A few days ago, BTC fell below $54,000, while the altcoin hit a new low in the past six months. BTC fell below $55,000 again, but the altcoin did not fall much. It seems that the low point that the altcoin fell to on July 5 is the iron bottom of this round. If BTC leads the altcoin to fall again, how should we buy the bottom? I would like to share my views, and welcome everyone to add to them. If you have different opinions, you can also leave a message to discuss together.
The first point is how much to buy at the bottom!!! My suggestion is to buy in batches according to the falling price of BTC. For example, if you have 10,000 USDT, when BTC is 60,000, you can use 1,000 USDT to buy at the bottom; then wait for BTC to fall to 55,000, and then use 1,000 U to buy at the bottom. If BTC continues to fall, wait until it reaches 50,000 points and then use 1,000 U to buy at the bottom. The advantage of buying at the bottom in batches is that you can avoid buying at the halfway point at once, avoiding the embarrassment of having no money to buy at the bottom, and at the same time, you can also maximize the cost spread.
So what do you buy with 1000U each time? This is the second point I want to talk about - target selection!!! Different coins have different positions. For example, BTC+ETH+BNB, the position ratio of these three coins must be more than 50%. If you buy 1000USDT today, you can buy BTC200U+ETH200U+BNB100U. The other 500U are given to different cottages, such as cottage A100U+cottage B100U+cottage C100U+cottage D100U+cottage E100U.
To be more specific, how do I choose Shanzhai A, B, C, D, and E? First, I will choose the sector, and then choose the potential in this sector to allocate, and try to spread it across different sectors. Due to limited space, I will tell you today about my choice $IO and the logic and reasons for the choice.
First of all, let’s talk about sectors. The best performing sectors this year are Meme, BRC20, and DePIN. The first two have been hyped, and the only one left is DePIN.
DePIN means "decentralized infrastructure". I think this is the easiest track to break out of the circle in the crypto track. Why are Western investors so obsessed with it? Because DePIN not only links physical devices, but also mobilizes the resources of these physical devices. It is an application example of blockchain technology. For example, the computer equipment we usually buy only works for a few hours a day, and there are more than ten hours of rest. If there is a DePIN project that rents the computer's storage, computing power, CPU and other resources to other people in need when they are idle, the computer can help us earn mining income without doing anything. This is also an example of early BTC mining.
Therefore, I believe that the DePIN track will definitely explode in the future, and a number of high-market-value projects will be born, and it will be normal for devices to access different networks through DePIN.
After choosing the track, we will choose the coin. There are several reasons why we chose io.net.
1. IO was launched on Binance's LaunchPool on June 11. The project's strength and background should not be simple. The team behind it is endorsed and will definitely pull up the market in the future. Don't choose a copycat randomly, because the risk of returning to zero is too great.
2. io.net is entering into a huge computing power market, aiming to gather idle GPU computing power and then provide GPU computing power support to other units or companies. This year's concentrated outbreak of AI proves that this is a market with strong demand and is still in the blue ocean stage.
3. io.net has a big imagination. Recently, more and more computing power has been connected, which will directly enhance io.net's voice in the computing power market. When a project has entered a positive cycle of development, we just need to take this ride. At the same time, we can also choose to participate in the mining of the io.net ecosystem ourselves, which is still a relatively early opportunity.
4. The price of $IO tokens has a lot of room for imagination. After falling below 2 USD, it rebounded violently to 2.5 USD. This also means that once the market stabilizes, IO will start a crazy rebound and rise. The price of IO is closely related to the development of io.net network, DePIN and AI. Investing in IO is, to some extent, investing in these cutting-edge tracks. Isn’t this an opportunity?
