Here is a set of simple and practical tips for newcomers to buy at the bottom of the cryptocurrency circle:
1. Divide money into batches: Assuming you have 10,000 U, divide it into five parts, and use one of them for each transaction, that is, 2,000 U.
2. Buy a little first: Use this 2,000 U to buy a coin first.
3. Buy again if it falls: If the price of this coin falls by 10%, then use another part of the money to buy.
4. Sell when it rises: If the price of the coin rises by 10%, then quickly sell one part and make some money.
5. Repeat the above steps: Buy and sell until you have spent all your money or sold all the coins.
The benefit of this strategy: The benefit of this strategy is that even if the price of the coin falls, you don’t have to panic, because you can continue to buy.
In fact, if you have bought all five parts of the money, the price of the coin has at least fallen by half. But unless the market is particularly bad, the price of the coin will not fall so fast. And every time you sell, you can make 10% of the money.
For example, if you have 100,000 u and use 20,000 u each time, you can earn 2,000 u each time.
