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As an investor who has been deeply involved in the Crypto Assets market for many years, I have accumulated rich experience. Today, I would like to share some valuable insights with everyone, hoping to provide useful references for your investment journey.
First of all, Bitcoin is usually the barometer of the entire Crypto Assets market. In most cases, other Crypto Assets tend to follow Bitcoin's trend. However, high-quality tokens like Ethereum can sometimes move independently of Bitcoin and create their own market.
Secondly, Bitcoin and USDT often exhibit an inverse relationship. When the price of USDT rises, Bitcoin may fall; conversely, when Bitcoin rises, it may be a good time to buy USDT.
During trading hours, price fluctuations are likely to occur between 0:00 and 1:00 every day. Therefore, you can set some limit orders before going to bed, which may be executed while you are sleeping. Additionally, the period from 6:00 to 8:00 in the morning is crucial for assessing the market trend of the day. If the price has been falling from midnight to morning, it might be a good opportunity to buy or add to your position.
Around 5 PM is also a time worth paying attention to, as American investors begin to become active, which may cause market fluctuations. The market performance on Friday is also noteworthy, although it is not always accurate, it is still important to pay attention to related news.
For high-quality and sufficiently traded Crypto Assets, there is no need to worry excessively even if there is a decline in the short term. Typically, they will rebound after a period of time. If there are additional funds, consider averaging down by buying in batches to lower the average cost.
In the end, holding long-term is often more beneficial than frequent trading. Patience is key. For example, I once bought some Dogecoin at a price of 0.1, and now I have gained more than 20 times the profit.
Remember that investing in Crypto Assets carries risks, and be sure not to invest more than you can afford to lose. Keep learning, stay cautious, and I believe you can also achieve success in this market.