8 Years of Crypto Conquest: From the Bottom Up, Power Lies in Psychology

In the cryptocurrency market, technical analysis is only second. The first is always psychology. Eight years ago, I entered crypto with nothing but my hands. My worker’s salary was just enough to pay rent, and the future was bleak. Yet today, my account has surpassed eight figures. Staying in a five-star hotel, paying a few million VND per night for a room is no longer a concern. I don’t share this to boast, but to say: crypto can change the course of your life — if you are patient and disciplined enough. This market is not short of stories about “becoming a millionaire overnight.” What’s rare is those who maintain consistent profits through multiple cycles. Compared to running a factory or traditional trading, my current life is lighter: no worries about inventory, no contract disputes, no fear of customers defaulting. But to get here, I paid my tuition with my own money and many hard lessons. According to The Guiding Mark, Don’t Be Overconfident Too Soon Bitcoin has always been the “big brother” of the market. To survive long-term, you must understand this: When Bitcoin rises, altcoins have a chance. When Bitcoin falls, the rest find it very hard to hold. Sometimes Ethereum can go its own way, but don’t expect small altcoins to withstand big waves. Don’t confuse a short-term rally with a long-term trend — that’s the trap that costs many people dearly. Observe the relationship between Bitcoin and stablecoins: When capital flows strongly into stablecoins, be cautious about Bitcoin’s upward momentum. When Bitcoin surges too fast, take some profits into stablecoins to “lock in gains.” The most common mistake is greed, trying to sell at the exact top. The result is often missing the right time to withdraw. Easy Opportunities During Certain Hours Crypto trades 24/7, but some hours are more volatile: 0–1 AM: prone to quick “pullbacks.” You can place orders to buy at good prices. 6–8 AM: usually reflect the trend of the day. If it drops at midnight and continues to fall during this period, a rebound is likely during the day. If it rises at midnight and this period continues to rise, be cautious as a correction is probable. Around 5 PM: coincides with the start of US market activity, often with large fluctuations. This is when you should focus on monitoring. Note: these are just observational tips, not “sure-win formulas.” Use them as a perspective. What To Do When You Get Stuck? My most practical rule: If it’s not a scam project and there’s still liquidity, don’t panic. The market has cycles; a few days, weeks, or a month, there’s usually a rebound. If you have idle capital, buy in parts to lower your average cost. If you have no capital, hold patiently and avoid panic selling out of emotion. Many people lose money because they sell in fear just before the price bounces back. Don’t Fall for “Black Friday” Myths The crypto market doesn’t operate on the schedule of traditional finance. Some weeks are down, some up, some sideways. What matters most are news and capital flow. Before major events, technical analysis and old rules may become ineffective. Advice for Those Facing Difficult Times If you’re trying to bounce back from the bottom, remember: Only use money you can afford to lose. Start with small capital to learn decision-making. Experience is more valuable than short-term profits. Avoid leverage. Many accounts go “to zero” due to excessive leverage. Understand what you are buying. Learn the fundamentals of blockchain and projects, don’t follow the crowd. Opportunities in crypto are never lacking. What’s rare is someone who is patient, disciplined, and can control emotions. In Conclusion Eight years in the market is not due to luck, but because I gradually understood the “temperament” of crypto: volatility is normal, discipline is mandatory, and psychology rules everything. If you want to go the distance, prioritize survival before thinking about big profits. In this market, only those who stay will have a chance to win in the next cycle.