I'm 37 this year, started trading crypto at 22, and by 2023-2024, my capital reached 8 figures. Now, when I go out, I definitely check into high-end hotels around 2000 CNY, and my suitcase and hat probably have some crypto symbols on them. It's way more comfortable than what the older generation did in traditional industries or what the post-80s are doing in e-commerce.
I’ve hardly ever had to deal with business disputes, so I’ve got fewer headaches.
The biggest point in crypto trading is having a good mindset; the technicals come second.
1. Most of the time, Bitcoin leads the market's ups and downs. Strong altcoins like Ethereum can sometimes detach from Bitcoin’s influence and have their own trends, but altcoins generally can’t escape its impact;
2. Bitcoin and USDT move inversely; if you see USDT rising, be cautious about Bitcoin dropping. It's a good time to buy USDT when Bitcoin is on the rise;
3. Between 0:00 and 1:00 AM, price spikes are common, so domestic crypto friends can set low buy orders for their desired coins and high sell orders before bed; who knows, you might wake up to some filled orders, just chilling;
4. From 6:00 to 8:00 AM is a key time to decide whether to buy or sell and to assess the day’s potential movements. If the price has been falling from 0:00 to 6:00 AM and continues to drop, it’s a buy or top-up opportunity; it’s likely to rise for the day. Conversely, if it’s been rising during that time, it’s a sell opportunity, and the day will probably see a drop;
5. 5:00 PM is an important time to watch according to the rumors in the crypto community. Due to time zone differences, American traders are waking up, which can trigger price fluctuations. Significant moves have indeed happened around this time, so keep a close eye on it;
6. There’s a saying in crypto about "Black Friday"—there have been a few occasions where Fridays saw major drops, but there have also been big rises or sideways movements, so it’s not particularly reliable; just keep an ear to the ground for news;
7. For spot trading, holding the same coin long-term with fewer trades generally yields better returns than frequent trading. It all depends on whether you have the patience to hold. I bought Dogecoin at 0.089 and it's multiplied over 20 times since then. $BTC
$ETH
$LAB
#以太坊基金会再次向Bitmine出售ETH
I’ve hardly ever had to deal with business disputes, so I’ve got fewer headaches.
The biggest point in crypto trading is having a good mindset; the technicals come second.
1. Most of the time, Bitcoin leads the market's ups and downs. Strong altcoins like Ethereum can sometimes detach from Bitcoin’s influence and have their own trends, but altcoins generally can’t escape its impact;
2. Bitcoin and USDT move inversely; if you see USDT rising, be cautious about Bitcoin dropping. It's a good time to buy USDT when Bitcoin is on the rise;
3. Between 0:00 and 1:00 AM, price spikes are common, so domestic crypto friends can set low buy orders for their desired coins and high sell orders before bed; who knows, you might wake up to some filled orders, just chilling;
4. From 6:00 to 8:00 AM is a key time to decide whether to buy or sell and to assess the day’s potential movements. If the price has been falling from 0:00 to 6:00 AM and continues to drop, it’s a buy or top-up opportunity; it’s likely to rise for the day. Conversely, if it’s been rising during that time, it’s a sell opportunity, and the day will probably see a drop;
5. 5:00 PM is an important time to watch according to the rumors in the crypto community. Due to time zone differences, American traders are waking up, which can trigger price fluctuations. Significant moves have indeed happened around this time, so keep a close eye on it;
6. There’s a saying in crypto about "Black Friday"—there have been a few occasions where Fridays saw major drops, but there have also been big rises or sideways movements, so it’s not particularly reliable; just keep an ear to the ground for news;
7. For spot trading, holding the same coin long-term with fewer trades generally yields better returns than frequent trading. It all depends on whether you have the patience to hold. I bought Dogecoin at 0.089 and it's multiplied over 20 times since then. $BTC
$ETH
$LAB
#以太坊基金会再次向Bitmine出售ETH
