crypto market has never changed: major players are the indicators. When they stabilize, other varieties have the opportunity to perform; when they drop, even the strongest altcoins can't escape correction. Occasionally, mainstream coins can develop independent trends, but never bet on altcoins resisting downturns—I learned the hard way from 'buying altcoins when the leader drops', and the outcome was that the leader rebounded while the altcoins remained flat on the floor.
2. The 'Seesaw Principle' of stablecoins and major players, learn to take profits
The relationship between stablecoins and major players is very subtle: when stablecoins continue to strengthen, it indicates that market funds are seeking safety, and you should be wary of corrections in major players; conversely, when major players are rising wildly and continuously breaking through key levels, remember to gradually exchange into stablecoins to secure profits—don’t be greedy by 'selling at the highest point'. Being able to secure most of the profits makes you a winner. I avoided three major corrections last year using this strategy, preserving most of my gains.
3. Focus on three key time periods, picking up bargains and avoiding pitfalls all happen here
The volatility in the crypto market is not random; these three time periods must be closely monitored:
Midnight 0-1 AM: Easily sees short-term sharp rises and falls, you can set reasonable limit orders before sleeping. If you're lucky, you might catch a surprise, but definitely don’t go in heavy.
Early 6-8 AM: Often sets the overall trend for the day. If there was a drop the previous night and it continues to drop during this period, you can add to your position with a small amount to lower your average cost; if there was a strong upward trend the previous night, quickly reduce your position during this time when it rises, don’t wait for a correction.
After 5 PM: Overseas funds start to concentrate, volatility will increase significantly. At this time, don’t blindly open new positions, watch more and act less, wait for the trend to clarify before taking action.
4. Mindset is 1, technique is 0; patience is worth more than skill
Many people ask me for the 'secret to trading coins', and it's actually just two words: mindset. I bought a popular meme coin at 0.085, went through three halving events, and despite friends advising me to cut losses, I stubbornly held on until now, resulting in over 20 times returns—it's not that I'm stubborn, but I believe in its real trading volume and application scenarios, not a pure vapor project.
Remember: As long as the asset has actual value and stable trading volume, don't panic when it drops. Either average down by buying in batches or hold patiently; but if it's a vapor project with no landing or trading volume, cut losses quickly when it drops, and don't cling to the fantasy of 'buying the dip'.
Lastly, let me say something heartfelt:
The crypto market has never been a 'get-rich-quick' casino, but rather a stage for 'cognitive monetization'. I have seen too many people earn money through luck, only to lose it back through skill; I have also seen many ordinary people slowly explore and achieve a comeback through steady progress. Fast alone, far together—find the right direction and follow a reliable rhythm, getting on land isn't that hard.
Next, I will continue to share real-time market breakdowns, position management tips, and guides to avoid the 'pits' I've encountered—follow me, and together we can profit steadily in the crypto space! After all, on the road to making money, having company makes the journey longer! Have you encountered any assets you're unsure about recently? Let's chat in the comments, and I’ll help you analyze the underlying logic!
