There are many ways to make money in the cryptocurrency world. As long as you master a few of them, making easy profits is not a dream! Below, I will share five relatively reliable strategies, and see how many you can handle.
HODL Method: Simple but hard to stick to 🐾

The HODL method can be said to be the simplest but also the hardest strategy to stick to. You just need to buy some cryptocurrencies during a bull or bear market and hold them for more than six months or a year without making any moves. Theoretically, the minimum return can reach ten times. But the problem is that beginners often can't help but want to switch coins or sell when they see high returns or a sharp drop in coin prices. Many people can't persist for even a month, let alone a year. That's why it's said to be the hardest.
Chasing Dips in Bull Markets: Designed for Bull Markets 🐂

This strategy is suitable for operation in a bull market. Use no more than one-fifth of your total funds as idle money to chase coins ranked between 20 to 100 by market capitalization. Wait until they rise by 50% or more, then switch to another coin that has plummeted. Repeat this cycle. If your first altcoin is stuck, just keep waiting; the bull market will eventually free you. However, the premise is that the coins you choose cannot be too bad. This strategy is also not easy to control because, in a bull market, almost all coins will rise, and funds will seep into every coin like a giant hourglass.
Pyramid Buying Method: A Choice for Foreseen Crashes 🏔️

This method applies to foreseeably large crashes. The specific operation is: place buy orders at 80%, 70%, 60%, and 50% of the coin price, using position ratios of one-tenth, one-fifth, one-third, and one-fourth, respectively. This method requires a certain level of predictive ability, but once successful, the returns can be very considerable.
Moving Average Method: Requires Some K-Line Basics 📈

The moving average method requires knowledge of some K-line basics. Set indicator parameters MA5, MA10, MA20, MA30, MA60, and choose daily candlestick levels. If the current price is higher than the MA5 and MA10, hold; if MA5 falls below MA10, sell; if MA5 breaks above MA10, buy to build a position. This method is relatively stable and suitable for beginners.
Aggressive HODL Method: Choosing Quality Long-Term Coins 💪

This method is suitable for long-term quality coins that you are familiar with. If you have some liquid funds, for example, if a coin is currently priced at $8, you buy it at $7. After successfully buying, sell it at $8.8. Use the profits to HODL more coins, and keep the liquid funds for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, you can accumulate quite a few coins. The formula is: buy price equals 90% of the current price, and selling price equals 110% of the current price. Unless the price rises by 3-5 times, do not sell.

After reading these methods, do you feel like you have gained something? In fact, making money in the cryptocurrency world is not as difficult as it seems. As long as you master these strategies, along with a bit of patience and luck, making easy profits is not a dream! Keep it up! 💪