From entering the circle at 22 to now at 32, I have basically lived off trading for the past ten years. My assets peaked at an 8-digit number between 2022 and 2023, and now stabilize at over 60 million. Daily life? It consists of watching the market, trading contracts, and occasionally laying out some Spot. When I go out to spend, I never look at price tags; this sense of freedom is pretty refreshing.

What I am most grateful for is that trading cryptocurrencies hardly involves arguing with people. There are no clients changing requirements, no partners fighting, and very few annoying matters. The most essential experience I have accumulated over the years is this: **Mindset is a thousand times more important than technology**.

Let's be real. Bitcoin is basically the barometer of the entire cryptocurrency market; when it rises, altcoins follow suit; when it falls, a bunch of coins drop faster than anyone else. Hard currencies like Ethereum can sometimes move at their own pace, but most altcoins cannot escape the gravitational pull of BTC.

Here's a fun fact: Bitcoin and USDT move in opposite directions. Did USDT suddenly spike? Then you should be cautious that BTC is about to drop; conversely, when BTC is rallying, it's a great time to accumulate USDT. This logic is simple, but many people fail to understand it.

Timing also has its tricks. From midnight to 1 AM every day, there is a tendency for spike行情 to occur. I usually set low buy orders and high sell orders before I sleep, and often wake up to pleasant surprises — making money while lying down. The time window from 6 to 8 AM is another key period: if the price has been falling from midnight to morning and continues to fall, it is very likely a bottom-fishing opportunity, and it will generally rebound that day; conversely, if it has been rising and continues to rise, it might be time to consider taking profits.

5 PM is also worth keeping an eye on. Due to the time difference, people in the US start to become active and often stir up the market. I have seen several major movements break out at this time. As for the term "Black Friday," it can be accurate at times and not at others; just pay a little attention to the news.

If the coin you bought drops, don't panic. As long as it's not one of those worthless coins with no trading volume, being patient will definitely help you break even - in a fast case, it might take three to four days, and in a slow case, about a month. If you have extra funds, consider averaging down by buying in batches to lower your costs; if you have no money, just hold on and wait, it will come back eventually.

I am an example myself. I bought Dogecoin when it was at 0.1, and I've held it until now, which has increased more than 20 times. This is the power of long-term holding. The biggest taboo in Spot trading is frequent operations; the transaction fees from back-and-forth trading can be quite significant, and the returns are often not as good as simply holding on in a laid-back manner.

In the end, what really counts in the cryptocurrency world is understanding and perspective. Technical indicators can be grasped in a week; however, the mindset takes experiencing a few significant losses to truly comprehend.