Topic: Turn on the 3 most profitable hold coin steps (Read 123 times)

Let's with me bring profit on the 3 most profitable hold coin steps

Step 1: What kind of coin to hold?
To hold a successful coin, it is important to first decide what kind of coin to invest. It can be divided into 4 groups of coin:

Group 1: Coin group has great influence on the market.
Group 2: Coin group of Top 1.
Group 3: Coin group has a potential technology platform, being circulated on the exchange.
Group 4: ICO cohort with long-term projects, vision, strategy and feasibility.

Step 2: Determine the coin hold time
Once the coin has been identified, the holder begins with step 2 to determine the coin hold time. It depends on the type of coin you choose at different times. As follows:

For coin group 1,2,3
You can start holding one of the following two times:
1. Long-term and long-term downtrend.
2. When the market trend moves up.
So the golden time to hold coin is when the market moves from freezing to broad and booming in the future.

For example:
When A market is hot, you should not hold and do not try to find hold points. Instead, prepare your knowledge and wait for the opportunity. After the fever will be the market will move to cold, at this time do not rush hold, continue waiting for the opportunity.
When the market shows signs of warming up again, it begins to "act".
If the holder buys at the time the market is showing signs of decline, the holder will feel depressed because it will continuously decrease after a few days.
For coin group 4: can be purchased as soon as ICO.

Step 3: Set up coin hold strategy
Strategy 1: Hold until the target is hit
This strategy means that the holder will keep until he reaches his target and sells it, making a profit.

For example:
Initially you bought a BTC for $ 3000 and set a target price of $ 15000 for the sale.
This hold strategy seems to be very inefficient. Because there will be cases where prices are not reaching your target. It may take up to $ 14000 to start turning down, which means you have to wait a bit longer, until you reach the target.

Strategy 2: Flexible Hold
The purpose of this flexible hold is to increase the amount of coin as much as possible and sell it at the most appropriate time.

For example:
When BTC is priced at $ 3000, you buy 1 BTC. By the time the BTC is priced at $ 4500, you sell it for $ 4500.
Continue with this $ 4500 buy out BTC for $ 4000. Go on like this, after a while you will see the number of BTC will increase.
The point is to remember that you are holding, not trade, before determining the sale of the BTC price of $ 4500 you have to determine a price that will definitely come back, and lower than the price you sold.
That is assuming the price is $ 10,000 but if you can not determine whether it is reduced to $ 9000 or not, it does not sell, but the price is $ 6000 but you determine the price will drop to $ 5000 can sell.
Because our goal now is to increase the number of coin, so only sell when the point of purchase is better.

Strategy 3: Long-term hold
This strategy is mainly applied to long-term currencies that you trust. You can buy and wait until the saturated market sells.
Here are three important steps to help you hold a successful coin.
In parallel to these three steps, the holder also needs to know how to allocate capital when holding, learn how to analyze techniques to get to what level of target is appropriate to avoid premature or too distracting. I hope this article is useful for the holders, wish the holder success.