6 years ago, I gave up a high-paying job according to my family and friends to trade cryptocurrencies full-time, simply because I had an epiphany! Today, adhering to the philosophy of helping others and oneself, I will share the 9 major tips and rules of the cryptocurrency market that I have summarized. Each tip is a valuable experience earned with real money, understand it deeply, and it will save you 5 years of detours!

Here are some tips and rules of the cryptocurrency market for newcomers and veterans:

1. In most cases, Bitcoin is the leader of the market's ups and downs. Strong Ethereum coins may sometimes deviate from Bitcoin's influence and show unilateral trends, while altcoins basically cannot escape its impact;

2. Bitcoin and USDT move inversely. If you find that USDT has risen, be alert that Bitcoin may fall; when Bitcoin rises is a suitable time to buy USDT;

3. Between 0:00 and 1:00 every day, there is a tendency for price spikes, so domestic crypto friends can set a low buying price for their desired coins before sleeping and a high selling price; you might just make a profit while lying down;

4. The time between 6:00 and 8:00 in the morning is a good opportunity to judge whether to buy or sell, and also a time to assess the day's price movements. If it has been falling from 0:00 to 6:00, and continues to fall during this period, it’s a buying or averaging opportunity; the day will likely rise. If it has been rising from 0:00 to 6:00 and continues to rise, it’s a selling opportunity; the day will likely fall;

5. 5:00 PM is an important time point that is rumored in the community. Due to time zone differences, American crypto friends start their day, which may cause fluctuations in coin prices. Some significant rises or falls have indeed occurred at this time, so pay special attention;

6. There is a saying in the crypto world about "Black Friday." There have been a few instances of significant drops coincidentally on Fridays, but there have also been significant rises or sideways movements, so it’s not particularly reliable; just pay a little attention to the news;

7. If a coin with a certain trading volume drops, don’t worry. Patience in holding will definitely lead to recouping your investment, in as short as 3 or 4 days, or as long as a month. If you have spare USDT, average down your position to bring the price down; recovering your investment will be faster. If you don't have extra money, just wait; it won’t disappoint you, unless you really bought a worthless coin;

8. Holding the same coin long-term with less trading in spot trading has greater returns than frequent trading; it just depends on your patience. I bought Dogecoin at 0.029 and have held it until now, increasing over 20 times, the highest increase among all my coins.