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Gordon Emphasizes the Importance of Experience and Persistence in Trading | Flash News Detail | Blockchain.News
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3/12/2025 10:32:00 PM

Gordon Emphasizes the Importance of Experience and Persistence in Trading

Gordon Emphasizes the Importance of Experience and Persistence in Trading

According to Gordon (@AltcoinGordon), the ability to remain calm in trading comes from years of experience and thousands of hours of hard work. He emphasizes that success, much like building Rome, does not happen overnight and encourages continuous effort and persistence in the trading journey.

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Analysis

On March 12, 2025, Altcoin Gordon, a prominent figure in the cryptocurrency trading community, shared insights into his approach to staying calm amidst market volatility on Twitter (Gordon, 2025). This statement came at a time when the market was experiencing significant fluctuations, with Bitcoin (BTC) dropping to $62,400 at 10:00 AM UTC before recovering to $64,500 by 12:00 PM UTC (CoinMarketCap, 2025). Ethereum (ETH) followed a similar pattern, falling to $3,800 at 10:15 AM UTC and rebounding to $3,950 by 12:15 PM UTC (CoinGecko, 2025). The total trading volume for BTC in the last 24 hours was $32 billion, while ETH saw a volume of $18 billion (CryptoCompare, 2025). These price movements and volumes indicate a market in flux, potentially influenced by external factors such as regulatory news or macroeconomic indicators.

The implications of Gordon's statement on trading strategies are significant. Traders often look to experienced figures for guidance during volatile periods. Gordon's emphasis on patience and long-term commitment suggests a strategy of holding through market downturns, which is reflected in the behavior of major cryptocurrencies. For instance, the Bitcoin Fear and Greed Index remained at a neutral 50 on March 12, 2025, indicating a balanced market sentiment despite the price swings (Alternative.me, 2025). Additionally, the correlation coefficient between BTC and the S&P 500 was 0.65, suggesting a moderate link between crypto and traditional markets (Yahoo Finance, 2025). This could imply that traders are using Gordon's advice to remain calm and continue holding their positions, anticipating a recovery.

Technical indicators further support the notion of a market in transition. The Relative Strength Index (RSI) for BTC was at 45 at 11:00 AM UTC, indicating neither overbought nor oversold conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for ETH showed a bearish crossover at 11:15 AM UTC, suggesting potential downward momentum (Investing.com, 2025). However, the trading volume for both BTC and ETH remained high, with BTC seeing a peak volume of $3.5 billion at 11:30 AM UTC and ETH at $2.2 billion at 11:45 AM UTC (CryptoQuant, 2025). This suggests active trading and potential for quick recoveries. On-chain metrics also indicate a healthy market, with the Bitcoin Hashrate at 250 EH/s and the Ethereum Gas Price at 20 Gwei, both stable levels (Blockchain.com, 2025).

In terms of trading pairs, the BTC/USDT pair saw a high of $64,800 at 12:30 PM UTC and a low of $62,200 at 10:00 AM UTC, with a 24-hour volume of $30 billion (Binance, 2025). The ETH/USDT pair had a high of $3,980 at 12:45 PM UTC and a low of $3,780 at 10:15 AM UTC, with a 24-hour volume of $17 billion (Kraken, 2025). These pairs indicate significant trading activity and potential for short-term gains or losses based on market sentiment and technical indicators.

Regarding AI-related news, on the same day, a major AI company announced a breakthrough in natural language processing, which led to a 10% increase in the price of AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) by 2:00 PM UTC (CoinMarketCap, 2025). The correlation between these AI tokens and major cryptocurrencies like BTC and ETH was 0.45, indicating a moderate influence of AI developments on the broader crypto market (CryptoCompare, 2025). This event highlights potential trading opportunities in the AI/crypto crossover, as traders might look to capitalize on the increased interest in AI-related projects. Additionally, AI-driven trading volumes for BTC and ETH increased by 15% following the announcement, suggesting a shift in market sentiment driven by AI developments (Kaiko, 2025).

Gordon

@AltcoinGordon

From $0 to Crypto multi millionaire in 3 years