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Successful buying strategy in the crypto world

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@aimee.tariq
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The market is now in a somewhat difficult situation, but in any case, we have no choice but to wait. Although, as we say, we are in a market where some benefit from the price drop and others benefit from the high price, but in the cryptocurrency market or in the trading markets in general, you find that most He doesn't want the price to go down.

As if everyone owns cryptocurrencies only, although all theories say that you should make half your capital into cryptocurrencies and the other half USDT.

But the problem is that when you buy, for example, from 30 thousand dollars, and then the price rises to 35 thousand dollars, you make some money, so you sell quickly, but when the price drops, you are afraid of further decline, so you do not want to buy.

Here, I must see that the solution is to set some targets for buying and to divide the capital into five parts, so that if the price falls, it must be supported again, and so on.

Successful buying strategy

I read several articles about technical analysis and others, and the conclusion is that there is a strategy for successful investment and it lies in some things that are considered essential even if you do not have much experience.

First, you must know the work team behind the currency, because simply if Binance creates a new currency, everyone will rush to buy that currency, not because of the currency itself or its project, but because behind it is a strong team that knows how to manage things.

Secondly, you must also know about the currency project, and here lies the future outlook and investor intelligence. Will this project serve the crypto world in the future, or is it a temporary uproar and will have no benefit?

The other thing is the analysis and data collection, and this lies in several points, the most important of which is getting to know the Max Supply of the currency and the burning rate, as well as the distribution rate in Airdrop and other things that if you do not know them well, you have to compare them with a successful currency.

Finally, the investment first and foremost is part of the risk, because whatever is considered speculation, even if it is not complete, but what may happen that is not taken into account, but as I mentioned to you, these factors reduce the risk that you take.

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