Looking ahead to the next month, the market appears to remain consolidating, however, after August, a significant bull run is expected. In the meantime, here are some strategies to keep in mind when choosing to invest in tokens:
Types of tokens worth investing in:
Hot-focus tokens: such as memes, etc. These tokens can rebound quickly and have a large early decline, which can easily attract the attention of funds.
Fundamentally sound altcoins or popular sector members: Choose projects that have good fundamentals, whether they are altcoins or popular sector members.
Tokens that will not face large-amount unlocking pressure in the next ten months: Ensure that the selected tokens will not face the risk of selling pressure caused by large-amount unlocking in the long term.
Types of tokens to avoid investing in:
Old and weak altcoins: such as BCH, EOS, etc., these tokens have lost market vitality.
Tokens with insufficient management capabilities or bad records: such as ARB, ACE, etc. Projects with management problems or historical stains should be treated with caution.
Tokens with recent large-scale unlocking arrangements by VCs: Such tokens may fluctuate due to selling pressure caused by unlocking, and it is recommended to avoid them.
Investment strategies should focus on market hot spots, project fundamentals and unlocking schedules, while avoiding tokens with bleak prospects, poor management, or facing unlocking risks.
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My positioning is very accurate, and all old fans know what the strength is.
After the market plummeted, Sanjin also lurked some potential coins that were ready to explode.
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