Those who use these methods in the currency circle have become big names now. Which ones do you know? There is still potential for 100x coins here
1. Currency hoarding method: suitable for bull and bear markets
Hoarding is one of the simplest and most challenging strategies. The reason why it is simple is that you only need to buy one or several digital currencies and hold them for half a year or more than a year without performing any operations. Generally speaking, the profit will be at least ten times. However, for newbies, it can be easy to get carried away by the high returns or want to sell quickly when the price of a digital currency drops significantly. Many people find it difficult to go a month without doing anything, let alone a year. Therefore, this is also considered one of the most challenging strategies.
2. Bull market chasing method: only applicable to bull market
Utilize a portion of idle funds, preferably no more than one-fifth of the total funds. This strategy is suitable for digital currencies with a market capitalization between 20 and 100, because at least you will not be stuck for too long. For example, buy the first altcoin, and when it rises by 50% or more, you can exchange it for the next coin that plummets, and so on. If the first altcoin is stuck, then keep waiting because it is very likely to unwind in a bull market. The premise is that the chosen digital currency should not be too risky, so novices need to consider it carefully.
3. Hourglass car-changing method: suitable for bull market
In a bull market, almost all digital currencies have an upward trend, and funds are like a giant hourglass, slowly seeping into each digital currency, starting with those with larger market capitalization. There is an obvious pattern for the rise in digital currency prices, that is, the leading digital currencies rise first, such as Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Ethereum Classic (ETC), etc., and then the mainstream digital currencies begin Rising, such as Litecoin (LTC)
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