#大户持仓动态 Recently, more and more young people are flooding into the crypto space, especially college students. I'm quite curious about how they all learned about this circle.

I'm 24 years old, and I started trading at 17. Over the past two years (2023-2024), my account funds have already reached eight figures. My daily routine now involves staying in hotels costing over 2000 yuan when I go out, and I usually carry around items like luggage and hats with crypto elements.

Compared to my parents doing real estate or peers doing e-commerce, I have to admit it's much easier. I rarely have disputes over business, and there are far fewer worries. I want to organize some of my insights from these years. Actually, the core of trading cryptocurrencies is mindset; technical skills are secondary.

**Key Observations**

Bitcoin plays a leading role in the fluctuations within the crypto circle. Stronger coins like Ethereum sometimes can move independently of the market, not entirely following Bitcoin, but most altcoins can't do this and are basically affected by Bitcoin's influence.

Bitcoin and USDT have an inverse relationship, which is very important—when USDT is rising, you should stay alert for Bitcoin possibly dropping; conversely, during Bitcoin's upward periods, it's usually a good time to accumulate USDT.

**Time Patterns**

The time window from 0:00 to 1:00 is prone to price spikes. Domestic users can use this period to place low-price buy orders and high-price sell orders for their favorite coins before sleep; maybe they'll get filled by the time they wake up.

The 6:00 to 8:00 window is very critical. It's a dividing line for judging the day's market trend. If prices have been falling since 0:00 and continue to decline between 6:00 and 8:00, it's usually a good opportunity to add to positions, and a rebound is likely that day. Conversely, if prices have been rising from 0:00 to 6:00, and continue to rise during this period, you should consider exiting, as a correction is likely to happen that day.

5:00 PM is somewhat well-known in the circle. Due to time zone differences, traders in the US become active around this time, sometimes triggering noticeable volatility. Large surges or drops often happen during this window, so it's worth paying special attention to the market.

The term "Black Friday" isn't entirely accurate. Although there have been several Fridays with significant declines, there are also Fridays with sharp rises or consolidations. So, don't rely too much on this pattern; it's mainly about news.

**Regarding Positions**

If you hold coins with relatively high trading volume, you don't need to panic during declines. Be patient and hold on; you'll generally break even—short-term within 3 to 4 days, longer possibly a month. If you have idle USDT in your account, you can buy more in batches to lower your average cost, which speeds up getting back to profit. If you don't have extra USDT, there's no need to rush; just wait patiently, and it usually won't disappoint you. Of course, this assumes you're not holding extremely trash coins.

If you have any questions, I'm always here. Maybe we can share some stories.