RIF | Keeping It Simple —Buy & Hold (222% BU-Pot.)Let's go straight to the point on this one since I already did a full analysis on the RIFUSDT pair.
Here we can see a major decline, leading to a new all-time low. The bottom becomes flat. As the action flattens, trading volume starts to increase, exponentially.
Because of the all-time low, a reversal would not mean/be a short-term thing. If the reversal is confirmed; expect maximum growth.
On the flip side: If there is another drop, it should be the last one, so the strategy is very, very easy... Buy and hold strong.
If prices drop some more, buy the dip and continue to build your position focusing on the long-term. The lower it goes, the more you can buy. After you are in, there is nothing to do, no action to take, you just wait.
How long to wait?
Wait 3 days, 5 days, 5 weeks or 6 months... It makes no different. The only important factor to take into consideration is the price. It should be higher in 2025 than anything you see in 2024. With that piece of information in mind, you can win now with a simple strategy of buy and hold; it applies to all the altcoins.
Thanks a lot for your continued support.
Namaste.
