Tips for coin speculation
When investing in cryptocurrencies, there are a few tips that can help you find potential coins and get a good return on investment.
1. Find potential coins
1. Look for coins that have risen by more than 100% in the past two months.
Some coins will show obvious signs before they are about to rise. We can compare it to situations in life: excellent people usually perform well in the past, and unreliable people may do stupid things. When choosing an investment, put the coins that have performed strongly recently into your favorite list.
In specific operations, prefer those coins with stable growth. This is a bit like choosing a good-looking person. Everyone is excellent, and then see who performs better.
2. Pay attention to coins that have hit record highs and have been online for more than half a year.
Don't be afraid of missing out just because the price of the coin has risen. Any coin that can double ten times starts with doubling. The price of the big bull coin usually hits a record high first, which is not blindly following the trend.
2. Patiently wait for the mid-term adjustment
It is very important to wait for the mid-term adjustment. What is the mid-term adjustment? That is, at least two months of shock or correction must be experienced.
Why wait so long? Because it is necessary to calm down the over-excited funds in the market and let investors with larger profits change hands to stabilize the market. This strategy helps to integrate investors' thinking and strength.
The first wave of particularly strong currencies can be slightly shorter, with only two weeks of adjustment. The sign of particularly strong is that the currency price doubles in two months.
3. Resonance of indexes and sectors
Waiting for the mid-term adjustment to meet the requirements does not mean buying immediately. You must wait patiently for the resonance of the overall market and specific sectors, and then enter the market according to the following signals:
1. The medium and long positive lines with large volume start.
2. Narrow fluctuations with reduced volume.
There is no need to wait for the currency price to exceed the high point before the adjustment again. Because surpassing again does not mean that it will definitely succeed, it will be more advantageous to enter the market at the starting point.
The above methods can help you find potential currencies in the market and invest at the right time to increase the possibility of investment success. #币安合约锦标赛
