Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
I entered the crypto space at 22, and now it's been exactly ten years. Between 2023 and 2024, my account has finally broken eight figures for the first time, and my life trajectory has changed forever.
Compared to older folks like factory owners and e-commerce operators, my rhythm is completely different. I don’t have to worry about supply chains or chasing customer payments, and my worries are few and far between. I can stay in a hotel costing 2000 yuan a night without blinking, and I insist on bringing some crypto-themed accessories in my luggage and hats, so I can be recognized by my own people wherever I go.
Someone asked me what I rely on to trade cryptocurrencies. I’ve thought about it carefully, and the answer is actually very simple—mindset first, skills second.
**Bitcoin is always the big brother**
If you want to make it in this circle, you have to keep an eye on Bitcoin. When it rises, other coins have a chance; when it falls, all smaller coins follow suit. Ethereum occasionally moves independently, but don’t expect altcoins to resist the overall market. This is market logic, not subject to personal will.
**Bitcoin and stablecoins are a seesaw**
To sum up in one sentence: when stablecoins increase, be cautious with Bitcoin; when Bitcoin surges significantly, stash some stablecoins to lock in profits. This rotation can help you avoid many pitfalls.
**Timing windows are crucial**
The 0-1 AM window is prone to “price spikes.” My habit is to place orders before bed, often catching a good move. From 6-8 AM, check the market trend: if it’s falling in the first half of the night and still dropping in these two hours, add to your position—chances are it will rally that day; if it’s rising in the first half and still climbing in these two hours, exit quickly—chances are it will drop that day.
Don’t get distracted at 5 PM. When US funds start entering the market, big volatility is most likely, and it determines the trend for the day.
**About "Black Friday"**
Don’t be too superstitious. Sometimes prices drop on Friday, but they can also rise or stay flat. Ultimately, news and information drive the market.
**The most practical advice**
As long as it’s not an air coin, has trading volume, and drops, don’t panic. In three to five days or a month, it will likely come back. If you have extra funds, buy in batches to lower your average cost; if not, hold tight—there’s no big problem.
The deal I’m most proud of: bought Dogecoin at 0.085 and held it until now, it’s multiplied over 20 times. The truth is, trading crypto ultimately tests patience and understanding of the big trend. It’s hard to do everything alone; following the right direction is much more effective than blindly messing around.