I summarize several reliable methods for making money in the cryptocurrency market using the simplest approach.
1. Coin Hoarding Method: Suitable for both bull and bear markets. It's simple to operate; buy one or several coins and hold them for more than six months to a year. The minimum return can reach ten times, but beginners often find it difficult to persist for a month without trading due to seeing high returns or a drastic drop in coin prices, making execution challenging.
2. Bull Market Dip Buying Method: Only suitable for bull markets. Use no more than one-fifth of idle funds to select coins with a market cap between 20 and 100. Buy altcoins that rise more than 50%, then cycle by swapping them for those that have plummeted. If stuck, there’s hope to break even in a bull market, but be cautious with the coin selection, especially for beginners.
3. Hourglass Car Switching Method: Suitable for bull markets. In a bull market, funds seep into various coins like an hourglass, starting from large coins. The pattern is that leading coins (like BTC, ETH, etc.) rise first, followed by mainstream coins (like LTC, EOS, etc.), then a general rise, and finally small coins take turns to rise. After Bitcoin rises, target the next tier of coins that haven’t risen yet to build a position.
4. Pyramid Bottom Buying Method: Used to predict major crashes. Buy one-tenth of your position at 80% of the coin price, one-fifth at 70%, one-third at 60%, and one-fourth at 50%.
5. Moving Average Method: Requires understanding of K-line basics. Set up MA5, MA10, MA20, MA30, MA60 indicators at the daily level. If the current price is above MA5 and MA10, hold; if MA5 falls below MA10, sell; if MA5 rises above MA10, buy.
6. Aggressive Coin Hoarding Method: Targets familiar long-term quality coins. With liquid funds, for example, if the coin's current price is 8 USD, place an order to buy at 7 USD, and after execution, place an order to sell at 8.8 USD to hoard coins. The liquid funds continue to wait for opportunities, with the entry price = current price × 90%, and the sale price = current price × 110%.
7. ISOs Violent Compound Interest Method: Continuously participate in sm; after new coins rise 3-5 times, withdraw the principal, and invest in the next sm, keeping the profits for cyclical operations.
8. Cyclical Band Method: Choose coins with high volatility like ETC; increase your holdings when the coin price drops, add more when it drops again, and sell after making a profit to cycle.
9. Small Coin Aggressive Play: Take 10,000 yuan and divide it into ten parts, buying ten small coins under 3 yuan each. Regardless of price fluctuations, do not sell until it rises 3-5 times, and if stuck, hold for the long term. When a coin triples, take out 1,000 yuan of principal, invest in the next small coin, and enjoy considerable compound interest gains.