8 Personal Tips for Steady Profits in Cryptocurrency Trading, Hope This Helps Everyone!!!
8 Personal Tips for Steady Profits in Cryptocurrency Trading, Hope This Helps Everyone 😀😀
1. Holding Method (Long-term Holding)
Applicable Market: Bull and Bear Markets
Strategy: Select quality cryptocurrencies (such as BTC, ETH), buy and hold for the long term (at least 6 months to 1 year), ignore short-term fluctuations.
⚠ Difficulty: Requires extreme patience, beginners may frequently trade due to short-term price changes.
2. Buying During Bull Market Corrections (Trend Following)
Applicable Market: Bull Market
Strategy: Use no more than 20% of your portfolio, choose altcoins ranked 20-100 by market cap, buy during corrections, and switch to the next oversold coin after a 50% increase.
⚠ Risk: If the wrong coin is chosen, it may lead to losses; ensure a bull market environment to recover losses.
3. Rotational Switching Method (Sector Rotation)
Applicable Market: Bull Market
Strategy: Funds flow like an hourglass, BTC, ETH rise first → mainstream coins (such as LTC, SOL) follow → smaller coins catch up.
Operation: After large coins have risen, switch to the next tier of coins that have not yet started.
4. Pyramid Bottom Buying Method (Incremental Buying)
Applicable Market: Market Crash
Strategy: Buy in stages (e.g., buy 10% at 80% drop, 20% at 70% drop, 30% at 60% drop, 40% at 50% drop) to lower the average price.
⚠ Key: Must assess whether the market has hit bottom to avoid premature full investment.
5. Moving Average Trading Method (Technical Analysis)
Applicable Market: Volatile or Trending Markets
Strategy:
Buy: MA5 crosses above MA10 (Golden Cross)
Sell: MA5 crosses below MA10 (Death Cross)
⚠ Suitable for: Those with a certain foundation in candlestick patterns, to avoid frequent false signals.
6. Grid Holding Method (Buy Low, Sell High)
Applicable Market: Volatile Market
Strategy: For favored long-term coins, set buy price (current price × 90%), sell price (current price × 110%), and repeatedly profit.
Advantage: Suitable for volatile markets, increases the number of holdings.
7. IEO Compound Interest Method (New Coin Arbitrage)
Applicable Market: Bull Market or Popular IEOs
Strategy: Participate in new coin subscriptions on exchanges, withdraw principal after a 3-5 times increase, and reinvest profits into the next IEO.
⚠ Risk: New coins may drop below issue price; need to choose quality projects.
8. Swing Position Adding Method (High Volatility Coins)
Applicable Market: Volatile or Trending Markets
Strategy: Choose highly volatile coins (such as ETC), add positions in batches during declines, and sell for profits after rebounds.