Hello to my friends who love life and always keep smiling despite all kinds of negativity. I am writing this article to remind my friends who were waiting for their profits in the previous bull trend and lost while waiting for it to rise a little higher.
I'm not going to tell you which cryptocurrency you should buy here. I will tell you when you should receive your winnings.
If you're ready, let's start…
With the statements of the FED, the cryptocurrency markets got rid of the dollar and interest pressure until the end of the year. This led investors to turn their attention to the cryptocurrency markets. In the autumn months, we will enter the bull season in cryptocurrencies with the SEC's approval of EFTs.
Bitcoin, which is the expectation of everyone, can come true for $ 100000.
In my opinion, you need to determine the cryptocurrencies you will buy at this time and start buying from the bottom as a result of technical and fundamental analysis.
You also need to determine your risk level for the cryptocurrency you buy. So how much profit will be enough for you.
For instance;
While X2, X3 (ETH, LINK, UNI, AAVE, … ) is a correct risk management in voluminous cryptocurrencies, X5 – X10 (CHZ, ENJ, MANA, MAN, GHST, DEGO, … ) is the right strategy in non-volume cryptocurrencies.
A question comes to your mind: What will we do with X100, X200 builders… Most of them are tokens with new IDO, Launchpad and not listed on exchanges. You need to follow them constantly on twitter and telegram addresses. Think of these as daily or weekly gains, not long-term, and you should act as such. So buy and don't look back…
I usually don't buy from Launchpad or IDOs. If the buying tokens are not locked for 3 or 6 months, the investors sell immediately. I buy after b sales. I set up my sales plan according to what they say on their roadmap.
For instance;
Shirtum (SHI) performed 3 IDOs in June-July-August. Selling prices are $0.027 - $0.035 - $0.042. Its initial price on the PancakeSwap listing is $0.050. I waited and received 1632 SHI, not 1000, with the same investment in the appropriate time frame. I have X2 wife now. The mobile application has been tested. I examined it. In a few minutes the staking program will begin. There are plans to be listed on exchanges afterward. So far, they are doing it, although there is a delay in the dates. I will say goodbye after the news of this coin being listed on a major exchange.
Meanwhile, I'm doing coin research like this one. I am preparing for my second and third investment.
For me, cryptocurrencies other than Bitcoin and Ethereum are not indispensable.
If you are trading on decentralized exchanges, you need to constantly monitor the cryptocurrency. But if you are trading in stock markets; When you reach your planned profit, what you need to do is to use the stop-loss process. With stop-loss, you place an order at the price you set, and this is done without you. Or, as the Price increases, you revise the stop-loss and you can earn higher profits. The decision is yours…
Click for information about the cryptocurrency cycle...
Click for what to do to choose the right cryptocurrency ...
At the end of my article; I said I wouldn't recommend cryptocurrencies to you, but I gave some tips in the examples. For others, I recommend you to review my previous articles. Especially the projects that I noticed in Polkadot (DOT) and Solana (SOL) ecosystem… Click if you want to review…
As I mentioned in my article, do not hold cryptocurrencies for too long. Except for Bitcoin and Ethereum… You must have a goal. Sell when high, buy thought. Thus, you increase the amount of your favorite cryptocurrency…
Thank you for reading my article to the end. If you want to support me; Please don't forget to follow and leave a tip...
As I always say, listen to everyone, decide for yourself...
Buy when everyone is selling, sell when everyone is buying...
I'm looking forward to your comments. Thanks to your comments, we can shape my next articles together. Let's stay in touch... Take care of yourself so that you and the people around you will be happy...