Nine stable investment rules that I learned after losing 10 million:
1. Hoarding coin method: applicable to bull and bear markets.
The hoarding coin method is the simplest but also the most difficult strategy. The simplest part is that you just need to buy certain currencies and then hold them for half a year or more without doing anything. Usually, the minimum return can be up to ten times. However, novices often want to change or sell coins because they see high returns or a sharp drop in coin prices. It is difficult for many people to stick to a month without operation, let alone a year, which is why this is the most difficult part.
2. Bull market chasing method: only applicable to bull markets.
Use idle money that does not exceed one-fifth of the total funds. This strategy is suitable for currencies ranked between 20 and 100 in market value, because at least they will not be locked in for a long time. For example, if you buy a copycat coin, you can exchange it for another coin that has plummeted after it has risen by 50% or more, and so on. If your first copycat coin is locked in, then keep waiting, and the bull market will definitely unblock it. But the premise is that the selected currency cannot be too bad. This strategy is actually not easy to control, and novices need to operate with caution.
3. Hourglass Car-changing Method: Applicable to bull market.
In a bull market, almost all currencies will rise, and funds will slowly penetrate into each currency like a huge hourglass, starting with the big currencies. There is an obvious pattern in the rise of currency prices: first the leading coins rise, such as BTC, ETH, DASH, ETC, etc., and then the mainstream coins begin to rise, such as LTC, XMR, EOS, NEO, QTUM, etc. Then the coins that have not risen generally rise, such as RDN, XRP, ZEC, etc., and then various small coins rise in turn. If Bitcoin rises, choose the next level of coins that have not risen yet to start building a position.
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