Several major methods to make money in the coin circle: being proficient in all three can easily earn U!
1. National currency method: applicable in both bull and bear markets.
The national currency method is the simplest but also the most difficult strategy. The simplest part is to just buy certain coins and hold them for more than six months or a year without any operations. Usually, the minimum return can reach ten times.
However, beginners often want to switch coins or sell due to seeing high yields or significant price drops, and many find it hard to hold for a month without operating, let alone a year, which is also why this is the most difficult part.
2. Bull market chasing the dip method: only applicable in a bull market.
Use no more than one-fifth of the total funds as idle money. This strategy is suitable for coins ranked between 20 and 100 in market capitalization, as they are at least unlikely to be trapped for a long time. For example, if you buy an altcoin,
Wait until it rises by 50% or more, then you can exchange it for another coin that has dropped sharply, and so on. If your first altcoin is trapped, then continue to wait; the bull market will definitely break you free. But the premise is to choose.
The coin types cannot be too poor, and this strategy is actually not easy to control. In a bull market, almost all coins will rise, and funds act like a huge hourglass, slowly seeping into each coin, starting from large coins.
3. Pyramid bottom-fishing method: suitable for foreseeable major crashes.
Bottom-fishing method: buy at 80%, 70%, 60%, and 50% of the coin price, using one-tenth, one-fifth, one-third, and one-fourth of the position ratio respectively.
4. Moving average method: requires some basic knowledge of K-lines.
Set the indicator parameters MA5, MA10, MA20, and choose daily level. If the current price is higher than MA30, MA60, MA5, and MA10 lines, then hold steadily. If MA5 falls below MA10, then sell the coin; if MA5 breaks above MA10, then buy in.
5. Violent national currency method: suitable for long-term quality coins you are familiar with.
If there is a liquid fund, for example, if a coin's current price is $8, buy it at $7, and after a successful purchase, sell it at $8.8. The profit is used for national currency. Liquid funds are used to wait for the next opportunity. Dynamically adjust based on the current price. If there are three such opportunities in a month, you can accumulate quite a few coins. The formula is: entry price equals 90% of the current price, sell price equals 110% of the current price. Unless the increase reaches 3-5 times, do not sell. I believe you will gain something after reading.
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