For ordinary people, making a fortune in the crypto world isn't as mystical as it seems.
Many people enter the market dreaming of getting rich quick, but over time you'll find that:
Those who survive are those who have been taught a lesson by the market, stumbled, and learned from their mistakes.
Let me share with you the hard-earned lessons from my experiences—the lessons I learned through trial and error, sleepless nights, and hair loss—all practical advice:
1. Don't fight against BTC.
It's the master switch for the entire market; it moves in tandem with the market.
Understanding BTC gives you a head start on smaller coins.
2. The strangest yet most useful time of day: 0:00 to 1:00 AM.
Liquidity is lowest and prices are most volatile then.
People often place orders before bed and wake up laughing.
If you know how to use this, you can find opportunities others can't.
3. USDT volatility can reveal the overall market sentiment.
A surge in USDT = someone is selling;
A surge in BTC = fervent sentiment.
These two often move in opposite directions; anticipating their moves half a step ahead lets you know what's next.
4. Macroeconomic news always pulls the market in the background.
A single sentence from the Federal Reserve can save a position that was about to be liquidated,
or turn a potentially profitable position into a trap.
Quick reactions are crucial; it's not about guessing the direction, but about monitoring the rhythm.
5. 6 AM to 8 AM is the daily watershed.
A drop in the night session followed by a continued drop in the morning—a rebound is likely that day;
A rise in the night session followed by a continued surge in the morning—a top is likely that day.
I've observed this pattern for years, and I have to admit it's true.
6. Friday is a truly dangerous day.
Major players love to manipulate the market, lure unsuspecting investors, and liquidate positions.
Be cautious on Fridays to avoid losses.
7. Volume is everything.
Don't be afraid of high volume; don't fantasize about low volume.
As long as the volume of major cryptocurrencies doesn't die, they will recover after a deep drop.
If you have USDT, do it in batches; if you don't have USDT, just hold on and don't sell randomly.
8. The hardest rule: Don't always want to make moves.
The more you try to "do something," the more likely you are to make mistakes.
Many times, holding on and not making moves will earn you more than frequent trading.
Ultimately:
There are no perpetual bull markets or perpetual bear markets in the crypto world.
What exists are—those who understand the market, and those who are tossed around by its fluctuations.
If you want to turn things around, it's not about getting rich quick with a single trade,
but about having a period of clear-headedness. $ETH
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