Gala is booming when it is rising. This cryptocurrency can be operated in three stages in each round of bear-bull cycle.
The first is the bear market low point entry stage. When the bear and bull alternate, usually when its increase reaches 300 to 400%, it will be converted to holding Bitcoin. For example, if you buy Gala when Bitcoin is at 17,000 in this round, its price will rise by about four times from January to March 2023.
The second is the bargain hunting stage during the shock period after the bull market. When Bitcoin falls back to around 20,000, you can buy it.
The third is the bargain hunting stage in the early stage of the bull market, that is, the current period. Once it enters the middle and late stages, there will often be a single-day increase of up to 30%.
At this time, the expected profit target should be enlarged and sold in batches until the end of this round of bull market.
I followed this strategy in this round. At the end of last year, when Bitcoin was at 17,000, I invested 100,000 USDT to buy Gala, and converted it into holding Bitcoin after it quadrupled in value.
From June to August this year, I bought another 3 million Galas, and plan to sell them in batches from February to April and October to November next year. In the next cycle, I will continue to use this operation mode, after all, I only focus on familiar cryptocurrency varieties for investment operations.
