Here are some key points for retail investors in the cryptocurrency circle to share with you!

1. Keep a close eye on the trend of Bitcoin

In the cryptocurrency circle, Bitcoin often leads the ups and downs. Although Ethereum is sometimes strong and can go out of an independent market, most altcoins are affected by it.

2. Pay attention to the relationship between Bitcoin and USDT

Bitcoin and USDT often move in opposite directions. When USDT rises, you need to be alert to the decline of Bitcoin. When Bitcoin rises, it is an opportunity to buy USDT. 3. Grasp the trading opportunity in the early morning

From 0 to 1 o'clock every day, it is easy to see the phenomenon of pin insertion. Domestic currency friends can set the buying price of the favorite currency at a low price before going to bed, and the selling price at a high price, or there may be a surprise transaction, making it easy to make a profit.

4. Observe the rise and fall trend in the early morning

Every morning from 6 to 8 o'clock is the key period for judging whether to buy or sell. If it continues to fall from 0 to 6 o'clock, it is still falling at this time. It is advisable to buy or cover the position, and it will rise more on the same day; if it continues to rise, it is still rising at this time, it is advisable to sell, and it is likely to fall on the same day.

5. Pay attention to the fluctuation time in the afternoon

Pay special attention to 5 pm. Due to the time difference, American currency friends start to operate, which may cause the currency price to fluctuate. Many big rises and falls occur here.

6. Be careful of "Black Friday"

There is a saying of "Black Friday" in the currency circle. Although there is a big drop on Friday, there are also big rises or sideways. Just pay attention to the news. 7. Be patient with falling currencies

If a currency with a certain trading volume falls, don't worry. Patiently hold it and you can get your money back. It can be as short as 3 or 4 days or as long as one month. If you have extra money, you can cover your position in batches to speed up your return. Unless it is a junk coin.

8. Stick to long-term spot trading

For spot trading, long-term holding of the same currency and less trading often yields more than frequent trading. It depends on whether you have patience.

9. Pay attention to external factors

The turbulence in the currency circle is affected by many factors, such as the attitude of various countries towards cryptocurrencies, which will fall if they are negative; US financial policies; the views of bigwigs on cryptocurrencies, such as Musk's remarks. Pay attention to financial news.

10. Maintain a good mentality for cryptocurrency trading

The mentality for cryptocurrency trading is crucial. Don’t panic when the price drops sharply, don’t be arrogant when the price rises sharply, and take the profits and be safe. #本周美国将公布PCE、GDP数据 #加密市场反弹 #美联储宣布降息50个基点