A Practical Guide for Retail Investors in the Crypto World: Here are a few points worth noting!



1. Keep a close eye on Bitcoin's "barometer" role
In the crypto world, the movement of Bitcoin often affects the overall rise and fall. Although Ethereum can occasionally have its own independent market trends, most altcoins are still influenced by it, making it crucial to closely monitor Bitcoin's direction.
2. Pay attention to the correlation between Bitcoin and USDT
The two often show reverse fluctuations: when USDT rises, one should beware that Bitcoin may fall; when Bitcoin rises, it is often the right time to acquire USDT.
3. Seize the "pinning" opportunity in the early morning.
From 0:00 to 1:00 every day, the market is prone to "needle spikes" (short-term significant price fluctuations). Domestic retail investors can place low-price buy orders or high-price sell orders for their favorite coins before going to bed, which may result in unexpected transactions and easy profits.
4. Determine Buy and Sell Signals in the Morning Period
The key observation period is from 6 to 8 AM daily: If there is a continuous drop from midnight to 6 AM, and it is still falling at that time, you might consider buying or adding to your position, as the probability of a rise on that day is relatively high; if there has been a continuous rise prior to that, and it is still rising at that time, it may be a good idea to sell, as there is a high probability of a pullback on that day.
5. Pay attention to the afternoon volatility window
Pay more attention around 5 PM, due to time zone differences, U.S. investors begin to become active, which may trigger coin price fluctuations, and many significant rises and falls occur during this time.
6. Beware of the "Black Friday" effect
In the crypto world, there is a saying of "Black Friday". Although there may occasionally be a significant drop on Fridays, there could also be a substantial rise or sideways movement. The key is to focus on the news at that time.
7. Maintain rational patience for the declining coins
If a coin with a certain trading volume drops, there's no need to overly panic; most can return to profit if held patiently (short as three to four days, long as a month). If you have the capacity, you can average down in batches to accelerate the return, but this excludes garbage coins.
8. Adhere to a long-term spot strategy
When engaging in spot trading, holding the same coin for a long time and reducing the frequency of operations often yields higher returns than frequent trading, which tests one's patience.
9. Pay attention to external influencing factors
The volatility of the crypto world is often influenced by multiple factors: the regulatory attitudes of various countries towards cryptocurrency (negative news may lead to a decline), adjustments in U.S. financial policies, remarks from influential figures like Musk, etc. It is important to pay attention to financial news.
10. Maintain a steady mindset
The mindset for Cryptocurrency Trading is key: remain calm during significant drops and avoid impatience during major rises, decisively take profits when it's time. #6 BTC全民空投限时派送中# (forward)
BTC-0.12%
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Journey_StarryMorningvip
· 08-06 12:22
Hold on tight, we're about to To da moon 🛫
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