
Having been through the crypto space for nearly 10 years, I've made profits and losses. I've dealt with ICOs, meme coins, mining, and have experienced three cycles of bull and bear markets. After summarizing countless operations, I found that the only stable way to make money is simple and straightforward, something everyone understands:
Buy in a bear market, sell in a bull market, guaranteed profit.
A bull market generally lasts 6 months to 1 year, while a bear market typically lasts 1 to 2 years. One complete cycle of bull and bear markets lasts about 3 to 4 years. Seize opportunities to earn at least 50%+ profits in each bull market, which is enough to outperform various financial products, stocks, and funds. This 50%+ profit is definitely achievable, with no suspense.
Disclaimer:
The following methods are only suitable for crypto speculators like me with limited funds (within 100,000 to 300,000) who have little technical understanding (such as not thoroughly comprehending crypto technology) and do not have access to insider information or any channels.
If you have a good understanding of some new technologies in the crypto space, are precise in selecting coins, and have accurate insights, please trust your judgment. If you have channels or insider information, please include me.
1. Only position in a bear market.
You must have patience, try to position at the bottom of a bear market (although it's impossible to buy at the true bottom of a bear market). A simple way to judge the bottom of a bear market is when no one is paying attention to Bitcoin, and the crypto space feels lifeless. You can intermittently buy during this period, which may last for a year or even longer.
2. Only buy mainstream coins.
BTC and ETH will always be the kings of the crypto space, buying in a bear market is definitely not wrong. Although they may not multiply in value, buying in a bear market and holding until a bull market will certainly yield more than a 50% increase. A top choice for large funds.
Exchange platform coins: such as BNB.
Relatively strong foundational chains: such as SOL, AVAX.
Good infrastructure coins: such as MATIC.
Strong consensus coins: Dogecoin, SHIB (I do not recommend strong consensus coins because their utility is limited and they rely entirely on the number of buyers creating consensus.)
Only mainstream coins should be heavily invested in; never heavily invest in altcoins. The logic of altcoins is to exploit retail investors. Many types of altcoins will emerge in every bull market. The altcoins that surge in this bull market may become completely dormant in the next one, overshadowed by new altcoins. Without insider information or channels, it is almost impossible to predict an altcoin before it explodes. Typically, one only learns about a surging altcoin after it has already risen, by which time it is too late to follow in. Even if it continues to rise, the likelihood is that it will undergo fluctuations. Altcoins are too volatile, and the average person cannot hold onto them regardless of whether they rise or fall. Often, one makes a small profit but takes a big loss. Ultimately, it all results in a loss.
3. Sell in the mid-term of a bull market, no further operations afterward.
In the early stages of a bull market, BTC will slowly rise, standing out, driving ETH up. At this time, some good mainstream coins will follow, while other coins rise slowly, and very few altcoins will surge wildly.
In the mid-term of a bull market, BTC and ETH fluctuate upward, mainstream coins rally, and altcoins begin to take off.
In the later stages of a bull market, BTC may fluctuate downward, while ETH may continue to surge. Mainstream coins will successively reach new highs, and the high-profile altcoins of the next bull market may surge several times, even dozens or hundreds of times.
At the end of a bull market, BTC may drop thousands or even tens of thousands of points, then recover slightly. The first sharp drop recovers quickly, creating an illusion of mere adjustment. After two or three such drops, the bull market is declared over. If you get stuck at this point, please don't hold onto false hopes; cut your losses in time. Otherwise, your capital will be dragged into an endless abyss.
3. Do not gamble on luck during a bull market.
There are many opportunities in a bull market, especially in the later stages of the bull market when altcoins soar wildly, and many altcoins rise several times, which can be very tempting. It's easy to impulsively follow in or make a hasty decision to heavily invest in promising but yet-to-explode altcoins, while being overly confident in waiting for them to skyrocket. This mindset is best avoided; it is akin to gambling and has nothing to do with investing.
Each bull market will give rise to many altcoins that exploit retail investors, with strong hype and seemingly powerful backgrounds, increasing sharply. Resist the temptation; you'll know who was swimming naked when the tide goes out. When BTC plummets, and the bear market arrives, these altcoins will be cut in half or even near zero.
If you can't resist the temptation, you can only invest a very small amount of money to play around. Even if you make a small profit, do not impulsively go all-in. Absolutely do not, absolutely do not, absolutely do not. This is gambling, and gambling cannot always be in your favor. I’m not afraid if you make a hundred small profits; I’m afraid you lose once and wipe out all your capital. Don’t fantasize about going all-in on an altcoin and then becoming rich; that’s like dreaming of winning the lottery, a super low-probability event. Small investments can be treated as entertainment, but treating them as investments is a huge mistake.
4. More patience, less impulsiveness.
After buying in a bear market, you need to patiently wait to sell in a bull market. Do not make operations during the fluctuations; waiting requires patience.
After selling in a bull market, patiently wait for the bull market to collapse and enter a bear market. This may take one to two years. Don’t impulsively try to buy near the peak, but wait patiently for the moment it hits the bottom.
After making profits by selling in a bull market, don’t be tempted to impulsively play with altcoins. If you really want to take a gamble, only use a maximum of 10% of your funds.
5. Capital is always the most important.
If you accidentally make a wrong operation and get stuck, the most important thing is to preserve your principal as much as possible. During a crypto market crash, be willing to cut losses promptly to protect most of your capital and your basic position. There is still hope for a comeback. Be patient and wait for the crypto market to fall into the abyss before using the remaining capital to buy at the bottom. Don’t get stuck and go down with the market; often, if you sell a stuck coin before the market crashes, you may lose only up to 50% of your principal. If you ignore it and let it fall, holding on until the coin plunges into the bottom with the market, the remaining capital will have almost no chance of recovering.