A Survival Manual for Ten Years of Crypto Veteran Traders

At 20, I accidentally entered this circle; now, I’m 30. If I had to choose the biggest turning points in these ten years, it would be 2023 to 2024—when my account first broke eight figures, I stared at that string of numbers for a long time.

Now on a business trip, I stay in a hotel for just 2000 yuan, no problem. My suitcase is covered with various crypto logos; I can meet fellow traders just walking through the airport. Compared to elders who run factories or operate e-commerce, my work is indeed easy: no supply chain worries, no chasing contract payments, and no customer defaults.

Many ask me: what does it really take to trade cryptocurrencies?

After thinking for a long time, there are actually only two words—mindset. Skills and technology are secondary.

Over the years of experience, I’ve summarized a few survival rules:

**Rule One: Bitcoin is always the boss.**
If you want to thrive in this circle, you must keep an eye on it. When BTC rises, altcoins have a chance; when BTC drops, all small coins get buried. Ethereum sometimes moves independently, but don’t expect small coins to withstand the overall market.

**Rule Two: BTC and USDT are like a seesaw.**
When USDT rises, Bitcoin is usually cooling off; when Bitcoin skyrockets, quickly switch some to USDT to lock in profits. This pattern has been proven time and again.

**Rule Three: Timing is crucial.**

From 0:00 to 1:00 AM, the market is most prone to fluctuations. Place low-price orders before bed, and you might wake up to some bargains.

From 6:00 to 8:00 AM, these two hours reveal the day’s trend:
- If the market fell overnight and is still falling in the morning? Add to your positions; chances are it will bounce back that day.
- If it rose overnight and continues to rise in the morning? Exit quickly; a correction is likely.

Don’t get distracted at 5:00 PM. Funds from the US market are entering, and this period can produce big swings.

**Rule Four: Don’t overly believe in “Black Friday” discounts.**
Prices fall on Fridays, rise, and then stabilize. The real driver of the trend is still news.

**Rule Five: The most practical one.**

As long as it’s not an air coin and has trading volume, don’t panic if it drops. In three to five days or a month, it can recover. If you have spare funds, buy in batches to lower your average cost; if not, hold on tight—no big deal.

The deal I’m most proud of: bought Dogecoin at 0.085 and held it until now, earning over 20 times the profit.

It’s proven that in crypto trading, what ultimately matters is patience and persistence.

Exploring alone is too exhausting; it’s better to find the right organization and follow it. The direction is already clear; it’s just whether you dare to get on board.