Want to achieve consistent success in the cryptocurrency market? Learn how to use advanced analysis tools like Dune Analytics, CoinMarketCal, CryptoQuant and more to build a solid investment plan. In this post, we’ll show you how to combine these tools to create innovative strategies that will bring you sustainable profits!
---
1. Comprehensive Analysis: The First Step to Success
Before you decide where to invest, you should gather all the available information about the market using the best tools. Here’s how to get started:
Dune Analytics: Use it to analyze on-chain data, such as tracking transactions on blockchains and analyzing the growth of DeFi projects.
CoinMarketCal: Keep an eye on future events like promotions or project launches, as these news can have a significant impact on prices.
CryptoQuant: This tool allows you to monitor currency flows to/from exchanges, helping you identify trends such as “whale” movement in the market.
💡 Tip: Don't limit yourself to one source! Compare data from these tools to get a comprehensive picture of the market.
---
2. Building an Investment Plan: Effective Strategies with Live Examples
Now that you've gathered the data, it's time to make decisions! Here's how to build a solid investment plan:
Examples of current investment strategies:
Bitcoin (BTC):
Investment ratio: 40%
Reason: The inflow of funds into the wallets indicates a desire to hold. Also, the data indicates a possible rise in the price.
Strategy: Buy now at current price, sell after 15%-20% profit.
Ethereum (ETH):
Investment ratio: 30%
Reason: Launching a new project on the network may increase engagement.
Strategy: Buy now and hold for a month while watching the moves.
MATIC:
Investment ratio: 20%
Reason: Large movements of large portfolios indicate a potential rise in the price of the currency.
Strategy: Gradual entry to improve the average price.
Litecoin (LTC):
Investment ratio: 10%
Reason: The halving date is approaching which may push the price up.
Strategy: Buy now, sell immediately after the event.
💡 Tip: Use DEXTools and Nansen to monitor liquidity and whale movements to ensure your future strategies.
---
3. Follow up and adjust: Don't let the market surprise you!
After building a plan, don’t forget to keep track! Use tools like Cryptowatch and DeFiLlama to monitor daily performance and follow new projects that may impact the market. Adjust your strategy based on new data and make appropriate decisions.
---
Conclusion: The power of combining tools!
The secret to your success lies in combining data analysis, event monitoring, and market analysis. When you put these tools together, you can build a well-thought-out investment plan that minimizes risk and maximizes opportunity.
🚀 Start today and become a statement-driven trader
At! If you have any questions or want to discuss your strategy, share your thoughts with us in the comments.
