Anyone with a little financial knowledge has heard of the Kondratieff cycle, which is the economic cycle. Some people ride the waves and see the light at the end of the tunnel, but many others die on the beach before dawn.
Therefore, before we really enter the market, in addition to understanding the project background, future development, historical prices, etc. of various cryptocurrencies, we should first establish an investment strategy and give ourselves a clear holding ratio.
You must know that any project has risks: market risks, policy risks, technical ecological risks, etc. are always present. When investing, you must stick to your own circle of competence and earn returns that you can grasp and have a high probability of success.
My suggestion is: diversify your investments and build positions in batches
1. Diversified investment refers to the diversified investment of your total funds. We all know that eggs should not be put in one basket, so whether it is physical investment, bank deposits, fund management, hoarding coins, mining, these are all considered baskets. These proportions are arranged from low to high according to the risk of return, and from large to small. The currency circle must be the one with the highest return among these, but also has relatively high risks. It is not recommended to use more than 30% of your deposit to play
2. Build positions in batches. In a bear market, the rich are the bosses. Prepare U in advance. When you see the price of the currency plummet, enter the position once. Do it in batches. You don’t need to watch the market every day. Just place an order. Don’t fill the position all at once. Otherwise, when the next opportunity comes, you will either regret it because you don’t have enough funds, or you can’t resist the temptation and increase your investment, making your investment in cryptocurrency account for an increasingly large proportion, and then gradually become a heavy position. The heavier the position, the more nervous you will be and the more you can’t sleep. There is no need to let an investment affect our lives.
After understanding the above two points, start to understand which tokens I recommend for you.
Safe-haven asset: ETH
As for BTC, retail investors don’t have to think about any aspects, as 70% of it is in the hands of institutions.
As the token of Ethereum, the king of public chains, ETH has excellent application, technology, consensus and evaluation by professional investment institutions.
The price has risen from $1 in 2014 to $4,800 in 2021, the bull peak. Now it has fallen back to around $1,660 in the bear market. The next bull market will most likely be in 2025. The so-called bull market is called a bull market only if it breaks new highs.
And ETH is resistant to declines and can be used as a safe-haven asset reserve!
HIM
The world's largest decentralized trading platform
Uniswap Tokens
Decentralized trading platforms are recognized and needed by more and more people. The top players in this field must hold the current market price and buy with eyes closed.
IN
The token of Filecoin, the leader in decentralized storage
Data is oil, and it is a battleground for all countries.
Data storage is a rigid need. As data leakage becomes more and more serious and AI is gradually applied to ordinary people's lives, the requirements for the secure storage and accurate use of data have reached a higher level.
Filecoin received hundreds of millions of dollars in support from eight top investment institutions including Sequoia Capital and A16Z in 2017. It was launched in 2020 at a price of $26. Half a year later, it was fortunately raised to $237 by a big shot. The project team upgraded the on-chain technology on March 14, 2023, and the virtual machine was officially launched.
This means that this public chain can not only store data more efficiently and securely, but is also the only one among all current public chain projects that can provide one-stop services from development — — storage — — application.
SUN
Solana public chain token
As a public chain benchmarked against Ethereum, it was created in 2017 by Anatoly Yakovenko, a former executive of Qualcomm.
Because of its high throughput, fast transaction speed and good scalability, it has received support from many developers. Although FTX’s joint liability has had a certain impact on the market, it still does not prevent it from firmly occupying the top 10 position in the currency circle rankings.
Just on this point, I dare to say that SOL is really tough!
It was launched at US$1.5 in 2020, and the last big bull market was in 2021 when it reached US$259. Now it has fallen back to US$20. SOL, you deserve it!
Well, the above are a few tokens recommended today that you can buy with your eyes closed in the current bear market. Buffett once said, "When others are panicking, I am greedy." If you don't build a position in a bear market, when will you?
Due to limited space, there are still many up-and-coming companies with good technical teams and valuable applications that are worth looking forward to.
These opinions are Haonan’s personal opinions and are not intended as investment advice.