The year before last, my cousin suddenly appeared at my doorstep, a man in his thirties with deep-set eyes and a tired face. He was doing foreign trade in Shenzhen, but the pandemic ruined his business. He heard that the cryptocurrency market could help him "turn things around," so he secretly invested all his savings without telling his family.
"I'm not speculating on coins; I'm changing my destiny!" he said emphatically.
I didn't argue; I just smiled. This scene was too familiar—just like when I first entered the industry ten years ago.
At 23, I dove headfirst into the cryptocurrency market, having stepped into pitfalls and faced liquidation. It wasn't until 2023 that my account finally reached an eight-figure balance. Looking back, it's much less stressful than my relatives running factories or doing e-commerce. People always ask me for my secret, but it's just eight words: mindset first, skills second.
To survive in this circle, you first need to recognize the big brother—BTC is the benchmark. Last October, there was an epic crash, with BTC plummeting from 122,000 to 100,000, and small coins like Dogecoin halved in value. Following the big brother ensures you won't get buried.
Remember the "seesaw" logic: when USDT rises, funds are fleeing; when BTC rises too sharply, transfer some USDT to hand, locking in profits while waiting for a pullback to buy the dip.
There are also strategies for trading periods:
· Low liquidity from 0-1 AM, pending orders often allow you to pick up bargains
· From 6-8 AM, the trend is set; if there was a drop the previous night, it likely continues down, and if it rises, it continues up
· At 5 PM, US funds enter the market, making it the easiest time for big fluctuations
As for "Black Friday," it’s really not mystical; the rise and fall depend entirely on the news, so don't be swayed by hype.
There’s also an iron rule: don’t panic if non-air coins drop. If there's trading volume, either add in batches or wait for a rebound. I bought Dogecoin at $0.085, went through several crashes, and by holding and taking advantage of swings, it has increased more than 20 times so far.
The crypto world is not a casino; it’s a place for cultivation. My cousin later followed me in, no longer thinking of "changing destiny," but instead making a steady profit every month.
Remember: staying alive is more important than making quick money, and a good mindset is more reliable than skills.
I used to stumble around alone in the dark; now I hold the light. Now there’s a light that stays on; will you follow?