Crypto Coin Investment Strategy

Crypto Coin Investment Strategy. Doge investors switching to shiba inu? You might notice some coins correlate where when one goes up, the other goes down.

At its simplest then, this strategy involves buying when the price is lower than the last high. It’s similar to how stock investors invest in blue chips, only that cryptocurrencies are relatively much more volatile. In fact, a lack of patience is the main reason most new investors leave the crypto space on a bitter note.

Always be on the lookout for signs that a coin is breaking out of its current price channel.

At its simplest then, this strategy involves buying when the price is lower than the last high. If executed correctly, it will help you avoid mistakes like selling your crypto stash out of fear it will go to zero. One such strategy is to purchase the micro cap based upon a “breakout” of a major resistance. In fact, a lack of patience is the main reason most new investors leave the crypto space on a bitter note.