In the cryptocurrency market, the worst thing is blind trading - pursuing this hot spot and then that one, ending up not making any money and losing quite a bit of U. In fact, making U doesn't have to be so complicated; I have organized 5 practical methods that cover both bull and bear markets, from simple coin hoarding to techniques like the moving average method. As long as you can skillfully use 3 of them, you basically don't have to worry about not making U.
Coin Hoarding Method: Usable in both bull and bear markets; it's a strategy that looks simple but is difficult to execute. The operation involves buying good coins and holding them for at least six months to a year without moving, normally achieving a minimum of tenfold returns.
But beginners easily run into problems - either they see others' coins rising significantly and want to switch, or they panic and sell when the price drops. Many people find it difficult to refrain from trading for even a month, let alone persist for a year, which is what makes it difficult.
Bull Market Dip Buying Method: Only used in a bull market, and it should not exceed one-fifth of the total funds. Just choose cryptocurrencies with a market cap ranking between 20 and 100, which generally won't get stuck for too long.
For example, buy a altcoin, wait for it to rise more than 50% and then sell it, and exchange it for another one that has just crashed, repeating this cycle. If the first coin gets stuck, there's no need to panic; as long as the coin isn't too bad in a bull market, it will eventually get unstuck. However, this strategy is also difficult to control, as funds in a bull market flow like an hourglass, slowly moving from large coins to small coins, and all coins will generally rise, but the timing must be precise.
Pyramid Bottom Buying Method: Suitable for predicting major crashes. The specific operation is to place orders in advance at 80%, 70%, 60%, and 50% of the coin price, with position ratios corresponding to one-tenth, one-fifth, one-third, and one-fourth. For example, if the current price of a coin is $100, place orders at $80, $70, $60, and $50 respectively, gradually increasing the weight of each purchase. This can lower costs and avoid buying in the middle of a downturn.
Moving Average Method: You need to understand some basic K-line patterns, just adjust the daily indicators to MA5, MA10, MA20, MA30, and MA60.
In practical use, as long as the current price is above MA5 and MA10, you can hold it confidently; if MA5 falls below MA10, sell the coin first; wait until MA5 rises again and breaks above MA10 before buying back to build your position, following the signals of the moving averages without guessing.
Aggressive Coin Hoarding Method: Suitable for long-term quality coins you are familiar with. For example, if you have a certain amount of liquid funds, and a coin is currently $8, place a buy order at $7 (which is about 90% of the current price). After buying it, place a sell order at $8.8 (110% of the current price), using all the profits to hoard this coin, while waiting for the next opportunity with the remaining liquid funds. If you encounter three such opportunities in a month, you can accumulate a lot of coins. Unless the coin increases by 3 to 5 times, don't sell; following this logic over the long term can accumulate a significant amount of chips.
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