Many altcoins are in the weekly buying area, and I am trying to build positions in batches. Here are some experiences I share:
1. The weekly buying point corresponds to the K-line chart: The weekly buying point depends on the weekly K-line chart. For example, if the 4-hour pattern falls below the previous low by 5%, it is even if the 4-hour pattern falls below the previous low. However, even if the weekly window falls by 20%, it is still a weekly buying point.
2. Reduce psychological pressure and build positions in batches: Don’t expect to rise immediately after buying or get fat in one wave. It is more practical to use the batch building method.
3. Choose rising currencies: Temporarily give up the altcoin bull market with a hundred flowers blooming, and choose currencies that have risen by at least 200% in the past year and have a smooth rise.
4. Fund allocation strategy: Only a small part of the funds can be used to buy altcoins, and the main funds are still invested in mainstream currencies such as BTC, ETH, BNB, SOL, etc.
