Simple and practical tips for bottom-fishing in the cryptocurrency circle:
1. Divide the money into batches: Suppose you have 10,000 U, divide it into five parts, and use one of them for each transaction, which is 2,000 U.
2. Buy some first and try: Use the 2000u to buy a coin first to try.
3. Buy more if it drops: If the price of this coin drops by 10%, then use another portion of money to buy it.
4. Sell when the price goes up: If the price of the currency goes up by 10%, then sell one quickly and make some money.
5. Repeat the above steps: buy and sell until you have spent all your money or sold all your coins.
The benefit of this trick: The benefit of this strategy is that even if the price of the currency drops, you don't have to panic because you can continue to buy. In fact, if you have bought all five shares, the price of the currency has at least dropped by half. But unless the market is particularly bad, the price of the currency will not fall so fast. And every time you sell, you can make 10% of the money. For example, if you have 100,000 U and use 20,000 U each time, you can make 2,000 U each time.
4 cryptocurrencies worth buying at the bottom, which may achieve 100 times returns by the end of the year!
TON
TON (The Open Network) is a Layer 1 smart contract network specifically for financial applications. It was originally developed by Telegram co-founder Nikolai Durov as the "Telegram Open Network" but was relaunched as "The Open Network" under the TON Foundation.
This coin has been a monster that has generated huge profits for investors since October 2023. Even as most altcoins have struggled against Bitcoin, Toncoin, on the other hand, has outperformed Bitcoin. TON recently hit an all-time high of $8.25 in June, which is only 8.9% down from its all-time high.
The project has shown resilience against Bitcoin and could be one of the first coins to recover and then hit new all-time highs in the coming days. So if you are looking for a way to double your investment quickly, this project could help you do that before the rest of the market recovers.
RNDR
is the token that powers the Render Network, a platform for faster and cheaper rendering of digital content. Created by OTOY, RNDR helps artists and creators use excess GPU power through the blockchain. This clever use of technology could revolutionize digital art and 3D content production. Even with the recent market drop, RNDR is showing an exciting pattern similar to the 2021 bull run. It looks to be a strong contender for the next altcoin season, with high potential for growth and innovation.
Jupp
According to CoinGecko, Jupiter is a decentralized exchange (DEX) aggregator that allows users to exchange tokens in the Solana ecosystem at the best prices, with low slippage and low transaction fees. It also provides users with the best route to swap directly between multiple exchanges and liquidity pools.
As can be seen in the chart above, JUP is showing resilience and is still trading above $0.67, compared to its all-time high of $2.00.
The most important thing is that Jupiter is the top DEX on the Solana blockchain, and as the SOL ecosystem grows, JUP will increase. So, I believe this project will recover quickly in the coming days and weeks.
ICP
ICP is the governance token of the Internet Computer project, which proposes the concept of a "world computer" blockchain through advanced cryptographic technology. Recently, ICP has partnered with the United Nations Development Programme (UNDP) and DFINITY Foundation to improve access to finance for micro, small and medium enterprises (MSMEs) around the world through the Universal Trusted Credentials (UTC) program. The focus of this collaboration is to promote cross-border data trust, enhance domestic financing channels for MSMEs, and unlock the potential of trade finance between participating countries.
ICP exhibits high liquidity relative to its market capitalization. The 14-day relative strength index (RSI) is at 37.51, indicating that the coin is neutral and may continue to trade sideways. Despite high volatility of 15%, ICP’s significant annual growth and strong market position make it one of the most interesting cryptocurrencies to watch right now.
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