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The Journey Through Waves in the World of Cryptocurrency

In the context of the increasingly fierce traditional financial market, cryptocurrency has become a new pathway for many seeking financial freedom. There are those who started with the burden of debt, but thanks to perseverance and the right strategy, they have gradually risen up, achieving significant success in this volatile world. The crypto market is not just a place for investment, but also a test of psychology and skills. Amidst the intense fluctuations, the most important factor is not the analysis tools or complex trading strategies, but the mindset of the investor – the ability to stay calm, control greed and fear. Techniques are merely a supporting factor behind.

  1. Bitcoin – the barometer of the entire market Bitcoin is always seen as the temperature gauge of the entire market. When Bitcoin rises, the altcoin market (other coins) often has the opportunity to rise as well. When Bitcoin falls, most altcoins cannot avoid the decline. Only in rare cases can Ethereum move independently, but one should not expect too much that altcoins will hold steady when Bitcoin plummets.
  2. The relationship between Bitcoin and USDT These two currencies have an inverse correlation. When USDT strengthens, capital often leaves the market, and investors should be cautious about the possibility of Bitcoin declining. When Bitcoin breaks out upward, holding a portion of USDT in the portfolio helps to reduce risk and ensures the ability to pivot when the market reverses.
  3. Notable trading hours In the 24/7 crypto market, time also affects price volatility: 12am–1am: unexpected “spike” may occur; if orders are placed in advance, it is sometimes possible to buy at a good price. 6am–8am: the phase of determining the trend for the day. If there is a decline at midnight and it continues in the morning, one might consider averaging down the price. If there is a strong increase, it is advisable to take profits quickly. 5pm: the time when funds and US capital begin to operate, and the market usually experiences the most volatility of the day.
  4. Risk management and market psychology One should not be superstitious about concepts like “Black Friday”. Price increases or decreases depend on news and capital flow, not on the day of the week. With coins that have stable trading volumes and projects with real value, one should not panic when prices drop. There are two wise choices: Buy the average price (DCA) to lower investment costs. Maintain your position if confidence in the project remains. The reality shows that many people who held Dogecoin at a low price range of 0.08–0.09 and remained steadfast over time ultimately achieved profits beyond expectations. The world of cryptocurrency is not for those who want to get rich quickly, but for those who understand themselves and can control their emotions. Amidst the turbulent waves, only those with a solid strategy, good risk management, and a stable mindset can “arrive safely.”
BTC-3.03%
ETH-1.3%
DOGE-0.62%
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