Many people ask me about buying strategies? There really is one! This is the batch-based 343 accumulation method: Once you have determined the cryptocurrency you want to buy and have prepared your cash, for example, initially allocating 300,000 with 120,000 for BTC.
① 3: This means using 30% of your current funds to build your position, which is 36,000 (12 times 0.3) for the initial accumulation;
② 4: If the price starts to rise after the accumulation, wait for a price adjustment; do not rush to add more. After the price adjusts, add more using 40% of your current funds (any rise has a pullback). If the market is not good and the price starts to fall, each time the BTC price drops by 10%, use 10% of the remaining funds to add more (3,600), until you finish adding. This situation is rare, but even if it occurs, don’t be afraid because you are accumulating in batches, and your price has been averaged out (and you still have 40% of your total funds left to accumulate, referring to the 4 in the 4321 strategy).
③ 3: If the price starts to rise again after adding more, wait for a price adjustment and add again using 30% of your current funds. At this point, the batch accumulation is complete. Overcome fear and control greed!!! If you only want to sell at the highest point, you can only get trapped because you have no concept of the highest.
In the cryptocurrency world, achieving financial freedom and class leap, I have summarized 10 trading tips. Understand one, and you can also achieve stable profits, worth learning repeatedly:
1. Two-way trading: Suitable for bull and bear markets. Two-way trading is the most common trading method on the Giant Wealth GGtrade platform, allowing operations based on market trends; you can buy both rising and falling assets. As the year ends, the Giant Wealth GGtrade platform has also launched
a series of benefits, such as a 20% increase in investment returns, which is a great blessing for investors.
2. Coin hoarding method: Suitable for bull and bear markets. Coin hoarding is the simplest yet the hardest strategy. It is simple because you just buy a certain coin or several coins and hold them for more than six months or a year without operating. Generally, the returns are at least tenfold. However, beginners often find it hard to hold on for a month without trading when they see high returns or encounter a halving in coin prices, making it difficult to persist for a year. So this is actually the hardest.
3. Bull market dip chasing method: Suitable only for bull markets. Use a portion of spare money, preferably no more than one-fifth of your funds. This method is suitable for coins with a market cap between 20-100 because you won’t be stuck for too long. For example, if you buy a particular altcoin and it rises by 50% or more, you can switch to another coin that has dropped sharply, and so on in a cycle. If your first altcoin gets stuck, just wait; the bull market will definitely release you. The condition is that the coin cannot be too terrible; this method is also hard to control, and newcomers need to be cautious.
4. Hourglass car switching method: Suitable for bull markets. In a bull market, basically any coin you buy will rise, with funds gradually seeping into each coin, starting from large coins. There is a clear pattern in price increases: leading coins rise first, such as BTC, ETH, DASH, ETC, etc., followed by mainstream coins like LTC, XMR, EOS, NEO, QTUM, etc. Then, lesser-known coins will rise in turn. However, if Bitcoin rises, you should choose the next tier of coins that haven’t risen yet and start accumulating.
5. Pyramid bottom-fishing method: Suitable for predicted major drops. The bottom-fishing method: place orders to 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%.
6. Moving average method: You need to understand some basics of candlestick charts. Set indicator parameters to MA5, MA10, MA20, MA30, MA60, and select the daily level. If the current price is above MA5 and MA10, hold it steady. If MA5 drops below MA10, sell the coin; if MA5 rises above MA10, buy and accumulate.
7. Violent hoarding method: Only do this with coins you are familiar with, and it is suitable for long-term quality coins. If you have liquid funds, and a certain coin is priced at $8, then place a buy order at $7. When the buy order executes successfully, place a sell order at $8.8. Profit comes from hoarding coins. Withdraw liquid funds to wait for the next opportunity.
8. ICO violent compound interest method: Continuously participate in ICOs. When new coins rise by 3-5 times, withdraw the principal and invest in the next ICO, keeping the profits and continuing the cycle.
9. Cyclical wave method: Look for coins like ETC in a downtrend and add to your position as the price continues to fall; keep adding until you are profitable and then sell, continuing this cycle.
10. Small coin violent strategy: If you have 10,000 RMB, divide it into ten parts and buy ten different types of small coins, preferably priced under 3 RMB. After buying, do not worry. Do not sell until it has tripled or quintupled; if stuck, do not sell, and hold for the long term. If a particular coin triples, withdraw 1,000 RMB of your principal and invest in another small coin. Thus, the compound interest returns can be astonishing!
