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👍Summary of ten years of cryptocurrency trading: Ten key points for getting rich (recommended for collection)👈

Can cryptocurrency trading make people rich? To achieve wealth freedom and class transition in the cryptocurrency circle, you must follow the following market points:

1. Keep a close eye on Bitcoin: Bitcoin often leads the rise and fall in the cryptocurrency circle, Ethereum occasionally has an independent market, and most altcoins are affected by it.

2. Pay attention to the relationship between BTC and USDT: Bitcoin and USDT often move in opposite directions. When USDT rises, prevent Bitcoin from falling. When Bitcoin rises, you can buy USDT.

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3. Grasp the early morning transactions: 0-1 o'clock every day. Domestic investors can buy at a low price and sell at a high price before going to bed, or make profits from unexpected transactions.

4. Observe the rise and fall in the early morning: 6-8 am is the key period. If it continues to fall from 0-6 am, you can buy or cover your position at this time, and the price will rise more on the same day; if it continues to rise, it is better to sell at this time, and the price will fall more on the same day.

5. Pay attention to the afternoon fluctuations: At 5 pm, American investors start to operate, which may cause the price of the currency to rise and fall, and many large fluctuations occur here.

6. Be careful of "Black Friday": There is a saying of "Black Friday" in the currency circle. Although there is a big drop on Friday, it may also rise sharply or go sideways. Pay attention to the news.

7. Be patient with falling coins: If the currency with considerable trading volume falls, don't be anxious. Patiently hold it and you can get your money back, as short as 3-4 days and as long as one month. If you have extra money, you can cover your position in batches, except for junk coins.

8. Stick to long-term spot: Do spot and hold the same currency for a long time, reduce transactions, and the income is often better than frequent transactions, which tests your patience.

9. Pay attention to external factors: The cryptocurrency circle is affected by many factors, such as the attitudes of various countries towards cryptocurrencies, US financial policies, and the remarks of bigwigs. You need to pay attention to financial news.

10. Maintain a good attitude: The mentality of cryptocurrency trading is very important. Don't panic when the price drops sharply, don't be arrogant when the price rises sharply, and take profits at the right time.

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