{Yun Dao Digital Research Academy}
In the highly volatile cryptocurrency market, each price drop may present a good opportunity for investors to adjust their positions. This article will explore how to position certain cryptocurrencies during market downturns and share personal trading strategies and insights.
1. Market downturn: Timing for positioning
Market downturns often come with panic and uncertainty, but for visionary investors, this is the perfect time to position themselves. Among many cryptocurrencies, there are several that are particularly worth paying attention to:
• MIMI: As an emerging cryptocurrency, MIMI attracts investors' attention with its unique market positioning and potential for growth.
• Dogecoin (DOGE): As a representative of meme culture, Dogecoin has a strong influence on social media, and its price fluctuations provide opportunities for short-term traders.
• PEPE: As a meme-based cryptocurrency, PEPE's community engagement and cultural value make it a focal point for investors.
2. Application-based cryptocurrencies: BNB, SOL, SUI, UNI
In addition to the aforementioned meme coins, there are some cryptocurrencies that are valued for their practical applications:
• BNB: As the fuel of the Binance ecosystem, BNB is not only used to pay transaction fees but also has a wide range of application scenarios.
Solana (SOL): Known for its high throughput and low transaction fees, Solana is becoming an important platform in decentralized finance (DeFi) and the NFT market.
• SUI: As an emerging blockchain platform, SUI attracts developers and users with its high performance and scalability.
• Uniswap (UNI): As a representative of decentralized exchanges, Uniswap allows users to participate in platform governance through its governance token, UNI.
3. Personal investment strategy: Holding BTC and ETH
I personally choose to hold Bitcoin (BTC) and Ethereum (ETH), as these two cryptocurrencies, being market leaders, possess high stability and wide acceptance. I plan to hold these assets until around October 2025, at which point I will make adjustments based on market conditions.
4. Light trading and automatic buy/sell point prompts
In the current market environment, I adopt a light trading strategy to reduce risk and maintain flexibility. At the same time, I use the automatic prompt feature of trading software to assist in decision-making, as these software tools analyze market data through algorithms and provide me with buy and sell point suggestions.
5. Simplicity is the ultimate sophistication: The philosophy of trading
In trading, I follow the principle of 'simplicity is the ultimate sophistication.' This means I try to minimize complex trading strategies and focus on core market trends and signals to simplify the decision-making process.
Conclusion
The cryptocurrency market is a field full of opportunities and challenges. By carefully selecting investment targets and adopting reasonable trading strategies, we can find our foothold in this market. Partners with ideas are welcome to leave comments and discuss the art of cryptocurrency investment together.
