💼 A Decade in Digital Assets: Reflections of a 35-Year-Old Trader 🚀

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Ten years ago, at 25, I took my first steps into the world of digital assets. Fast forward to 2023-2024, and my portfolio finally breached the eight-figure mark.

My lifestyle has undergone a complete transformation - from staying in luxury accommodations with nightly rates exceeding $2000 to traveling with cryptocurrency-themed luggage. I've adopted a mindset that's significantly more relaxed compared to my contemporaries in conventional industries.

This journey has taught me a crucial lesson: while strategy is important in the digital asset space, it's your mindset that truly shapes your destiny.

Here are the personal "rules of engagement" that have guided me through this decade:

Market Dynamics

The flagship digital asset often sets the tone for the market. While the second-largest asset occasionally charts its own course, smaller assets typically follow the leader's trend.

Asset-Stablecoin Relationship

There's an inverse relationship between major assets and stablecoins. When stablecoins gain strength, leading assets often experience a dip. Conversely, during significant asset rallies, it's an opportune moment to accumulate stablecoins.

Nocturnal Price Movements

The hour between midnight and 1 AM often witnesses price spikes. Setting low buy orders and high sell orders before retiring for the night can potentially yield effortless gains.

Early Morning Market Behavior

• If the market experiences a downturn from midnight to 6 AM and continues this trend = potential for a later rebound.

• If there's an overnight rise that persists into the morning = be wary of a potential correction.

Afternoon Market Influx

Around 5 PM, institutional funds often enter the market, frequently triggering significant volatility.

Weekly Caution

Historically, many market downturns have occurred on the last trading day of the week. While it's not a universal rule, it's wise to remain vigilant.

Long-Term Asset Strategy

For assets with substantial trading volume, don't let temporary dips cause panic. Patience often proves rewarding.

The real edge in this market isn't solely about technical analysis or market signals - it's about maintaining discipline, exercising patience, and cultivating the right mindset.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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