The correlation between the CHZ coin and the World Cup cycle is quite interesting. The World Cup, which occurs every four years, is coming up soon, and my strategy is to wait for a pullback to build a position. I still haven't fully grasped the market trends, and no one can say for sure whether it will get dumped directly.



I looked through the data, and the price that CHZ reached during the 2022 World Cup final in November indeed provided a good reference point. Based on that level, if it touches again around the finals in June next year, there is at least a sixfold potential from the current price. But there is a prerequisite here – you must clear your position in advance in April to May before the finals, don't wait until the event's popularity cools down.

The key is when to exit. The characteristic of sports event concept coins is that they are obviously event-driven, and after the climax, they are prone to a pullback. So, when the opportunity for adjustment comes, accumulate at lower prices, and then wait for the event's popularity to heat up before starting, which will make cost control and returns look better.
CHZ0.54%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
Yohogovip
· 12-23 13:47
Merry Christmas, bull up! 🐂
View OriginalReply0
0xTherapistvip
· 12-23 09:52
Seize the last opportunity to enter a position.
View OriginalReply0
SocialAnxietyStakervip
· 12-22 06:51
The experience of failing twice.
View OriginalReply0
StrawberryIcevip
· 12-22 06:46
The World Cup is a barometer.
View OriginalReply0
TheMemefathervip
· 12-22 06:39
I have to say, you really know your stuff.
View OriginalReply0
AlwaysQuestioningvip
· 12-22 06:31
You need to enter quickly.
View OriginalReply0
YieldHuntervip
· 12-22 06:30
Seize the mid-game Rebound.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)