"Buying coins" formula:
1. Buy horizontal and pits instead of vertical, the selling point is at the peak; buy when the price is sideways or falling, and avoid chasing the price at a high level. At the same time, choose the time when the market sentiment is boiling when selling.
2. Continuous small increases are real increases, and continuous large increases require exiting; small increases may be real market rebounds, while continuous large increases may be bubbles. Therefore, you can hold when it rises slightly, and you may need to consider exiting when it rises sharply.
3. When it rises sharply, you should step back, and don't dig deep pits or buy big; when the price rises sharply, there will often be a callback. You can buy when it steps back, instead of chasing high at a high level.
4. The main rise should reach the peak, and the sharp drop should be sold quickly, and the slow rise should be sold slowly; the accelerated price rise during the main rise may mean that the trend is about to end, and you should keep an eye on the signal of the peak. When it falls sharply, you should sell it in time, and when it rises slowly, you can sell it gradually.
5. A sharp drop without volume is intimidation, and a slow drop with large volume is a hurry to withdraw; when the price falls sharply but the trading volume is small, it may be caused by market panic, and you can choose to hold it. When the price falls slowly but the trading volume increases, it may be that the short-selling force is increasing, and you should withdraw in time.
6. When the price breaks through the lifeline, do not hesitate to do the swing; when the price breaks through a certain important support or resistance level, there may be large fluctuations, and you can consider short-term swing trading.
7. Look carefully at the daily, weekly and monthly lines, and make money with the main force; carefully observe the price trends in different time periods, and trade with the main capital flow.
8. The coin price has no volume, and the main force is tempting to increase. Don't stand guard; when the price rises but the trading volume does not increase, it may be that the main force is tempting to increase, and you should be careful not to be trapped.
9. The new low with shrinking volume is the bottom, and the incremental rebound should enter the market; when the price falls but the trading volume decreases, it may be the bottom formation, and you can consider buying. When the price rebounds and the trading volume increases, it may be the beginning of an upward trend, and you should enter the market in time.
Potential altcoins worth paying attention to at present:
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LINK: Chainlink’s decentralized oracle network provides essential data sources that are not typically available on the blockchain, facilitating the execution of smart contracts based on real-world inputs.This feature is becoming increasingly important as industries seek to integrate blockchain solutions. Chainlink has established numerous partnerships in various sectors, ensuring that its utility and relevance remain high amid market volatility. The native token LINK is used for transactions and utility purposes on the platform. The token has seen a significant surge during the recent price increase.
AAVE: Aave is a decentralized finance protocol that allows people to lend and borrow cryptocurrencies. Lenders earn interest by depositing digital assets into specially created liquidity pools. 🐳qun秆🤙玮：1983211157 Borrowers can then use this liquidity to obtain loans using their cryptocurrencies as collateral. In the DeFi space, Aave is recognized for its innovative features such as unsecured loans, “interest rate conversion”, etc. Its strong fundamentals and leadership in the DeFi space make it a reliable choice during market turmoil. Currently, the $AAVE token price is up 6% and is priced at $95.5. Despite an 11% increase in the past week, the token price is down 17% in the monthly timeframe. Given that the cryptocurrency market is about to enter a long-term uptrend, $AAVE is expected to surge to new highs.
AIOZ: The AIOZ Network has experienced an impressive surge, signaling a successful intraday trading. Its price has increased by 4.97% in the past 24 hours, a surge that is in line with the bullish sentiment predictions for the AIOZ Network. Moreover, the Fear/Greed Score is 74, indicating a prevalent greed sentiment among investors. Moreover, AIOZ has seen impressive growth year-to-date, with a price increase of 2,719%. This growth rate outperforms 96% of the top 100 crypto assets, including Bitcoin and Ethereum. AIOZ is trading above its 200-day simple moving average, indicating a steady positive performance compared to its token sale price.
Moreover, trading data indicates that AIOZ is close to cycle highs. The data shows a strong momentum in its market trajectory. This surge could be driven by AIOZ Network’s partnership with Alibaba Cloud. The partnership is aimed at enhancing DePIN’s capabilities and influence in the Asia-Pacific region. It is a promising token for investors seeking a perfect market entry. The coin’s positive performance and bullish sentiment make it a coin to watch.
AEVO: Aevo was one of the best performing cryptocurrencies in the first quarter. The coin topped the trading charts for several weeks in a row. It was also one of the popular cryptocurrencies on social media. This popularity saw several influencers join the trend to increase its popularity. The asset surged from $1.39 to $4.46 before experiencing a temporary correction. The price drop in the cryptocurrency market and the subsequent correction caused Aevo to fall 40% from its year-to-date high.
However, the coin’s chart shows the potential for recovery. While the time it will take for Aevo to recover to its all-time high (ATH) is unpredictable, the probability of a sustained uptrend is relatively high. Therefore, investors should keep a close eye on the asset’s price action. More importantly, Aevo is addressing a unique need in the cryptocurrency market, which could contribute greatly to its future value.
ANKR: Ankr’s strong fundamentals and dedicated crypto community increase its potential for significant future growth. If Ankr forms good partnerships with other networks, its ANKR coin could be worth more than $0.1 by the end of 2024.
