An investor successfully earned a huge fortune of 20 million by speculating in cryptocurrencies! This amazing achievement is not accidental, and the seven secrets behind it are nothing more than these. These secrets have been tested in practice and have been proven to be effective.
1. Hoarding coin method: suitable for both bull and bear markets.
The most simple and easy method, but also the most challenging one, is the coin hoarding method. The simplicity here is that you only need to choose the mainstream coin you like and wait for it quietly for half a year, or even a year or even longer.
Don't operate too frequently, even the lowest-end returns may reach amazing multiples!
2. Bull market chasing decline method: only applicable during the bull market.
Friends can use a small amount of idle funds, and the optimal ratio is recommended not to exceed one-fifth of the total assets. This investment strategy prefers cryptocurrencies with a market value between 10 and 100, because such assets are not easy to be locked up for a long time in a bull market.
Let’s say you buy an altcoin and wait for its price to rise by 50% or more, then you switch to another cryptocurrency that is experiencing a price pullback, and continue in this way.
Of course, if the first altcoin is in trouble, you need to be patient here, because the situation of being stuck in the bull market will eventually be resolved. However, for such hesitant choices, novice players must act with caution.
3. Hourglass car changing method: especially suitable for bull market environment.
If you buy any new currency in a bull market, you will see it go with the flow, and funds will slowly flow into every popular currency like a huge hourglass.
There is an obvious pattern to follow in the surge in currency prices. That is, the leading coins will be the first to exert force, such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), etc., followed by the second-tier mainstream coins. Such as SOL, LTC, QTUM, etc.
4. Pyramid bottom-picking method: used when a large-scale price drop is predicted.
Bottom-picking techniques include continuous buying in batches, with each order price occupying 80%, 70%, 60%, 50% and 20% of the current price respectively.
5. Moving average method: requires certain knowledge of K-line.
Set the indicator parameters to track the 5-day line, 10-day line, 20-day line, 30-day line and 60-day line, and select the one-day line as the trading level.
When the spot price is above the two moving averages MA5 and MA10, you should hold on firmly, otherwise you should sell it in time.
If MA5 fails to break through MA10, we should sell the relevant assets; if MA5 breaks through MA10 upwards, it means we have sufficient reasons to open a position.
6. Violent coin hoarding method: limited to high-quality varieties that you are familiar with and confident in.
Prepare a certain amount of liquidity. For example, if you observe that the current price of a certain currency is about $8, you can entrust an order to buy at a price of $7. Once successfully executed, immediately entrust an order to sell at a price of $8.8. Then, use part of the profit to hoard more digital currencies. As the market price fluctuates, refer to the real-time market dynamics to update this strategy.
Ideally, three opportunities per month will allow you to collect a large amount of high-quality digital currency.
During this process, be sure to follow the formula of opening price = current price x 90%, selling price = current price x 110% as a reference standard.
7. Airdrop: This is relatively the most stable.
You don’t need to have a lot of capital. As long as you have time and stable and accurate information channels (this is the most important thing), you can get considerable returns even at zero cost.
