How to make money in the cryptocurrency circle
1. Hoarding coin method: suitable for bull and bear markets.
Hoarding coin method is the simplest and most difficult way to play. The simplest reason is that after buying a certain coin or several coins, you hold them for half a year or more without operating them. Basically, the lowest return is ten times. However, it is easy for novices to see high returns, or when the price of the coin is cut in half, they plan to change or get off the car. Many people find it difficult to stick to not operating for a month, let alone a year. So this is actually the most difficult.
2. Bull market chasing method: only suitable for bull markets.
Use part of the spare money, preferably not more than one-fifth of the funds. This method is suitable for playing coins with a market value of 20-100, because at least it will not be locked in for too long. For example, if you buy the first altcoin, and wait for it to rise by 50% or more, you can change it to the next coin that plummets, and so on. If your first altcoin is locked in, then continue to wait, and the bull market will definitely be able to get out of it. Under the premise that the currency cannot be too pitfall, this method is actually not easy to control, and newcomers need to be cautious.
3. Hourglass car-changing method: suitable for bull market.
In a bull market, basically any coin you buy will rise, and funds are like a giant hourglass that slowly seeps into each coin, starting with the big coins. There is an obvious rule for the rise in coin prices, that is, the leading coins rise first, such as BTC, ETH, DASH, ETC, etc., and then the mainstream coins begin to rise, such as LTC, XMR, BNB, NEO, DOGE, SHIB, etc. Then the coins that have not risen will rise generally, such as RDN, XRP, ZEC, etc., and then various small coins will rise in turn. But if Bitcoin rises, you will pick the next level, the coin that has not risen yet, and then start to build a position
4. Pyramid bottom-picking method: suitable for predicted big crashes.
Bottom-picking method: Entrust 80% of the coin price to buy one-tenth of the bullet position, entrust 70% of the coin price to buy two-tenths of the bullet position, entrust 60% of the coin price to buy three-tenths of the bullet position, and entrust 50% of the coin price to buy four-tenths of the bullet position.
5. Moving average method: You need to understand the basics of K-line.
Set the indicator parameters as MA5, MA10, MA20, MA30, MA60, and select the one-day line. If the current price is above the MA5 and MA10 lines, hold it firmly. If MA5 falls below MA10, sell the currency. If MA5 rises above MA10, buy and open a position.
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