4 Major Ways to Make Money in Cryptocurrency: Master the Following Three to Earn Easily!

1. Long-term Holding Strategy: Suitable for Bull and Bear Markets

The long-term holding strategy is one of the simplest yet most challenging strategies. Choose some cryptocurrencies and hold them for more than six months or a year without any trading operations. Usually, this strategy can yield at least ten times the investment return. However, many beginners find it difficult to stick with it due to price fluctuations, which is the biggest challenge of this strategy.

2. Bull Market Momentum Strategy: Suitable Only for Bull Markets

In a bull market, use no more than one-fifth of your total funds as idle cash. This strategy is suitable for selecting cryptocurrencies ranked between 20 and 100 by market capitalization, as these cryptocurrencies typically won't be stuck for long periods. For example, when a certain altcoin rises by 50% or more, it can be exchanged for another temporarily declining cryptocurrency, and so on. If the selected cryptocurrency gets stuck, remain patient and wait, as bull markets often provide opportunities to exit positions. However, the success of this strategy depends on the quality of the selected cryptocurrencies and the market environment, so beginners should operate cautiously.

3. Capital Hourglass Strategy: Suitable for Bull Markets

In a bull market, funds typically flow gradually from large-cap cryptocurrencies to small-cap cryptocurrencies, resembling a giant hourglass. Price increases usually begin with leading large-cap coins and then gradually spread to other cryptocurrencies.

4. Pyramid Bottom-Fishing Method: Suitable for Predictable Significant Drops

This strategy is applicable in situations where a large-scale drop can be anticipated. When bottom-fishing, you can place orders in batches at 80%, 70%, 60%, and 50% of the coin's price, using one-tenth, one-fifth, one-third, and one-fourth of the position size for capital allocation.

These strategies each have their advantages and risks, and it's essential to choose a strategy that suits your risk tolerance and market environment.