This 39-year-old me, started getting involved in crypto trading at age 31. By the 24-25 year cycle, my capital reached eight figures, and now my net worth has exceeded 50 million. How is life these days? Basically, I check a few contracts at market open every day, and I hardly worry about money matters when I go out. Over the years, I haven't experienced many business disputes between people, so I have relatively few worries. I believe this experience is worth summarizing carefully.



To say what is most important in trading cryptocurrencies, mindset always ranks first, while technical skills are secondary.

**Some Observations on the Trends in the Crypto Market**

Bitcoin is the most reliable indicator of the overall market trend in most cases. But there are exceptions—some fundamentally solid coins can sometimes break away from Bitcoin’s influence and develop independent trends. As for altcoins, they are generally under Bitcoin’s control.

Another interesting phenomenon: Bitcoin and USDT tend to move inversely. When USDT is rising? Be alert that Bitcoin might be about to fall. Conversely, when Bitcoin is strong, it’s often a good time to accumulate USDT at low prices.

**Some Patterns Regarding Timing**

The time between 0:00 and 1:00 AM is particularly prone to price spikes. Crypto enthusiasts in China can take advantage of this window—placing a buy order at a relatively low desired price before sleep, and a sell order at a relatively high price. Maybe you wake up to a completed trade, and that’s a passive profit.

The period from 6:00 to 8:00 AM is a critical judgment window. You can see some clues during this time: if the market has been falling from 0:00 to 6:00 and continues to fall during this period, it’s a good opportunity to buy or add to your position, as the market will likely rebound that day. Conversely, if it has been rising earlier and continues to rise, it’s a strong signal to sell, and a correction is likely to happen that day.

Also, pay special attention at 5:00 PM. This time has a sort of "legend" status. Due to time zone differences, traders in the US start their operations around then, which can easily trigger market volatility. Many big rises and falls have occurred at this time, so stay alert.

Regarding "Black Friday," there’s a saying in the crypto world. Sometimes there are big drops on Fridays, but there are also Fridays with big gains or sideways movement; the accuracy isn’t high. Instead of superstitiously relying on this, it’s better to pay more attention to news and information.

**About Positioning Strategies**

A coin with sufficient trading volume, even if it drops, shouldn’t cause too much worry. As long as you hold patiently, you will generally recover your investment. Short-term, it might turn around in 3 or 4 days; long-term, it could take a month. If you still have idle USDT, you can buy in batches to lower your average cost, which will help you recover faster. If you don’t have extra funds, just wait—it won’t disappoint you.

For spot trading, holding the same coin long-term with less frequent trading often yields higher returns than frequent short-term trades. The key is whether you have the patience to hold on.
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HashRateHustlervip
· 01-10 11:59
Is the dream of making easy money, huh? I just want to ask, how much of this 50 million is luck... I agree that mindset comes first, but without capital, no matter how you stack it, it's useless.
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FudVaccinatorvip
· 01-09 18:31
Over 50 million still need to monitor the market daily; this job is really exhausting. Maintaining the right mindset is the top priority, I agree, but honestly, most people's mindset collapses because their principal isn't enough. I've tried the trick of injecting at 0 to 1 o'clock, but every time I get cut painfully. The saying that Americans wake up at 5... let's just believe it half. Holding spot positions long-term is indeed satisfying, but the process of testing human nature is too torturous.
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FUD_Vaccinatedvip
· 01-09 15:38
Mindset > Technology, I agree with this. But placing orders and lying flat to earn profits from 0 to 1 o'clock? Easy to say, but if a black swan event occurs, you'll end up buying at the bottom like buying vegetables. There are many sleepless nights.
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SnapshotLaborervip
· 01-07 13:48
The phrase "Mindset first" is spot on. I was only liquidated because my mindset collapsed. But this guy's passive income logic sounds a bit mysterious. Is it really this stable?
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ImpermanentLossFanvip
· 01-07 13:45
This guy is right, mindset is really the core, technical skills can be learned anyway.
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SchrodingersPapervip
· 01-07 13:43
5 million, right? Why am I still losing... --- Everyone's right, but I just can't do it. The mentality really is incredible. --- Lying down to earn? Why do I wake up to a limit-down? --- What's the use of talking so much about patterns? The market still behaves like a baby whenever it wants. --- Bitcoin and USDT moving inversely? I feel like my wallet is just falling apart. --- Adding to positions until the end, but the more I add, the more I lose. So profound. --- Set a thousand orders from 0 to 1 point, but I only got fees deducted and nothing else. --- Holding spot long-term... Alright, I'll go ask when my stuck coins will turn around. --- Americans wake up at 5? I was still watching the market at 3 a.m., but I still lost. --- Black Friday is not allowed, but I get black every Friday. Is this a pattern? --- Is it possible that these observations are just survivor bias?
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IfIWereOnChainvip
· 01-07 13:28
The idea of making easy money sounds great, but I have to question the mindset that it's the top priority... How many can actually follow through?
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LiquidityWitchvip
· 01-07 13:25
I agree that mindset is the most important, but the jump from 8 figures to 50 million... is indeed a bit out of my reach.
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