1. Long-term currency hoarding

Some time ago, Luo Yonghao posted a blog saying that he had bought 1 million virtual coins before but never looked at them. Now they are worth 30 million. This is the income brought by hoarding coins. In fact, 30 times is considered a very average income for early coin hoarders. After the current prices of old coins such as Bitcoin, Litecoin, and Ethereum have increased infinitely, many people are still optimistic about future development, continue to invest in the long term, and lock up some potential virtual coins in order to prepare for future acquisitions. Greater revenue.

The biggest risk of hoarding coins is that you have "cheap" hands. If you are nervous about the rise or fall, you will sell it and it will be difficult to hold it until the end. At the same time, there are so many currencies now, there is no guarantee that the long-term currency you hold will appreciate in the future, and it does not even rule out the possibility of significant depreciation. Therefore, hoarding coins requires enough patience and a very good vision.

2. Medium and short-term currency speculation (band)

Currency speculation is similar to stock speculation. Sell high and buy low. Currency speculators are considered the mainstream force in the currency circle. After all, there are unlimited possibilities for manipulation in the rise and fall of virtual currencies.

Generally, the interval between buying and selling in short-term and medium-term currency speculation can be as long as ten days and a half, or as short as a few minutes. The price of virtual currency is easily affected by news, speculation, and manipulation by bankers. A little bit of shady news may make it worse. There is short-term growth or decline. Therefore, currency speculation requires constant attention to currency circle dynamics and currency trends. The key is to stop when you see good results, don't be greedy, it is best to set a profit limit for yourself, for example, sell and stop when the short-term profit is 10%. If you find a long-term downward trend after buying, sell in time to avoid suffering greater losses.

3. Cross-platform brick-moving

There are many exchanges at present, and the prices on each exchange are different. If the price difference is large, you can use the trick of "moving the money".

The meaning of "moving bricks" is to buy coins on a platform with a low selling price, and then transfer the coins to a platform with a high selling price to earn the price difference. There are many big players trying to bridge the gap between domestic platforms and Korean platforms, because Korean platforms generally have higher premiums. However, the registration threshold for foreign platforms is high, and it is not recommended for novices to move across borders.

Newbies can consider moving between domestic exchanges, registering for a few more trading stations, and fast in and out. Although the price difference is not high, the advantage is that it is easy to operate and has low risk.

Several points to note when moving bricks across platforms:

1. To move bricks, you need to choose a currency with relatively stable prices and low transfer fees at the time, and the currency must be familiar to you;

2. First understand whether the buying platform can transfer out virtual coins, the time and minimum transfer limit of virtual coins, and the withdrawal limit of the selling platform;

3. Pay attention to the time issue. Many platforms require manual review before transferring out the currency. If you are too busy, it may delay time. There will also be congestion when a certain currency is transferred out during popular periods, which will lead to delayed entry into the account and miss the best sales. Out of time. Therefore, try your best to choose currencies that have not been wildly speculated during that time period to move bricks;

4. If the price difference is too small, you cannot move it. Otherwise, if the two platforms deduct transaction fees and transfer fees, you may not make any money or even lose money.

4. Hedging and moving bricks

Hedging avoids the risks of slow manual deposits and withdrawals on the platform and large price fluctuations during virtual currency transfers. The specific operation methods are as follows:

Place a certain amount of virtual currency and trading currency on both Platform A and Platform B (taking 1,000 EOS and 10,000 RMB on each platform as an example);

Assume that the current EOS price of platform A is ￥80/unit and that of platform B is ￥88/unit;

Buy 1,000 EOS on platform A and spend 8,000 yuan;

Sold 1,000 EOS on platform B and received 8,800 yuan;

After these two transactions, the assets of platform A became 2,000 EOS and 2,000 yuan; platform B had 0 EOS and 18,800 yuan. After the transaction, the amount of EOS remained unchanged, but the RMB increased by 800 yuan.

5. Platform Token Dividends

Nowadays, many exchanges have launched their own tokens. Early purchases will generally have a significant appreciation in the short term, and you can enjoy dividends from the exchange. If you are tired of speculating in coins, you can also choose a more promising exchange to buy some platform coins. It is also good to wait for appreciation and dividends.

6. Play airdrop wool

That is, you can obtain some tokens issued for free by virtual currency teams and trading platforms at zero cost. There is no risk, and many airdrops are of high value. There are many masters who have made a fortune from airdrops. You can learn about it in the tutorial below:

Detailed tutorial on how to earn coins at zero cost (Telegram airdrop, register to receive coins)

A few suggestions:

1. Don’t feel that you have missed the opportunity to invest in virtual currency. The best time is always yesterday, and the second is now;

2. No matter you are a newbie or an old guy, don’t invest too much money. You must invest your spare money, dear. Virtual currency has both high returns and high risks. It’s okay to invest some spare money. But if you invest all your wife’s money, it won’t be good if she loses everything;

3. Before investing in coins, you must first understand the currency and do not invest blindly;

4. It is recommended to invest in some long-term coins and hold them there, and then speculate in other coins in the short-term. In the novice stage, do not just identify a coin and just start trading. Multi-currency investment can reduce risks;

5. Don’t be greedy, just accept it when it’s good. This is the most important!