I am 37 years old this year, I started to speculate coins at the age of 28, and in 2021, my coins will reach 8 figures, and my current life must be a high-end hotel of about 3,000 yuan, and the suitcase and hat may all have the symbol of the currency circle! I've hardly ever experienced a business with people and few worries.
I have the patience to summarize my insights; the most important point in Cryptocurrency Trading is having a good mindset, while technical skills are secondary.
1. In most cases, Bitcoin is the leader of the ups and downs in the crypto world. Occasionally, strong coins like Ethereum may deviate from Bitcoin's influence and trend independently, but altcoins generally cannot escape its impact.
2. Bitcoin and USDT move in opposite directions; if USDT rises, be cautious of a drop in Bitcoin; when Bitcoin rises, it is the right time to buy USDT.
3. The spike phenomenon is likely to occur between 0:00 and 1:00 every day, so domestic coin enthusiasts can try to place a buy order for their desired coin at a low price and a sell order at a high price just before going to sleep. You might just get a deal while lying down;
4. Every morning from 6 to 8 o'clock is a time to judge buy or sell, and it is also the time to judge the rise and fall of the day, if 0 to 6 o'clock has been falling, this period is still falling, it is a time to buy or make up for positions, the day is basically up, if 0 to 6 o'clock has been rising, this period is still rising, it is the time to sell, and the probability of falling on the day will fall;
5. 5 PM is an important point of attention for rumors in the crypto world. Due to the time difference, American coin friends are getting up to work, which may cause fluctuations in the price of coins. Some significant rises or falls have indeed occurred at this time, so it is important to pay special attention.
6. There is a saying of "Black Friday" in the currency circle, and there have been a few cases where it happened to fall sharply on Friday, but there are also cases of sharp rises or sideways, which are not particularly accurate, just pay a little attention to the news
7. If the currency with a certain trading volume guarantee falls, don't worry, patience will definitely return to the capital, short 3, 4 days, long month, if there is more USDT, make up the position in batches, pull the price down, return to the capital will be faster, no money will wait, etc., will not let you down. Unless you actually buy I-coins;
8. Doing spot trading of the same currency for a long time and less trading is more profitable than frequent trading, depending on whether you have the patience to hold. I bought Dogecoin at 0.1, and now my holdings have increased more than 20 times #币圈 # Bitcoin #PI##BTC##ETH#
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