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The Crypto Assets market is full of opportunities and challenges. After eight years of ups and downs, I have finally achieved considerable success in this field. Some may wonder if it is really possible to profit from it, and my answer is yes. However, this requires a deep understanding of the rules within. Today, I will share some valuable experiences, hoping to provide some inspiration for everyone.
First of all, Bitcoin (BTC), as a barometer of the market, often dominates the overall trend. Mainstream coins like Ethereum may occasionally act independently, but the vast majority of altcoins struggle to escape the influence of BTC.
It is worth noting the inverse relationship between BTC and USDT. The appreciation of USDT may indicate an upcoming decline in Bitcoin, and vice versa. This provides important decision-making reference for investors.
The 'pin injection' phenomenon often occurs between 0-1 AM daily, leading to significant market fluctuations. This provides domestic investors with an opportunity to capture extreme market conditions through limit orders.
The period from 6 to 8 in the morning is a key time for determining the trend for the entire day. If there has been a continuous decline beforehand, a rebound is likely; conversely, a drop in the morning may indicate a decline for the entire day.
Pay extra attention around 5 PM, as the US market starts to become active, and news or large capital movements may trigger significant volatility.
For cryptocurrencies with sufficient trading volume, there is no need to panic too much about short-term declines. They usually rebound within a few days to a month. If you have funds, consider buying in batches at lower prices; if not, patiently waiting is also a wise choice.
However, the biggest challenge in profiting from the Crypto Assets market is not the strategy, but perseverance. For example, decisively exiting the market when the coin price remains below the 30-day moving average for three consecutive days may deter most people.
Successful investment in Crypto Assets requires deep market insight, strict risk management, and strong psychological qualities. It is not only a science but also an art. Only by deeply understanding market laws, combined with rational decision-making and emotional control, can one find a place for themselves in this field full of opportunities and risks.