Several ways to make money in the coin circle: Those who can skillfully use three can easily earn U!
1. Coin Hoarding Method: Suitable for bull and bear markets.
Coin hoarding is the simplest but also the most difficult strategy. The simplest part is to simply buy certain coins and hold them for half a year or more without doing anything. Usually, the minimum return can reach ten times. However, novices often want to exchange or sell coins because they see high returns or sharp price drops, and many people find it difficult to stick to not operating for a month, let alone a year, which is why this is the most difficult part.
2. Bull Market Chasing Dip Method: Only applicable to bull markets.
Use no more than one-fifth of the total funds as idle money. This strategy is suitable for coins ranked between 20 and 100 in market value, because at least they will not be trapped for a long time. For example, if you buy an altcoin, wait for it to rise by 50% or more, and you can exchange it for another coin that has plummeted, and so on. If your first altcoin is trapped, then continue to wait, the bull market will definitely unlock it. But the premise is that the selected coin cannot be too bad, and this strategy is actually not easy to control. In a bull market, almost all coins will rise, and funds are like a huge hourglass, slowly penetrating into every coin, starting from big coins.
3. Pyramid Bottom Hunting Method: Suitable for foreseeable major crashes. Bottom hunting method: Entrust purchases at 80%, 70%, 60%, and 50% of the coin price, respectively, according to the position ratio of one-tenth, two-tenths, three-tenths, and four-tenths.
4. Moving Average Method: Requires some basic knowledge of K-lines. Set the indicator parameters MA5, MA10, MA20,
MA30, MA60, and select the daily level. If the current price is higher than the MA5 and MA10 lines, hold steadily. If MA5 falls below MA10, sell the coin; if MA5 breaks through MA10, buy and establish a position.
5. Violent Coin Hoarding Method: Suitable for long-term high-quality coins that you are familiar with. If there is a sum of circulating funds, for example, if the current price of a certain coin is $8, buy it at a price of $7, and after the purchase is successful, sell it at a price of $8.8. The profit is used to hoard coins. The circulating funds are used to wait for the next opportunity. Adjust dynamically according to the current price. If there are three such opportunities in a month, you can hoard a lot of coins. The formula is: the position building price is equal to 90% of the current price, and the selling price is equal to 110% of the current price. Unless the increase reaches 3-5 times, do not sell it. I believe you should gain something after reading it.