Holding Coins Secrets: Smart Investment Strategies in the Crypto World
In the digital age, investing in cryptocurrencies has become a new path to wealth for many. Among them, "holding coins"—which means long-term accumulation of coins—is the choice of many investors. Today, let's discuss a few key points about holding coins to help you invest more smoothly and avoid detours.
Understand Price Increase Patterns
Did you know? Throughout the year, cryptocurrencies often experience two major price surges, once from February to March, and another from November to December. However, December may see a price drop due to people withdrawing for the Spring Festival. Therefore, the best time to buy coins is often from September to October and also in January.
Understand Halving Cycles
Cryptocurrencies also have a pattern of "halving" every four years. This is quite important, as the price typically surges after each halving. For instance, this happened in 2009, 2012, 2016, and 2020, and 2024 is also worth our attention.
Choose the Right Coins
When investing in cryptocurrencies, selecting the right coins is crucial. Opt for those that have been listed for over 10 months and have solid fundamentals. Such coins offer more profit opportunities and lower risks. Never follow the crowd to buy weak coins.
Understand the World of Cryptocurrencies
Cryptocurrencies are like a big family, with Bitcoin as the leader, artificial intelligence as the think tank, and Ethereum as a strong assistant. The first and second layers are like the spine and ribs, supporting the entire family. Those meme coins are like decorative items in the house; they look nice, but you must recognize their true value.
Grasp Price Increase and Accumulation Cycles
After a significant rise, the market usually takes 2-3 years to slowly adjust. During this time, we need to closely monitor the flow of funds, circulating coin volume, and unreleased coin volume to make wise decisions.
Allocate Funds Wisely and Manage Risks
Don't put all your money in one basket. It may take a long time for prices to recover, so patience is essential. Diversify your investments with about 10 different coins, so even if some drop, the overall investment can remain stable.
If you always miss the right timing and feel confused about how to operate, and want to keep up with learning, there's one condition to meet: you must be proactive, act decisively, like and comment, and I will help you make big money!
