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At 36 years old, I officially started trading cryptocurrencies at 30. By the time I reached 23-26 years old, my funds had already surpassed 8 figures, and now my net worth exceeds 30 million. Honestly, my current life is just monitoring the market daily and making a few trades, basically not worrying about money. I can relax whenever I want, travel wherever I want—this kind of life is indeed what I once dreamed of.
Over the years of ups and downs, my biggest realization is: a good mindset is more important than technical skills. Technical skills are secondary.
**Regarding market judgment, I’ve summarized a few rules:**
Bitcoin is basically the anchor in the crypto world, leading both up and down. Coins like Ethereum with strong fundamentals sometimes can move independently, but altcoins? They can’t escape Bitcoin’s influence. Interestingly, Bitcoin and USDT are inversely related—when USDT is rising, be alert that Bitcoin might be about to fall; conversely, when Bitcoin is rising, it’s a good time to accumulate USDT.
**Timing is very important.** Between 0:00 and 1:00 AM, there’s often a spike in trading activity. Our domestic crypto friends can set buy low and sell high prices for their favorite coins before bed; maybe they’ll execute trades in the middle of the night. 6 to 8 AM is a critical period—if the market has been falling from 0:00 to 6:00 and continues to fall during this time, it’s usually a good opportunity to add to positions, and the market will likely rise that day; otherwise, consider reducing your holdings. 5 PM is also worth paying attention to, as American traders become active, which can cause volatility.
There’s also a rumor called "Black Friday." I’ve experienced several major drops on Fridays, but there are also big rises or sideways movements. Its accuracy is average; just watch the news.
**Regarding holding strategies:** Don’t fear coins with high trading volume that have fallen; patience will usually pay off—within 3 or 4 days, or up to a month. If you have extra funds, buy in batches to lower your average cost, which speeds up recovery; if not, wait patiently—just avoid truly trash coins. Spot trading and long-term holding generally yield better results than frequent trading, as long as you have patience.