Over the years of wandering in the crypto market, I have discovered a truth: it is much more important to let assets add value to you than to desperately watch the market.
He has been in the circle for eight years and has experienced several rounds of bulls and bears. The period from 2023 to 2024 has given me a new understanding of the market. Looking back now, those days of studying the K-line day and night are not as valuable as a few key judgments.
Many people ask me: What does the currency circle rely on to make money? To be honest, technical analysis is just a tool, and mentality is the foundation of survival. Here are a few experiences I have gained with my blood and sweat:
BTC will always be the market vane. Its rise and fall determine the rhythm of the entire ecosystem. Occasionally, ETH will go independently, but expect altcoins to rise against the trend? Basically fantasy.
The seesaw effect of ETH and USDT is worth paying attention to. ** In a nutshell: When USDT starts to strengthen, BTC is often under pressure; In turn, when BTC rises fiercely, it is a wise choice to allocate stablecoins appropriately.
**Two Golden Time Windows:** - 0-1 a.m., poor market liquidity is prone to pin insertion. Set up a pending order before going to bed, and you can often pick up cheap chips. - Watch the trend throughout the day from 6 to 8 a.m.: continue to fall in the past two hours after falling in the first half of the night? There is a high probability that it will rebound on the same day. Rising in the early morning after rising in the first half of the night? Be wary of the risk of a pullback.
**Don't take 5 p.m. lightly. ** Time difference, this is the time when US funds enter the market, and the volatility is often the most violent.
As for saying things like "Black Friday", I don't think it's too serious. I have seen the ups and downs on Friday, and the key is to look at the news and capital flow at that time.
**The most practical experience:** As long as it is not an air project and a currency with actual trading volume, there is no need to panic in the short term. In three to five days or a month, the price will always be repaired. If you have spare money, you can build a position in batches to share the low cost, and if you don't have spare money, you can hold it patiently.
The operation that impressed me the most: 0.085 entered DOGE, and it has increased more than 20 times until now. It's not that I'm smart, it's just that I'm a little more patient than others.
The market is always changing, but human nature remains the same. Controlling your position and holding your mentality is more important than anything else.
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Web3Educator
· 4h ago
tbh the 0-1am wick hunting thing hits different when you actually have time to sleep lol... most people don't realize they're just adding stress for scraps
Reply0
WalletManager
· 4h ago
Hold on to the chips and don't be brainwashed by the daily K-line, this is the right answer to survive to the next round of bull market.
What does DOGE say more than 20 times? It's not the technical aspect, it's the stable mentality. My private keys have been in the cold wallet for three years, but I am the most comfortable earner.
The pin does exist at 0-1 a.m., but it has to be analyzed on the chain to see the flow of funds, and simple pending orders are easy to be eaten by contracts.
BTC will always be the big brother, that's right. I have long used the seesaw of ETH and USDT in asset allocation, and the higher the degree of automation, the less tiring it is.
To be honest, the wave of US dollar funds entering the market at 5 p.m. is most likely to occur in extreme markets, and the risk coefficient soars, but it is also the easiest to buy the bottom. It depends on how you grasp it.
DOGE is an altcoin that can multiply 20 times, indicating that there will always be opportunities in this market, but the premise is that you have an iron-blooded mentality and enough spare money to multi-sign your wallet to diversify risks.
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pvt_key_collector
· 4h ago
That's right, it's just like that. The key is to choose the right coin and then lie down and make money.
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Hash_Bandit
· 4h ago
ngl the 0-1am liquidity traps thing actually hits different, been there too many times lmao
Reply0
DAOdreamer
· 4h ago
Sounds good, but the reality is that most people simply can't let go... As soon as there is a wind and grass, you still have to keep an eye on the market
View OriginalReply0
SelfSovereignSteve
· 4h ago
There is nothing wrong with it, but it is really difficult to implement. My plan to set up a pending order at 0 o'clock persisted for two weeks and gave up haha
Over the years of wandering in the crypto market, I have discovered a truth: it is much more important to let assets add value to you than to desperately watch the market.
He has been in the circle for eight years and has experienced several rounds of bulls and bears. The period from 2023 to 2024 has given me a new understanding of the market. Looking back now, those days of studying the K-line day and night are not as valuable as a few key judgments.
Many people ask me: What does the currency circle rely on to make money?
To be honest, technical analysis is just a tool, and mentality is the foundation of survival. Here are a few experiences I have gained with my blood and sweat:
BTC will always be the market vane. Its rise and fall determine the rhythm of the entire ecosystem. Occasionally, ETH will go independently, but expect altcoins to rise against the trend? Basically fantasy.
The seesaw effect of ETH and USDT is worth paying attention to. ** In a nutshell: When USDT starts to strengthen, BTC is often under pressure; In turn, when BTC rises fiercely, it is a wise choice to allocate stablecoins appropriately.
**Two Golden Time Windows:**
- 0-1 a.m., poor market liquidity is prone to pin insertion. Set up a pending order before going to bed, and you can often pick up cheap chips.
- Watch the trend throughout the day from 6 to 8 a.m.: continue to fall in the past two hours after falling in the first half of the night? There is a high probability that it will rebound on the same day. Rising in the early morning after rising in the first half of the night? Be wary of the risk of a pullback.
**Don't take 5 p.m. lightly. ** Time difference, this is the time when US funds enter the market, and the volatility is often the most violent.
As for saying things like "Black Friday", I don't think it's too serious. I have seen the ups and downs on Friday, and the key is to look at the news and capital flow at that time.
**The most practical experience:**
As long as it is not an air project and a currency with actual trading volume, there is no need to panic in the short term. In three to five days or a month, the price will always be repaired. If you have spare money, you can build a position in batches to share the low cost, and if you don't have spare money, you can hold it patiently.
The operation that impressed me the most: 0.085 entered DOGE, and it has increased more than 20 times until now. It's not that I'm smart, it's just that I'm a little more patient than others.
The market is always changing, but human nature remains the same. Controlling your position and holding your mentality is more important than anything else.