Share the operating strategy for the future direction!
① Position allocation
First, the core assets of a bull market should focus on BTC, ETH, and SOL; it is recommended to allocate about 50-70% of the position to these coins.
You can pick 1-2 of them, open 2-3 times leverage for long-term investment, this is the bottom asset in a bull market.
Especially BTC, after experiencing this bull market, it will definitely become a 'digital gold' similar to gold, with prices gradually increasing, just like gold and US stocks.
② Altcoin operation
For altcoins, the main strategy is to operate on the right side, closely following market hotspots, it is recommended to hold 30-50% of the position. For example, if you notice ETH's strong performance recently, focus on related projects in the ETH ecosystem, such as Layer 2 scaling or staking coins.
Take a large position to make a wave, you can withdraw with a 20-30% profit, leave 1/3 or half of the position with a stop loss at the original price, maintain a big picture, so you can make profits in a bull market.
Which sector has started to move, you can follow coins that haven't risen too much, waiting for them to rise together.
5 cryptocurrencies that may explode 100 times in the big altcoin bull market!!
ENS
Recently, there has been a significant increase in the price of Ethereum Name Service (ENS), possibly indicating an important signal in the market. On January 3, 2024, Ethereum co-founder Vitalik Buterin emphasized the importance of ENS for Ethereum users, especially for Layer 2 (L2) network users, on the X platform. He called for L2 networks to accelerate the integration of ENS features to enhance user experience and strengthen Ethereum's scalability.
The close association between ENS and Ethereum, if this trend continues, projects strongly related to Ethereum's Layer 2 network may usher in a new round of increases driven by L2 ecosystem expansion.
DOGE
Dogecoin (Dogecoin) is expected to become one of the payment currencies, thanks to strong support from Elon Musk; it is the first MEME coin, similar to Bitcoin's status in cryptocurrency - the MEME king.
If you haven't invested in Dogecoin yet, the pullback is an excellent opportunity!
As long as Dogecoin's price can break through the $0.5 barrier, it will have entered the 'bull market' gate. Moreover, Trump's inauguration may provide another boost to Dogecoin, driving it towards the $1 target.
XRP
As one of the altcoins worth watching, XRP has seen a significant recovery, with its trading price hitting a high of $1.47 after a nearly 10.5% value increase. In the past week and month, SOL's price has risen 30% and 179% respectively, making it one of the best-performing currencies in the market.
The rise in XRP's price can be attributed to Ripple's partnership with Archax to launch a tokenized money market fund on the XRP ledger, aiming to enter the $16 trillion tokenized asset market by 2030. This move enhances XRP's position in traditional finance, with a value target of $2.
As XRP's legal dispute with the SEC progresses, its price may continue to rise. The recent surge in open contracts for XRP tracking futures indicates increasing investor confidence and suggests a positive market trend. These developments, coupled with the increase in institutional adoption, could lead to further price increases for XRP, potentially bringing 500% profit for early investors.
ADA
Cardano (ADA) is a proof-of-stake blockchain platform that has gained attention with a 162% price surge this year. In November, this cryptocurrency's price broke $1, trading at $1.02, up 10% within 24 hours. This rapid growth has sparked optimism among investors and market analysts.
If ADA breaks the resistance level of $1.5, a bullish reversal may occur. Such a breakout could push its price to $2 this month, providing a profitable opportunity for investors seeking substantial returns in the cryptocurrency market.
PEPE
In the spring of 2023, PEPE's popularity soared. Its market value reached a peak of $1.6 billion, making early investors millionaires. This explosive growth sparked what some call the 'meme coin season', with other meme-based currencies experiencing dramatic fluctuations.
PEPE's roadmap includes listing on major exchanges and targeting a 'meme takeover'. While the future is uncertain, many are watching whether PEPE can reach new heights, especially with the upcoming Bitcoin halving potentially triggering a bull market. In the active and unpredictable cryptocurrency world, PEPE stands out as a currency worth watching. There is still 5 times the room from the current point!