Alternative currencies are suffering.. How should I act now!? 🩸
Let's agree that every sharp correction is an opportunity for consolidation
In the (DCA) method, especially since fluctuations will be
Greater and more severe as the US elections approach.
1️⃣ Investment currencies:
Dealing with investment currencies is done in the manner of
Gradual entry (DCA) with every sharp correction
Some good projects for consolidation (DCA) in my opinion:
- $AEVO
- $EIGEN
- $SFUND
- $METIS
- $ZRO
- $MOCA
There are other good currencies, but I am currently interested in these
Projects and I expect them to move well when the market improves.
2️⃣ Currencies (speculative):
These currencies are entered based on on-chain data from smart wallets or withdrawals from platforms or abnormal purchases from the (DEX)
and other data.
In speculative currencies (very, very, very important), you place stop-loss orders (SL) due to their high risk
and also because they are severely affected by market fluctuations.
3️⃣ In times of fear (and severe fluctuations)
Move your money and investment currencies to an external wallet or transfer them to well-known central platforms
and reputable such as Binance - Bybit - Okx.
This is what I personally do at these times
and your strategy or method of dealing with this market may differ (so your personal research is more important than mine). 🙏🏻