Several Major Methods to Make Money in the Crypto World, Mastering Three Can Easily Earn You U:
1. Holding Coins Method:
- Applicable in Bull and Bear Markets. The strategy is simple yet difficult; just buy specific cryptocurrencies and hold them for a long time, generally six months to over a year without any operations, usually with a minimum return of ten times. Beginners often find it hard to persist due to high returns or price fluctuations, sometimes they struggle to not operate for even a month, let alone a year.
2. Buying the Dip in a Bull Market:
- Only applicable in Bull Markets. Use no more than one-fifth of total funds as spare cash, suitable for cryptocurrencies with a market cap between 20 and 100, to avoid being trapped for a long time. For instance, after a 50% rise in altcoins, switch to coins that have crashed; if trapped, wait for the bull market to free you, provided the cryptocurrency is not too poor, as actual operation is not easy to control, because capital in a bull market gradually permeates into various cryptocurrencies.
3. Pyramid Bottom Buying Method:
- Used for foreseeable significant drops. When buying at the bottom, place orders at 80%, 70%, 60%, and 50% of the coin price, corresponding to one-tenth, two-tenths, three-tenths, and four-tenths of the position ratio.
4. Moving Average Method:
- Requires basic knowledge of K-lines. Set indicator parameters MA5, MA10, MA20, MA30, MA60, select the daily level, if the current price is higher than the MA5 and MA10 lines, hold; sell when MA5 drops below MA10, and buy when MA5 breaks above MA10 to build a position.
5. Aggressive Holding Method:
- Targeting well-known long-term quality coins. When there is liquid capital, for example, if the current price of a coin is 8 dollars, buy at 7 dollars, sell at 8.8 dollars, profit from holding coins, and wait for the next opportunity, adjusting dynamically based on the current price. The formula is that the buying price is 90% of the current price, and the selling price is 110% of the current price, unless the price rises 3 - 5 times, otherwise do not sell.
