Tips for making profits in altcoins

Bitcoin
15 min readNov 15, 2020

If you don’t know how to invest / speculate in good currency

It’s not even clear which currencies are worth buying except BTC,

Then I strongly recommend that you read this answer and collect it.

You’ll find out after reading,

You don’t have to look at too many answers,

You don’t need to go through all kinds of forums to find influencers to take notes,

Just follow the second half of the article to find a good currency to ambush at a low price is enough.

Compared with the stock market, oil, foreign exchange and other investment products, bitcoin’s return on investment has been very high, but there is still a threshold for new fish. Even new fish don’t know what other currencies can be invested in besides bitcoin

For new fish, we must have a comprehensive understanding of the market and learn some technical aspects in order not to be played for suckers

Today, I’ll take you through all types of currencies to let you know what knowledge is important and which don’t need to be studied at all.

This article is suitable for: people who don’t have much time to study, want to learn currency knowledge, arm their brain, find good currency and buy, and then get good income.

(if you’re still wondering if bitcoin is going to make money and you need to change your mind, you can start here)

It can save you more than 90% of your time,

I don’t ask for anything in return,

I just want you to give me an unpvote and follow me.

One is to encourage my creation. You don’t know that I wrote this article for eight nights,

The other is to prevent you from looking at it next time.

Long articles with real stuffs,we officially start

catalog

1、 Besides bitcoin, what kinds of currency are there

a. What is the difference between mainstream currency, second tier mainstream currency, altcoins, junk currency, etc

b. Why is the mainstream currency worth investing

2、 How to find “good” mainstream currency / second tier mainstream / Altcoins

a There are good news + low price ambush

B The market itself is good: 1) a small steady rise; 2) The volume of coin trading decreased and the price fell

3 how to ambush a coin at low price(It may take a long time, but the benefits are also great)

a it experienced a big drop before

B trading volume was small during the period of horizontal / slow rise

c. Break through the 60 day line to buy

4. How to contact me

Before I start, I’d like to talk about my idea that a good currency is to make money and make a profit.

a. Besides bitcoin, what kinds of currency are there

b. What is the difference between mainstream currency, second tier mainstream currency, altcoins, junk currency, etc

1、 Besides bitcoin, what kinds of currency are there

At the beginning, we have to clarify the concept: bitcoin is the first digital currency invented, and all other currencies are “latecomers”.

So there will be so many mainstream coins, altcoins, hot coins and so on. Bitcoin can affect all currencies. After clarifying the concept, we turn on the coinmarketcap and turn down from the first place

Let’s talk about it one by one

mainstream coins

In the red box above are all “mainstream currencies”. Some of these coins have been popular since 2011, and some have directly changed the ecology of the currency circle, such as Ethereum smart contract. (ETH)

**another example is bch folked by btc,**controlled by a huge http://company.BM's so-called “blockchain 3.0” coin (EOS) and so on are all mainstream currencies, each with its own application. Then we will analyze the characteristics, advantages and disadvantages of the mainstream currency.

Summary:

The characteristics of the mainstream currency are: controlled by large enterprises / large funds / big shops, with high market recognition, large amount of funds and high market value ranking.

Advantages: it can make middle line investment. If the entrance point is right, it will have relatively stable and huge income.

Disadvantages: because the market value of mainstream currency is relatively high, the profit cycle of mainstream currency is generally relatively long, even more than a year.

Then, l platform currency

Platform currency, as its name implies, is the currency of the exchange platform. Why does the exchange issue currency?! It’s very simple because to make money, the platform is not short of users and traffic. The common ones are BNB, HT, OKB etc.

But we must remind you: if you buy platform currency, you should buy platform currency of major platforms. Otherwise, if small platform runs away, platform currency will return to zero directly.

Summary:

The characteristics of platform currency are: controlled by the exchange, the development of the exchange is good, and the market recognition is second only to bitcoin and mainstream currency. Whether it is investment or speculation, platform currency is good. Investment means that if you are optimistic about an exchange and buy a large number of platform currencies, the currency price will grow with the growth of the exchange.

Advantages: good market recognition, with platform protection, you can also do middle-term and short-term trading, even if you are trapped (if the position is not very high), you don’t have to worry about it. If you have a certain amount of HT, there will be a fee reduction.

Disadvantages: ① you may get ripped off by platform. What does it mean? When the price is relatively high, the platform may issue an announcement such as doubling the profit of lock position, so that you can lock your currency, so that your currency can’t be bought and sold. It will dump and you will be trapped

It will be attacked by other peers, such as okex, which has been attacked. As a result, the price of currency will fall sharply. This kind of malicious rumor will affect your currency price. After all, the exchange is also a company.

hot coin

Hot coin refers to new coins such as sushi, YIFI and YIFI2. There are always some stories behind these coins, such as the concept of so and so, which sounds very exciting. As a result, it is easy to be pumped. It rose by 70% a day and you were shocked. But this kind of currency may also dump in a minute.

summary:

The characteristics of hot currency are as follows: the rise and fall of hot currency are large. The rise and fall are controlled by makers. They can open high and go low at once, or pull 700% directly.

Advantages: short-term speculation, if you step on a good point will have a huge income.

Disadvantages: you may lose 30% or 40% in an instant. You may say that stop loss is set. Sorry, stop loss cannot be completed because the depth is too low.

second tier mainstream currency:

second tier mainstream includes XMR, ZEC, DASH, NEO, ETC and so on.

It’s better to choose some second tier mainstream currencies with good news. Why? Because the speculation in the financial market is anticipation, the second tier mainstream currencies pull is very good.

Second tier mainstream currency is better than altcoins. Counterfeit currency, and junk currency, which may directly shrink by dozens of times, while the second tier mainstream will not. It will not return to zero. It will rise more and fall more and follow the market.

Summary:

The characteristics of the second-line mainstream currency are: strong drive to pump /dump, strong market maker, and this kind of pump can be seen from the technology. If there are good news, the price will be pumped very much .

From the perspective of market value or stability, the market value of the second tier mainstream is second only to mainstream currency and bitcoin. The team and company behind him are not short of money.

Advantages: seizing good opportunities and choosing the right entrance points will bring great benefits. This is the middle line. Short term volatility will also be large.

The price will not be pumped or dumped Without bottom line, so it is also a short-term player to time the market.

Disadvantages: This second-line mainstream generally has leverage, because the market value is low, so it is particularly easy to pump and dump. There are also a lot of warehouse explosion. Moreover, if you makes a wrong judgment and does not stop loss, its assets will shrink a lot.

If you buy at the point within the red circle and you don’t set stop loss. You will be trapped for a long time.

Junk coins

This kind of currency is the place where human desire has fallen. No matter who falls into it, he will suffer a lot. This kind of place will expose human nature as a person. No matter you are a beautiful woman or a handsome man, you can’t escape from human nature. The only way to avoid suffering is to stay away from them.

How do these junk coins come out to play suckers? For example, if a project party has resources, and if they want to play suckers, they will market on hot points to issue a new currency and write a white paper, which is very simple. Find an exchange, a few social influencers to play suckers!

Note: why can digital currency make people lose their fortune and become rich overnight? That’s the reason

Summary:

The characteristics of junk currency are playing suckers, a lot of coins dump from 100 dollars to 10 cents. There is no practical use, no entity. But at the same time, if you are the project side or the first group of people, you will also reap huge benefits.

Advantages: large profit and low cost. If a project is up, it can be tens of times and hundreds of times of income. You can get rich overnight.

Disadvantages: the disadvantages are more obvious. There are few people who get rich overnight. Retail investors do not have the conditions to get rich overnight, so they will not get rich overnight.

Are people who become rich overnight really losers?

No, they have high-quality contacts, know big guys, can also provide high value, also very rich. So, they’re going to put in $5 million for this project, which is involved in the whole internal Workshop on playing suckers. So he knows very well that the 5 million will become 4 million at the worst, but he doesn’t care about the 1 million.

In the end, he turned 5 million into 500 million. Is this a loser’s counter attack? He is a high-quality person. He is totally different from some people who sell houses.

This also confirms a saying that if you want to make a lot of money, you must have the pattern and thinking to control the money.

So ordinary people must not play,

OK, all types of currency in the currency circle are mentioned above. If these currency funds are properly distributed, they can make a lot of money, and the risk can be reduced to the minimum. If you don’t use it well, even bitcoin can ruin one’s fortune.

Among all the currencies, the mainstream currency must be worth investment, which is also a better investment currency for small and medium-sized retail investors and large investors. why?

2. Why is the mainstream currency worth investing

What I mean by “investment” here is not “value investment”. What I mean by this currency is relatively high return and low risk. It’s a simple truth. Mainstream currencies have survived for such a long time. For example, the consortium funds behind letcoin and Ethereum are beyond the imagination of ordinary people. Therefore, no matter in a bear market or a bull market, coins will not die.

The first point is whether the coin will die, and the second point is whether it will pump. Yes, it will. It has nothing to do with a concept or dates, but it has something to do with the making chips enough or not. Look at the Ethereum, when it was 180 dollars, everyone yelled and beat. yet the price rise from $180 to more than $400. The fundamental reason is that the makers of Ethereum have been sucking up enough chips, and they have absorbed most of the chips after half a year.

Therefore, it is a matter of notice to pump.

So the mainstream currency must be worth investing. 1. It won’t die. 2. If it has enough money and the market is good, it will pump. So the following questions are:

How to judge the action of mainstream currency / other currencies to make chip (to be discussed at the end of the article)

The above two points can be summed up in one word — the market is good.

Finding a good market currency, and ambushing in. This point will be emphasized in the second half of the article,

2、 How to find “good” mainstream currency / second tier mainstream / altcoins

In addition to the mainstream currency, if the market is good, you can still do other currencies, because we are here to make money. As long as we reduce the risk to the minimum, you can buy it.

I’m going to write in the second half of this answer: how to find “good” coins and ambush… If you learn (I mean learn) this, you will not be short of opportunities, just wait patiently.

a. There are good news

Good currency market is prepared for the pull, but some pull behavior is predictable, such as: good news.

If you have been in the currency circle for a period of time, you should know what the good news are, such as production reduction, half reduction, main network online, XX 2.0, folking, etc., which can be understood as major benefits.

For example:

In November, the yield of Zec was halved, and the marketing makers pump twice.

The yield of dash was halved, and the marketing makers pump.

And a while ago BTS folks, look at the market

The investment market itself is speculation. If you believe in it and hold the coins, you will be ruined.

Therefore, even if there are good news, we should also buy at a low price. Therefore, the first step is to:

Find a coin that has good news.

So you need to pay attention to blockchain media

The second step is to:

Ambush in the low position. There is a point to refer to, close to the previous low point.

For example, Zec, at the beginning of the year, the concept of halving speculation is very hot. Let’s see if the currency is close to the previous low point

Yes, right. The previous low was 29 dollars, and then it was 25 dollars. It’s low enough. Let’s pull a wave.

Even BCH is close to the previous low.

You can also use this method, the first is to find currency with good news, the second is to find a position close to the previous low point to buy in batches

The above point is a bit opportunistic, because it follows the speculation expectation, but it is not undesirable. It’s just that some makers are very bad. They don’t pump, but they dump. then you will be trapped. Of course, this kind of probability is relatively small.

b. The market itself is good: ① slow rise small steps; ② the transaction volume is smaller and the price is lower

Therefore, the second point to be made is to find the currency with good market. It doesn’t matter whether there are positive factors or not. I only talk about two points

Slow rise small steps + the transaction volume is smaller and the price is lower

What is slow rise of small steps? Take a look at the disk of Neo and CMT, this is the slow rise of small steps, low points continue to rise, that when whipsawing to the trend line, is the opportunity for you and me to buy.

Neo:

Cmt:

CMT my “chinese fans group” also bought, and also profitable, because at that time I was taking a fancy to the slow rise of CMT small steps.

If there has been no large volume trading, you can buy if the price is falling back. Because the makers didn’t sell a lot. Then here comes to the second point: the The transaction volume is smaller and the price is lower.

On the volume, there is a basic knowledge, that is, high volume down is shipment, transaction volume being smaller and the price being lower are whipsawing. So we have to look at this currency. does the volume increase or decrease? It’s important. Look at the market:

The transaction volume of CMT is smaller and the price is lower. Because its purpose is to whipsawing, but most people do not have this kind of thinking ability.

If you look at the Neo market, it is actually the same. At a low point, it is impossible to go down in large volume. If the volume is large, it means that retail investors sell chips in extreme panic, such as March 12

So as long as it is at a low level and the transaction volume is smaller, it is whipsawing.

The purpose of whipsawing is to let retail investors throw away their coins.What will you do if you know the intention?

I’ll buy.

Therefore, if we buy a certain currency, whether mainstream or altcoin, we can find some coins that have a slow rise and buy them when its transaction volume is smaller and its price is low.

. Then set a stop and wait for it to rise.

3、 how to ambush currency method (it may take a long time, but the profit is also great)

The last real stuff that I only talk about in my “fans groups”. Now, free sharing does not mean that it is cheap, but I want to say that investment in bitcoin requires technology, and making money also requires technology. Why are there so many gamblers?

Because they have no technology, they are controlled by greed.

To get to the point, there are four points to look for the ambush coins. This is another complete technology different from the previous one.

a. Experienced a big drop before

Looking for an ambush currency needs to find one that has experienced a big fall before, because there are no more than three states of currency price: up, down and horizontal. So after a big fall, will it fall?

Probably not. It will go sideways and up. That’s the purpose. Let’s take an example. Hive is an example. It has experienced a big fall before, and then it has been raised. This currency is also what I did in my fans groups before.

So after experiencing a big fall, it is easier to rise or go sideways. This is the first point of the ambush currency, which determines the general direction.

b. The trading volume is very small during the period of horizontal / slow rise

After the first screening, we’ll find currencies that either go sideways or rise after a big fall. The second point to see the volume, when the market is sluggish, the volume is very small, what does it mean?!

It shows that makers are making chips. The purpose is to control the market, making chips is in the horizontal market most of the time. After all, there are few opportunities for extreme retail investors to send chips like 312.

OK, during the period of slow rise / sideways / small fluctuations,the trading volume is particularly small, this time we judge that the market makers are making chips, but still can not buy.

Because you blindly entering will be whipsawed very painful by market makers, so you have to wait for the opportunity, it is best to wait for market makers finish whipsawing and try to pump.

For example:

c. Break through the 60 day line to buy

The circle part is the focus of the article, MA60 is a very strong moving average. Breaking through MA60 means the average price of currency price in two months. That two months is also the short-term time for market maker making chips, so the day when k line breaks through MA60, we can buy.

let’s see other examples.

Bts

Ae

4、 How to contact me

If you have any questions about the above content, please contact me by private letter. If I see it, I will reply.

In fact, there are many ways to find coins and make profits. Here I give a few technical methods. Take a closer look,

That’s what you really want to study,

All the other fancy things are the same as I said at the beginning,

It’s a waste of energy.

last,Congratulations, you’ve saved a lot of time,

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