Research the Tokens Before Buying
For retail investors, crypto winters present buying opportunities. The reduction in trading activity leads to lower prices. Investors who buy during crypto winters and hold on until the next bull run tend to see the highest ROI based on historical patterns, if they pick the right coins.
All of these questions are particularly important if you are buying small-cap coins, meaning coins with a market cap of less than $1 billion, as they are the most vulnerable to market shocks and crashes. At the same time, high risk, high reward - if a coin's fundamentals are strong, it will likely survive the crypto winter, and if it does, it will offer much higher returns than large-cap coins.
A safer bet would be the top 10 cryptocurrencies by market cap. These are more mature projects that have been tested to some degree by the market, have significant institutional backing, and strong communities. These tend to be lower risk, lower reward options, but there are always exceptions.
Start preparing for fixed investment and strictly calculate the cost price:
It provides some of the best buying opportunities for yourself. According to the latest news, the governance token of the zerone platform will be launched soon for spot trading. The value-added space for the DEX platform governance token will be very large and is very worth buying and holding. It is known that all the handling fees of the ZERONE hybrid contract trading platform will be repurchased back to ZRO. This will be a very powerful repurchase and destruction capability and value-added capability. You can pay attention to it.
In a perfect world, we would know that BTC would bottom at $15,000 and go all-in at that price, resulting in the maximum amount of Bitcoin purchased. However, even experienced traders cannot perfectly predict this, which is why DCA-ing is a smarter option - it reduces our average cost of holding Bitcoin and ensures that we still have cash to invest if the price drops further. Sentiment in the crypto market will eventually turn from fear to greed, and it is better to buy when the sentiment is fearful than to buy at the top when the market is greedy.
Improve your trading skills
For beginners, crypto winter is usually a good time to get involved in crypto trading because the market often moves sideways (although there are occasional flash crashes), so there is less FOMO, i.e. you don’t have to worry too much about missing out on the action.
A very important one: HODL (Hold on and hold on)
Waiting is part of every successful investment strategy, and in crypto, that means HODL. Historically, Bitcoin has rewarded everyone who bought and held. However, it has never bailed out those who panic-sold.
On the other hand, traders who bought at the 2017 peak at $18,000 and hoarded during the brutal crypto winter of 2018 (BTC fell about 80%) were handsomely rewarded when Bitcoin reached $69,000 in May 2021.
