Tips for speculating on coins
In the field of currency investment, mastering some small skills is crucial to discovering potential coins and obtaining considerable investment returns. Here are some practical suggestions:
1. Discover potential currencies
1. Pay attention to the currencies with significant recent gains:
Pay attention to currencies that have increased by more than 100% in the past two months. These coins tend to show strong upside potential.
Similar to outstanding individuals in life, currencies with excellent historical performance are more likely to continue to perform well in the future.
Prefer currencies with stable growth, as they usually have more sustainable upward momentum.
2. Pay attention to currencies with new historical highs and stability:
Don’t be deterred just because currency prices have hit new highs. Many bull coins hit all-time highs before taking off.
Choose those currencies that have been online for more than half a year and have stable performance. They are more likely to withstand the test of the market.
2. Waiting for mid-term adjustments
The mid-term adjustment is the crucial waiting period, which usually lasts at least two months.
This stage allows overheated funds to cool down, promotes the changing hands of profitable investors, and contributes to market stability.
For currencies that perform particularly strongly in the first wave, the adjustment period may be shorter, but patience is still required.
3. Seize the opportunity for resonance between the index and the sector
After the mid-term adjustment meets the conditions, it does not mean that you can enter the market immediately.
You need to wait for the overall market and specific sectors to show resonance signals, which is the best time to enter the market.
Resonance signals include the start of medium and long-term positive lines with heavy volume and narrow range shocks with shrinkage.
By following these tips, you will be more likely to discover the real potential coins in the complicated market and invest at the right time, thereby increasing the probability of investment success.
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In the current ups and downs of the market, blindly going it alone will never bring opportunities!