Here are some of my views and methods for ambush with a high success rate:
1. Ecological background: I usually first study the ecosystem in which cryptocurrency exists. This includes the development potential of the market and comparison with other related projects.
I like to check the project’s profile, official website, Twitter account, and white paper, which can provide basic information about the project.
2. Fundamental analysis and chip situation: Fundamental trends are crucial to the timing of entry. I will observe the early market performance and chip distribution to look for relatively low entry opportunities. A reasonable buying point can significantly affect the profit-loss ratio of investment.
At the same time, I will set a target selling position, which can help me avoid emotional fluctuations and make smarter decisions.
3. Project team and strength: It is necessary to understand the project team and investor background. I will visit the official website of the project to look for professional big V articles and insider information to get more information about the strength of the project side. Only a strong team can bring stable development prospects.
4. Blockchain positioning: The positioning of a blockchain project is very important to its long-term development. I divide projects into two types: those that serve the blockchain and those that are served by the blockchain. The former usually has stable market demand, is easier to achieve self-hematopoietic function, and does not completely rely on market speculation. The latter may rely on market enthusiasm and hype to promote development, but its profitability is poor and it is difficult to achieve long-term development.
5. Market psychology and institutional analysis: In the cryptocurrency market, investor psychology and institutional behavior play a key role in price fluctuations. I try to avoid blindly chasing ups and downs, and instead think from an institutional perspective to better understand the risks and opportunities in the market. You’ve all seen this, why don’t you give me a follow? Dig good coins together and become the big winner in the next bull market.