How to survive the trough of the cryptocurrency market? It is recommended to wait patiently for the right opportunity to build a position. These three coins are quite resistant to declines.
The first way is to lie down.
In the words of the friends in the cryptocurrency circle, go out and get wet in the rain, return to your original life, stop being bound by the K-line, go play outdoors, go on dates with beautiful girls and handsome guys, and get together with friends...
You see, exchanges like Binance/OKX remind you all the time to “Touch the Grass” (go out and touch the grass, stop being trapped in the online stratosphere and look at the real world).
The second method is transfer.
When the A-share market was at a low point, many A-share investors turned to the U.S. stock market and the crypto market. In 2024, when the crypto market was also at a low point, investors turned their attention and funds to the U.S. stock market. This is not speculation, but a real situation. The U.S. stock market has absorbed a large amount of funds from the crypto market this year. Many crypto tycoons with billions of dollars in assets have invested in Nvidia, Tesla, etc. and reaped a lot of rewards. This also reflects another current situation: the overall wealth effect of the currency circle this year is far less than that of the U.S. stock market.
The third method is internal circulation.
If the cake does not get bigger, if you want to get more cake, you can only snatch the cake from other people. This is internal circulation. You have to be ruthless to others and even more ruthless to yourself.
The internal circulation of the crypto market is typically reflected in on-chain PVP and profiteering.
For small retail investors, there are greater opportunities on the chain, but as the chain becomes more and more competitive, the survival cycle of each Rug is getting shorter and shorter, from 1 week to 1 day, or even to 1 hour. This is a more brutal competition, not to mention the various MEV robots on the chain and the professional Rug issuance team.
History has its low points, but individuals do not.
Major historical opportunities are often only in the hands of one or two generations, but everyone still has to live and live well. Perhaps we have missed the best time to invest in Bitcoin. In the present that cannot be changed, perhaps it is still not a bad and most cost-effective choice.
Looking back at the history of the cryptocurrency market, there has never been a bull market that did not experience destruction first. The domestic exchanges were cleared on September 15 before the 2017 bull market (the cryptocurrency market was over), and the epidemic on March 12 before the 2021 bull market (the cryptocurrency market was over). The worst is the beginning of a good market. Looking back, these events are the key to opening the bull market. I can't wait to sell the BTC in Mentougou as soon as possible, and it would be best to trigger a panic. If the big cake falls by 60%, then everyone, including institutions, will suffer losses. Only in this way, brothers, remember that only in this way can the barriers of class be broken, and it is possible to achieve wealth freedom from scratch. Maybe you will feel that you have lost almost everything. I tell you that only by risking your life can you dare to do something, and only by risking your life can you have enough faith to support it. Don't worry that outsiders have the courage to compete with you. No, your money will not be lost in vain. (To be honest, I was very excited. I didn't dare to buy BTC at 3,800 in 21 years, but it rose to 72,000)
It is recommended to wait patiently for the right side to build a position, wait for the non-agricultural data tonight, and rest.
Here are some valuable references for when you have the opportunity to buy at the bottom!
1. ENS: Vitalik Buterin has mentioned it many times, it has sufficient capital reserves and strong practicality.
2. ONDO: The leader in the RWA field, deeply loved by Wall Street.
3. BNB: The leader of the exchange. Although it is controversial, it is still indispensable for trading.
4. SOL: The leader of the public chain, squatting is for better leaping.
5. STX: A potential leader in the second layer of BTC. It will undergo a NAKAMOTO upgrade on the 15th of this month. It has been postponed many times before, but it should not be delayed this time.
6. LISTA: The most promising new coin on Binance, a stablecoin concept, with a current market value of less than 100 million.
Price recovery should be quick after consensus is reached.
7. MEME coin: PEPE, WIF This doesn’t need much explanation.
Three coins that are more resistant to price drops
SUN
Solana’s price has fallen 20% over the past month and is down another 10% today. However, there are still good reasons to be bullish on SOL.
For example, VanEck and 21Shares recently filed for spot Solana ETFs, and there is strong speculation that TradFi giants BlackRock and Fidelity could be next.
In this context, it would not be surprising if SOL hits all-time highs on the news of the BlackRock ETF, just like Bitcoin and Ethereum. Likewise, the likelihood of a spot SOL ETF being approved is increasing, considering that Republican and crypto-friendly candidate Donald Trump is now the most likely to win the White House election in November.
Jupp
JUP coin is the native token of the Jupiter project and exists on the popular Ethereum network. Jupiter aims to create an open, secure, and accessible blockchain platform for everyone. Its military-grade security technology can provide secure Dapps on public and private networks. Jupiter is committed to storing data securely on the blockchain. Current data storage solutions mainly rely on cloud computing (Web2.0).
Despite the market's lukewarm reaction, if JUP falls another 20%, it will inevitably form a golden pit, and it can be bought at around $0.63. Based on the market's misjudgment information, buying JUP at $0.58-0.63 has a high probability of making a profit.
BNB
As the core of the Binance ecosystem, BNB has a variety of practical functions, including reducing trading fees and participating in exclusive token sales on Binance Launchpad. BNB was originally created as a utility token for Binance trading fee discounts, but its use has expanded to multiple areas, including trading fees on Binance Chain, travel bookings, entertainment, online services, and financial services.
