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How to make money in the crypto world? Here are 9 ways, making a million is not a dream.
1. Coin hoarding method: Suitable for bull markets and bear markets.
The HODL strategy is the simplest yet the most difficult way to play. It's the simplest because it just involves buying a certain coin or a few coins and holding them for more than six months or a year without any operations. Basically, the returns are at least ten times. However, beginners are easily swayed by high returns or when they see the coin price halved, and they plan to switch vehicles or exit the market. Many people find it hard to refrain from operations for even a month, let alone a year. So, this is actually the most difficult part.
2. Bull Market Dipping Strategy: Suitable only for a bull market.
Use a portion of spare money, preferably no more than one-fifth of your funds. This strategy is suitable for coins with a market cap between 20-100, as you won't be stuck for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can then switch to the next coin that has plummeted, and continue this cycle. If you get stuck with your first altcoin, just keep waiting; a bull market will definitely help you break even. The premise is that the coin mustn't be too problematic, but this strategy is actually hard to control, so beginners need to be cautious.
3. Hourglass Switching Method: Suitable for Bull Markets.
In a bull market, basically any coin you buy will rise; funds are like a giant hourglass slowly seeping into every coin, starting from the large coins. There is a clear pattern in coin price rises: leading coins rise first, such as BTC, ETH, DASH, ETC, etc. Then mainstream coins start to rise, like LTC, XMR, BNB, NEO, DOGE, SHIB, etc. After that, coins that haven't risen see a general increase, like RDN, XRP, ZEC, etc. Finally, various small coins take turns rising. But if Bitcoin has risen, you should pick the next level of coins that haven't yet risen and start building your position.
4. Pyramid Bottom Fishing Method: Suitable for predicting a major crash.
Bottom-fishing method: respectively place orders to buy one-tenth of the position at 80% of the coin price, buy one-fifth of the position at 70% of the coin price, buy three-tenths of the position at 60% of the coin price, and buy four-tenths of the position at 50% of the coin price.
5. Moving Average Method: You need to understand some basic K-line.
Indicator parameter settings MA5, MA10, MA20, MA30, MA60, level select daily line. If the current price is above MA5 and MA10, hold steady. If MA5 breaks below MA10, sell the coin; if MA5 breaks above MA10, buy and build a position.
6. Violent Coin Hoarding Method: Focus on coins you are familiar with, suitable only for long-term quality coins.
There is a certain amount of liquid funds, and the current price of a coin is 8 USD. So, place an order to buy at 7 USD. When the purchase is successfully executed, place an order to sell at 8.8 USD. The profit is used to accumulate coins. The liquid funds are taken out to continue waiting for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, a lot of coins can be accumulated. The formula is that the entry price equals the current price multiplied by 90%, and the selling price equals the current price multiplied by 110%!
7. Aisou Violent Compound Interest Method: Continuously participate in sm
When the new coin's price increases by 3-5 times, take back the principal, then invest in the next sm, and keep the profits, continuously looping.
8. Cyclical Band Method: Look for coins like op or apt that are similar to black market vehicles.
When the coin price keeps falling, increase the position, keep adding as it falls further, and then sell when there is profit, repeating the cycle.
9. Small Coin Violent Gameplay:
If you have 10,000 RMB, divide it into ten parts and buy ten different types of small coins, preferably priced under 3 RMB. After buying, don't pay attention to it. Don't sell unless it triples to five times; if it gets stuck, don't sell, just hold it for the long term. If a certain coin triples, take back the principal of 1,000 yuan and invest in the next small coin. Then the compound interest return can be quite astonishing!
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