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According to AssetDash, an institution’s market capitalization asset ranking website, as the price of Bitcoin has exceeded $50,000 recently, the market has swept away the industry's gloom caused by policies in the past few months. The market value of Bitcoin has surpassed Tesla(US$7200 billion), which has frequently made high-key appearances in the science and technology industry by an extremely advantage of US$9700 billion and has secured the seventh position in the global market capitalization list, behind Apple, Microsoft, AIphabet, Saudi Aramco, Amazon, and Facebook.
Driven by Bitcoin, the market is on the verge of going nuts, and various altcoins have begun a "skyrocketing age" up to 20 to 30% for many consecutive days.
In the cryptocurrency field everything has skyrocketed and the carnival continues; outside the field because of the continuous popularity of NFT, it has won countless fans such as NBA stars, football superstars, artists, collectors, musicians, film and television producers, etc all have embraced the field of encryption. A pixel had been sold for several million dollars, which is astounding, a blur profile is maddening the world with tens of millions of dollars. However, this chain is full of punk spirit, perseverance and pursuit, persistence and belief and the charm of cryptography, there are still filthy and complicated human nature, disguise and scam.
However, under the FOMO mood, those new investors who rush in the NFT field without fully understanding the concept and game rules as well as those "believers" who blindly follow the trend and buy NFT with a lot of money, are likely to eventually become the takers of the NFT bubble and has led to a loss of money.
Therefore,for the majority of new investors who either have any knowledge of encrypted industry or want to participate in investment quickly,how do you step in the encrypted field smooth and steady and double your portfolio with the market fluctuation?
These are methods recommended as follows:
1. Fixed investment
The logic of fixed investment is to extend the investment period, dilute the cost indefinitely, and finally obtain a very stable investment method for positive returns. In traditional finance, investors often use fixed investment to invest in stocks, bonds, and funds. In the field of encryption, new investors may wish to invest in cryptocurrencies by means of fixed investment. You can consider preferentially choosing popular currencies (except stable currencies) with the top ten market capitalizations, such as BTC, ETH, UNI, LTC, and so on.
2. Mining
Mining is also a long-term investment method and the cost of obtaining coins from mining is relatively low. However, for investors the threshold is high. To get involved in mining, you need to understand the mining machine's coin production principle, mining machine operation and custody knowledge and the cost of the mining machine is extremely high, and normally investors may not consider choosing mining, but investors with sufficient funds can consider this method.
3. Use quantitative trading to keep snowballing your portfolio
When your assets are not abundant and don't willing to make a fixed investment but still attempt to make an investment with a stable upward movement, quantitative trading would be a good option for you,Vtrading is a digital asset AI quantitative service platform, no need to watch the market all the time, save your time, Intelligent trading can be realized 24\7; zero threshold enters the investment field, one-click investment of funds, faster and more accurate grasp of the market; regardless of the market fluctuations, the strategies provided on Vtrading can help investors arbitrage in the turbulent range and make the income is more stable , 400+ days experience of real market verification with an annual average of 50%+.
When the market continues in the bull market in the next six months I hope we will not miss it.
About Vtrading
Vtrading started in December 2017. It aims to provide differentiated and quantitative strategy services for different needs, providing users with visual graphic element platform editing strategies, Hbase system quick debugging and backtesting, and one-click release of PC-side strategies to the APP-side strategy mall. , Intelligent quantitative custody execution, intelligent documentary system, independent rebate system, private customized deployment of large customers, third-party embedded systems and other services, users only need to authorize through API to realize AI automatic transactions.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.