I am 37 years old this year. I started trading cryptocurrencies at 29, and by 24-25 my capital reached eight figures. My current life involves monitoring the market daily and making a few contracts, and I generally do not worry about money when going out. My net worth now exceeds 50 million, and I have few worries.

I have never had to deal with disputes in business, and I have very few concerns. I am patient in summarizing my insights. The biggest point in trading cryptocurrencies is having a good mindset; technical skills come second.

1. In most cases, Bitcoin is the leader of the cryptocurrency market's ups and downs. Strong coins like Ethereum can sometimes break away from Bitcoin's influence and exhibit a unilateral trend, while altcoins generally cannot escape its impact.

2. Bitcoin and USDT move in opposite directions. If USDT rises, one should be wary of Bitcoin's decline; when Bitcoin rises, it is the right time to buy USDT.

3. Between 12:00 AM and 1:00 AM, there is a tendency for price spikes, so domestic traders can try to place buy orders for their desired coins at a lower price before going to sleep, and place sell orders at a higher price. You might just make a trade while sleeping.

4. Every morning from 6:00 AM to 8:00 AM is a good time to determine whether to buy or sell, and also to assess the day's potential rise or fall. If the price has been falling from 12:00 AM to 6:00 AM, and continues to do so during this period, it is a good time to buy or add to positions, and the price will likely rise during the day. Conversely, if the price has been rising from 12:00 AM to 6:00 AM and continues to rise, it is a selling opportunity, and the price will likely fall during the day.

5. 5:00 PM is an important time to pay attention to rumors in the market. Due to time zone differences, American traders are waking up and starting their work, which may cause price fluctuations. Significant rises or falls have indeed occurred at this time, so one should be particularly vigilant.

6. There is a saying in the cryptocurrency world about 'Black Friday.' There have been a few instances of significant drops coinciding with Fridays, but there are also cases of large rises or sideways movements, so it is not particularly reliable; just pay attention to the news.

7. If a coin with a certain trading volume guarantee drops, there is no need to worry. Holding it patiently will definitely allow you to break even, whether it takes 3-4 days in the short term or a month in the long term. If you have spare USDT, consider averaging down to bring the price down; you will break even faster. If you have no spare money, just wait; it won’t let you down, unless you really bought I coin.

8. Holding the same coin in spot trading for the long term with less frequent trading yields greater returns than frequent trading; it just depends on whether you have the patience to hold.

The market is always there. Find Sister Juan, use systematic thinking to guide you through the fog of investment. #币安