Bottom-picking strategies before the bull market in the cryptocurrency circle

Before the bull market arrives, you can choose the following three bottom-picking strategies:

Only BTC

First, buy BTC in a concentrated manner, wait for it to break through the previous historical high of $69,000, and then exchange it for ETH or altcoins. The reason is that BTC usually continues to be strong in the early stage of the bull market, and only after BTC reaches a new high will altcoins really start to rise sharply.

Deploy all coins at one time

Deploy BTC, ETH and altcoins in a dispersed manner at one time to avoid the trouble of frequent position changes. The disadvantage is that if BTC encounters a retracement during the rise, altcoins may fall sharply, which is easy to affect the mentality and lead to frequent operations. If you can focus on the long-term and tolerate short-term declines, you can consider this method.

50% position BTC + 50% position altcoin

Use 50% position to buy BTC, and the remaining 50% position to deploy altcoins in proportion. After BTC breaks through the previous historical high of $69,000, convert BTC into altcoins. This is a more compromise method that takes into account both risks and potential returns.

You can choose one of these strategies based on your needs and risk tolerance.