After working in the crypto circle for almost ten years, I found that people who really make money do not rely on advanced technology, but on mentality and rhythm.
I entered the market in my early thirties, and now the number of accounts is enough for me to no longer worry about life. The biggest experience over the years is to let assets work for you, not you being led by the market.
Many newcomers ask me what I rely on to speculate in coins? Truth be told, technical analysis is just a tool, and mentality is the foundation. In the past few years, I have summed up some practical experience, which may help you avoid detours:
BTC will always be the market vane. ** When it rises, the copycat has a chance; It fell, and don't expect other coins to do well. ETH occasionally goes independently, but that's a rare occasion. Most of the time, the color of BTC's face determines the sentiment of the entire market.
ETH and USDT are like seesaws. ** Remember this rule: when USDT rises, Bitcoin is usually under pressure; Bitcoin has risen sharply, and it is safe to exchange some USDT in time. This is not an absolute law, but the win rate is not low.
Timing is more important than you think. ** From 0 to 1 a.m., the market liquidity is poor, and it is easy to have a "pin" market.
At 6-8 o'clock in the morning, the key window to see the trend of the day: it fell in the first half of the night, and it is still falling in the past two hours? There is a high probability that it will rebound on the same day, and you can consider covering your position; It rose in the first half of the night, and it is still rising in the past two hours? Be careful of the day's pullback, take profit when it is time to take profit.
Don't be distracted at 5 p.m. Due to the time difference, U.S. funds enter the market at this time, and the volatility is often relatively large.
"Black Friday"? Don't be too serious. ** It fell on Friday, but it also rose and passed, don't be superstitious about this law, the key is to look at the news and market sentiment.
The most practical experience: as long as it is not an air project, coins with real trading volume, don't panic if they fall. Three to five days, a month at most, can always come back. If you have spare money, you can replenish the position in batches to spread the low cost, and if you don't have spare money, you can wait with it, which is not a big problem.
The order I took the longest was Dogecoin, which was 0.085 in, and I have been dying until now, which has increased by more than 20 times. It's not that this coin is bullish, but at that time, it was judged that it had community support, and it couldn't fall anywhere, so I waited patiently.
The most indispensable thing in this market is opportunity, and the most lacking thing is patience and discipline. Don't always think about getting rich overnight, learn not to lose money first, and then talk about making money.
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ProbablyNothing
· 12-10 07:19
Patience is simple to say and really difficult to do. I was also cut a few times before I understood...
Mentality is really greater than technology, and no matter how many times this has been said, some people still don't believe it.
I didn't hold that wave of Dogecoin, it's really too vegetarian haha.
BTC's face determines everything, this is the truth.
The seesaw effect of USDT and BTC is indeed often overlooked by me and I have written it down.
The window observation method at 6-8 o'clock in the morning seems to make some sense.
I have experienced picking up cheap needles in the early morning, but often the list is easy to be swept away.
At five o'clock in the afternoon, the US capital entered the market, and the volatility was indeed large, so it had to be guarded.
That's right, what the market lacks most is patience, and most people die in a hurry for quick success.
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MainnetDelayedAgain
· 12-10 07:16
According to the database, the patience value of this brother from 0.085 to the present is enough to be included in the Guinness Extension Record, and it is recommended that the project team refer to it.
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BearEatsAll
· 12-10 07:13
Dogecoin doubled 20 times? I feel like I'm listening to the story, and there are a few that I really hold
Mentality is really important, that is, it is too difficult to execute, and it is really difficult not to be tempted when it falls
BTC looks at the face This is not a problem, I just make the most money when I don't look at the K-line
I tried the trick of placing an order at 0:00 in the morning, but I was hit by a pin to stop loss, is there a time when I killed back?
It's all right, it's the opposite, I'm still tossing around with technical indicators
The last sentence is heart-wrenching, I have been studying how to get rich overnight in the past two years, and I lost a lot of money
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BearMarketBro
· 12-10 07:12
Dogecoin 0.085 is really a bit ruthless. But the mentality is right, I also paid a lot of tuition to understand this truth
View OriginalReply0
GasFeeSobber
· 12-10 07:12
To put it bluntly, execution is the most difficult level
View OriginalReply0
BlockchainFries
· 12-10 07:01
Dogecoin 0.085 is really amazing now, I just don't have the patience to run away early
View OriginalReply0
ThreeHornBlasts
· 12-10 06:54
To put it well, it is the mentality that is the saddest. I also realized this after repeatedly paying tuition fees.
Dogecoin is really amazing, and the coin with strong community attributes can indeed withstand it. I was just too greedy and always wanted to chase hot spots, but in the end I lost a lot.
BTC is really the needle in the sea, and after following this law for so many years, it is still the most reliable.
I have to remember the window of 6-8 o'clock in the morning, it seems that there are often turns at this time.
If you have a good mentality, you will win half, and technical analysis and so on are add-ons. This is the truth.
To put it bluntly, it means to live a long time, hold on, and not die. Look at your account numbers and you know that it is a real battle.
The detail of inserting the needle at 0-1 a.m. is good, and the operation of setting up an order before going to bed is interesting.
The last sentence poked in my heart, it is much more difficult not to lose money than to make money.
After working in the crypto circle for almost ten years, I found that people who really make money do not rely on advanced technology, but on mentality and rhythm.
I entered the market in my early thirties, and now the number of accounts is enough for me to no longer worry about life. The biggest experience over the years is to let assets work for you, not you being led by the market.
Many newcomers ask me what I rely on to speculate in coins? Truth be told, technical analysis is just a tool, and mentality is the foundation. In the past few years, I have summed up some practical experience, which may help you avoid detours:
BTC will always be the market vane. ** When it rises, the copycat has a chance; It fell, and don't expect other coins to do well. ETH occasionally goes independently, but that's a rare occasion. Most of the time, the color of BTC's face determines the sentiment of the entire market.
ETH and USDT are like seesaws. ** Remember this rule: when USDT rises, Bitcoin is usually under pressure; Bitcoin has risen sharply, and it is safe to exchange some USDT in time. This is not an absolute law, but the win rate is not low.
Timing is more important than you think. ** From 0 to 1 a.m., the market liquidity is poor, and it is easy to have a "pin" market.
At 6-8 o'clock in the morning, the key window to see the trend of the day: it fell in the first half of the night, and it is still falling in the past two hours? There is a high probability that it will rebound on the same day, and you can consider covering your position; It rose in the first half of the night, and it is still rising in the past two hours? Be careful of the day's pullback, take profit when it is time to take profit.
Don't be distracted at 5 p.m. Due to the time difference, U.S. funds enter the market at this time, and the volatility is often relatively large.
"Black Friday"? Don't be too serious. ** It fell on Friday, but it also rose and passed, don't be superstitious about this law, the key is to look at the news and market sentiment.
The most practical experience: as long as it is not an air project, coins with real trading volume, don't panic if they fall. Three to five days, a month at most, can always come back. If you have spare money, you can replenish the position in batches to spread the low cost, and if you don't have spare money, you can wait with it, which is not a big problem.
The order I took the longest was Dogecoin, which was 0.085 in, and I have been dying until now, which has increased by more than 20 times. It's not that this coin is bullish, but at that time, it was judged that it had community support, and it couldn't fall anywhere, so I waited patiently.
The most indispensable thing in this market is opportunity, and the most lacking thing is patience and discipline. Don't always think about getting rich overnight, learn not to lose money first, and then talk about making money.