In the process of speculating in cryptocurrencies, the key is to buy at a low price, hold a large position, and master the "rolling position method", that is, to continue to make money with existing funds. In addition, patience is also a key factor for success.
The currency circle is constantly rotating, and there are always opportunities to enter. But in order to obtain large returns, the following points need to be mastered to screen high-quality currencies:
Focus on currencies with large market capitalization, high liquidity, practical application scenarios and strong community support, such as BTC, ETH, SOL, etc. These currencies are relatively stable in the market cycle and are more likely to bring long-term returns.
Timing of heavy positions:
When there are major opportunities in the market, such as lows after a large adjustment or major good news, consider increasing your holdings. This requires market sensitivity and accurate judgment.
Cycle and patience:
The market often takes a long time to complete a full cycle, and it may even take more than a year. Therefore, it is crucial to hold high-quality currencies and patiently wait for their value to return or grow, which is the key to achieving high returns. Avoid frequent transactions to reduce the impact of handling fees and emotional fluctuations.
Rolling position method:
Use effective position management and capital allocation strategies to flexibly adjust positions at different support levels and opportunity points to improve the efficiency of capital utilization. It is important to control risks and ensure that there are sufficient funds to deal with adverse market conditions.
Pay attention to market trends:
Get market news, policy changes, technological progress and other information in a timely manner to maintain market sensitivity. This can help you make more accurate investment decisions.
