Cryptocurrency cycle: "Bitcoin-based" implementation method
The first stage:
When the cryptocurrency market is in a bear market, Bitcoin and many altcoins have sharply corrected, so the price of Bitcoin will become cheaper.
Operation logic:
When looking for relatively low Bitcoin prices, use fiat currency to buy Bitcoin. (It is recommended to use passive DCA to slowly accumulate Bitcoin positions in bear markets)
second stage:
When Bitcoin ushered in the first wave of surges and hit new highs in the early stages of the bull market, leeks poured in to buy Bitcoin. Bitcoin’s market share increases, and the value of altcoins drops significantly.