In fact, there are three types of transactions that can make money in the cryptocurrency market. Being able to clearly distinguish what is being bought and sold each time directly determines the outcome:
1. Trading facts
For example, we can buy Bitcoin and Ethereum based on facts, because they have become the number one or two leaders in the market, so buying it is buying facts.
Once there is a new one among them to replace it and become Dragon One or Dragon Two, it will be sold. This is the fact that it is being sold.
This is called a transaction fact.
2. Buying and selling expectations
For example, when buying AI stocks, it is obviously not among the top ten in the market by market value, but in the recent June and July, there were press conferences and Nvidia’s financial report releases, and there were a lot of actions.
Therefore, once these buying actions occur, they will bring about an increase.
But if the press conference is over and the upgrade is completed, it will be sold against the facts.
It’s not because there is no hope or it no longer holds its value, but because we need to find new expectations.
This is called buying and selling expectations.
3. Buying and selling logic
There is neither expected nor actual leader, but we can be sure that this thing is in line with the trend in the long run, but there is no specific time, it may be 10 years later or even decades later.
For example, when buying bitcoin in a bear market, you cannot predict the short-term price, but according to the logic of the upward trend of something, the peak of the next bull market will be higher than the previous one, so you choose to buy.
But the exact time is unknown. The logic is that in a market with external capital inflows, the leading stock will inevitably rise gradually.
This is buying and selling based on logic. Logic can be used as a reference, but it cannot be used directly as a trading object.
That is to say, you may experience many ups and downs in the middle, and you may ride a roller coaster, so if you want to buy and sell based on logic, and there is a time limit for the use of funds, you need to hedge in order to sell well.
Before each operation, if you clearly distinguish what you are buying and selling and maintain the consistency of buying and selling, you can surpass 95% of the people in the market!
Learn how to buy the bottom of 3 cryptocurrencies that will increase 100 times in the future bull market!
1.GRT
As the ecosystem continues to expand, The Graph (GRT) is expected to experience significant growth opportunities in the coming trading sessions. Recently, The Graph cryptocurrency has become the focus of the market, and the foundation behind it has announced a 4 million GRT Sunrise upgrade plan. This grand blueprint aims to completely revolutionize the way global data is accessed. Through this program, anyone has the opportunity to participate in various on-chain and off-chain tasks and receive a corresponding share of rewards.
Given the extensive expansion and enhancement of The Graph ecosystem, its price is expected to show a significant upward trend. However, according to market analysts’ predictions, the price of GRT may reach $0.5041 by the end of 2024. This predicted price makes GRT one of the most high-profile cryptocurrencies with great investment potential in the current market.
2. BABY
Pepe may seem like a less exciting choice, but it currently offers a notable investment opportunity due to a recent 7% drop in value. This drop suggests it is a great opportunity for swing trading. Pepe is down 14% in the past week and 22% in the past month.
However, in stark contrast to this short-term decline, Pepe has experienced a massive 700% gain over the past year, indicating high volatility but also strong growth potential. Currently, Pepe has a market cap of $2.7 billion.
Recently, its market cap has risen to $5 billion, suggesting that it could double in value by the end of the current bull run. Given this potential, investors might consider allocating a small portion of their portfolio to Pepe, which could provide a safe but modest return.
This approach offers a conservative way to benefit from Pepe’s expected growth without taking on too much risk. Additionally, it is worth noting that Pepe has been listed on Coinbase, a development that emphasizes its legitimacy and increases its visibility among investors.
This listing could help it become one of the top three memecoins, behind Dogecoin and Shiba Inu. Given these dynamics, Pepe is not only a viable investment due to its potential high returns, but also a relatively stable choice in the volatile memecoin market.
3. GHOST
Aave allows users to lend and borrow various cryptocurrencies using smart contracts. The protocol allows users to earn interest by lending their tokens or taking out loans using their cryptocurrency holdings as collateral. Additionally, Aave has a “flash loan” feature that allows users to borrow without collateral, provided the loan is repaid within the same transaction block.
The platform also features a staking mechanism where users can stake their AAVE tokens to earn a portion of the platform fees. As of the latest update, AAVE is trading at $90.02, with an intraday gain of 4.44% and a gain of 6.16% over the last week. The token has seen a massive 42% price increase over the last year and is trading above its 200-day simple moving average.
AAVE has experienced 16 positive trading days in the past 30 days, indicating that the market favors positive momentum. Looking ahead, Aave Labs has outlined ambitious upgrade plans including Aave V4, the Aave Network, and a cross-chain liquidity layer. Aave V4 is planned to feature a new architecture centered around a unified liquidity layer, designed to enhance liquidity provision while maintaining flexibility for future platform enhancements.
Additionally, it is designed to manage various aspects such as supply/withdrawal caps, interest rates, and assets. Aave’s solid foundation and loyal cryptocurrency community bode well for future growth. Partnership announcements with other networks could push the price of AAVE coin past $219.87 by the end of the year.
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