Essentials of Cryptocurrency Strategy

1. Selecting Potential Rising Stars

Capture the Initial Soaring Momentum: Focus on the currencies that have doubled in the past two months. History often repeats itself. Before a strong currency becomes a market star, its initial performance is often a foreshadowing of future glory. Based on the logic of "the strong will always be strong", we screen out the best of this stage and include them in the observation list. When choosing, prefer those currencies with smooth upward trajectory and continuous momentum, just like looking for the candidate who is both powerful and charming among many outstanding ones.

Lock in the veterans who set new highs: Don't be afraid of those currencies that have already risen, because the real giant bull coins always start with doubling and end with ten times or more. Pay special attention to those currencies that have set new highs and have been listed for more than half a year. They are often the focus of the market and have unlimited potential.

2. Wait for the opportunity for market correction

Identify the intermediate adjustment stage: patiently wait for the currency price to experience at least two months of shock or correction period. This period is a critical period for the reshuffle of internal market forces. The excitement has subsided, and the profit chips have gradually changed hands, making the cost of investors more consistent, laying the foundation for the subsequent joint rise.

Flexible response to strong adjustments: For currencies that are extremely strong in the short term, the adjustment period may be shortened to two weeks. Although these currencies adjust quickly, their subsequent explosive power should not be underestimated. Just check regularly to ensure that they are still on the watch list, and pay more attention when the adjustment is nearing the end.

3. Capture the resonance of the market and the sector

Accurate entry signal: Even if the currency is adjusted in place, it is necessary to wait for the resonance of the market and the sector trend. At this time, two key signals should be paid close attention to: First, the significant increase in trading volume is accompanied by the appearance of medium and long positive lines, which indicates that funds are re-influxing and the upward momentum is restarted; second, the narrow fluctuation of shrinking volume indicates that the market has been fully adjusted and is about to choose a direction, which is often a signal of ready to go.

Seize the opportunity: There is no need to wait until the currency price completely recovers the lost ground before entering the market, because the establishment of a new high is often accompanied by the accumulation of risks. On the contrary, you should seize the opportunity at the initial stage of the launch, occupy a favorable position at a lower cost, and enjoy the rich returns brought by the subsequent rise.

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