In the past few years, the prices of cryptocurrencies have fluctuated wildly, and this instability is mostly caused by market sentiment. Even seasoned investors can spend recklessly out of fear of missing out on something of unclear value.
After experiencing a wave of bull and bear markets, many people realize that most altcoins are not as good as what their white papers claim, and some even plan to freeload from the start. To avoid losses from blindly following trends.
First, remember this phrase: in trading coins, mindset is more important than technique. Make money in a bull market, earn coins in a bear market, don't cut losses in a bull market, and accumulate in a bear market!
Accumulation Method
Suitable for bull markets and bear markets. The accumulation method is the simplest yet the hardest strategy. The simplest part is just buying a certain coin or several coins and holding them for six months or more without any action. Generally, the minimum yield is ten times. However, newcomers often find it hard to resist high yields or panic when the coin price is halved, planning to switch coins or exit. Many find it difficult to hold for a month, let alone a year. So this is actually also the hardest.
Bull Market Buy the Dip Method
Only suitable for bull markets. Use a portion of spare funds, preferably no more than one-fifth of your capital. This strategy is suitable for coins with a market cap between 20-100, as you won't be stuck for too long. For example, if you buy the first altcoin,
Wait until it rises by 50% or more before switching to the next coin that is plummeting, and repeat the cycle. If you get stuck in the first altcoin, just wait; a bull market will definitely free you. However, it shouldn't be too much of a hassle; this method is not easy to control, so newcomers need to be cautious.
Hourglass Switching Method
Suitable for bull markets. In a bull market, basically any coin you buy will rise, and the funds are like a giant hourglass slowly seeping into each coin, starting with large coins. There is a clear pattern in price rises: first, the leaders rise, such as BTC, ETH, DASH, ETC, etc., followed by mainstream coins like LTC, XMR, EOS, NEO, QTUM, etc. Then, the coins that haven't risen will rise together, like RDN, XRP, ZEC, etc., and finally, various small coins will take turns rising. But if Bitcoin rises, choose the next level of coins that haven't risen yet, and start building your position.
Pyramid Bottom-Fishing Method
Suitable for predicting a major crash. Bottom-fishing method: place orders to buy one-tenth of your position at 80% of the coin price, two-tenths at 70%, three-tenths at 60%, and four-tenths at 50%.
Moving Average Method
You should understand some basics of candlestick charts. Set the indicator parameters to MA5, MA10, MA20, MA30, MA60, and choose a daily line level. If the current price is above MA5 and MA10, hold steady. If MA5 drops below MA10, sell the coin; if MA5 rises above MA10, buy to build your position.
Violent Accumulation Method
Stick to coins you are familiar with; only suitable for long-term quality coins. Have a certain amount of liquid funds; if a coin is currently priced at $8, place an order to buy at $7. When the buy order is successfully executed, place a sell order at $8.8. The profit can be used to accumulate coins. Withdraw the liquid funds and continue to wait for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, you can accumulate a lot of coins. The formula is: entry price = current price * 90%, selling price = current price * 110%!
Aisou Violent Compound Interest Method +
Continuously participate in ICOs. After the new coin has risen by 3-5 times, withdraw your principal and invest in the next ICO, keeping the profits and continuing the cycle.
Cyclic Wave Method
Find coins like ETC that are considered black market, and increase your holdings when the price keeps falling. Continue to add to your position as it drops further, then wait until you make a profit to sell, repeating the cycle.
Small Market Violent Strategy
If you have 10,000 yuan, divide it into ten parts and buy ten different types of small coins, preferably priced under 3 yuan. After buying, don't worry about it. Don't sell until it triples or quintupled; if stuck, do not sell, hold it as a long position.
If a certain coin triples, withdraw your principal of 1000 yuan and invest in the next small coin. This can lead to astonishing compound returns! The strategies listed above are suitable for newcomers; it's recommended to study them slowly! Choose the strategy that suits you. After building your position, hold steady. Don't sell if you're not making a profit; if you're stuck, you need to hold even more firmly, don't cut losses.
#Experienced Trader#
1. Judge the trend of a coin and predict a trend lasting more than a month. Most trends within a month will only show one trend: rising. So build your position at low levels, refrain from trading, and check your profits after a month. Even if it triples, you don’t need to sell because quality coins can multiply dozens or hundreds of times. Alternatively, conservatively double your investment to recover your principal, and keep the profits.
2. Do not engage in any short selling operations, especially futures; these are extremely difficult and can result in losing your entire position in an instant. In a downtrend, it's better to be stuck than to short sell because, in the long-term trend, you will definitely have the opportunity to break out.
3. Price predictions are misleading; you can only roughly judge the general trend. Leave the rest to time to complete. Don't get too immersed in technical analysis; in trading, stock-style technical analysis is not particularly effective and can only serve as a slight reference.
4. Don't stake too much; use spare money to play. Your psychological pressure will be much lighter. Trading is not your life. Don't put all your funds into one coin; when you make a profit, take the profits and leave the principal to play.
5. In the world of trading coins, easy gains are the most profitable. Don't think that the more you operate, the more money you make. What you need to do is choose one or two good coins and hold them continuously, or invest regularly if you have spare money, treating it like a savings account. The greatest gains often come from buying a coin, forgetting about it, and looking again years later.
6. Position control and risk management are very important. Many people operate the same coins but end up earning far less than others because each person's timing for building positions is different. Since you can't buy at the lowest price, don't go heavy on your position; it's best to go light when buying at high prices. Building positions at low prices will always be your safety zone. Position control is about allocating the most suitable amount to several good coins. I generally advise newcomers: Bitcoin, altcoins, and liquid funds should be in a ratio of 1:1:1. Also, learn to build positions in batches: build part of your position at the current price, then add more during a plunge, which can keep your cost price very low for each coin.
7. Don't constantly watch the market; don't think about trading all day. Wealth is external; the most important things for you are to sleep, work, and eat peacefully.
These days, I'm preparing for the opening of a godly order!!!
Comment 168, get on board!!!
Uncertainty brings uncertainty brings uncertainty!!!
Important things should be said three times!!!
