Master these three methods of cryptocurrency trading, and you can handle both bull and bear markets with ease

1. The hoarding method (applicable to both bull and bear markets)

Core concept: long-term holding, firm belief.

How to operate: choose one or two high-quality digital currencies and hold them for a long time, usually at least 6 months or longer, ignoring short-term market fluctuations, and the goal is to obtain multiples of returns through time.

2. Bull market chasing method (only applicable to bull markets)

Core concept: seize the bull market's rising opportunities through low-buy and high-sell rotation operations.

How to operate: invest part of the total funds (no more than 1/5 is recommended) in digital currencies with medium market value. When a certain altcoin rises by 50% or more, stop profit in time and transfer funds to the next bearish currency, and repeat the operation to obtain continuous returns.

3. Hourglass car switching method (applicable to bull markets)

Core concept: use the capital rotation effect of the bull market to switch positions between currencies with different market values ​​to maximize returns.

How to operate: In the early stage of a bull market, funds usually flow into mainstream coins with larger market capitalization (such as Bitcoin, Ethereum, etc.), so you can first invest in these coins. When these coins reach their peak, gradually transfer funds to altcoins with smaller market capitalization.