Can people in the cryptocurrency circle fall asleep in the middle of the night?

I have been trading cryptocurrencies for 9 years. I really stayed up all night every day for the first three years. I also suffered heavy losses for three years. After learning from the pain, I made money for 7 years. Now I will tell you my experience so that you can avoid some detours. It will definitely be very helpful for you after reading it!

1. Keep up with the hot spots and understand the market sentiment:

Short-term trading is like hunting. You need to be highly sensitive to market hot spots. Pay close attention to industry dynamics, policy changes, major events, etc., which may trigger drastic fluctuations in market sentiment and form short-term trading opportunities. Once you capture the hot signal, you must strike decisively to "strike while the iron is hot"

2. Technical analysis to grasp the trend:

Technical indicators such as K-line charts, MACD, RSl are the "compass" of short-term traders. By analyzing these tools, identify key support levels, pressure levels and trend patterns, such as double items, double bottoms, breakthroughs, etc., to provide a scientific basis for trading decisions. Remember, "If you want to do your job well, you must first sharpen your tools."

3. Diversify investments and reduce risk exposure: Although short-term trading seeks quick profits, "eggs should not be put in one basket". Reasonable allocation of funds and diversification of investments in multiple potential currencies can not only capture more opportunities, but also effectively diversify risks, ensuring that "the east is not bright, the west is bright" #BTC #ETH #SOL