There is a dumbest way to trade in cryptocurrencies. I have tried many trading methods, but most of them lack practicality. Only this method has enabled me to achieve relatively continuous profits. I am still using this method until now. It is high and very stable.
Don’t worry about whether you can learn it or not. If I can seize this opportunity, you can too. I am not a god, just an ordinary person. The difference between others and me is that others ignore this method. If you can learn this method and pay attention to it in the later trading process, it can help you earn at least 3 to 10 points more profit every day.
First, the first step is to add the coins that have been on the list of rising prices within the past 11 days to your favorites. However, please note that coins that have fallen for more than three days need to be excluded to prevent funds from taking profits.
Step 2: Open the K-line chart and only look at the coins with MACD golden cross at the monthly level.
Step 3: Open the daily K-line chart. Only look at the 60-day moving average here. As long as the currency price pulls back to near the 60-day moving average and a large-volume K-line appears, enter the market with a heavy position.
Step 4: After entering the market, use the 60-day moving average as the standard, hold on to the line, and sell when the line is below the line. There are three details in total. The first is to sell one-third when the band's increase exceeds 30, and the second is to sell another third when the band's increase exceeds 50. The third is the most important and the core that determines whether you can make a profit. That is, if you buy on the same day, and some unexpected circumstances occur on the second day, and the currency price directly falls below the 60-day moving average, then you must
Exit the market completely and don't have any fluke mentality. Although the probability of falling below the 60-day line is very small through this method of selecting coins by combining the monthly line and the daily line, we still need to have risk awareness. In the currency circle, the most important thing is to protect the principal. However, even if you have already sold it, you can wait until it meets the buying point again and then buy it back.
In the final analysis, the difficulty in making money is not the method, but the execution. “When the price of the currency falls directly below the 60-day moving average, you must exit the market completely and don’t have any fluke mentality.
In short, you cannot be stubborn in the cryptocurrency circle. Being able to adapt to changes is the way to survive in the market for a long time. So here we must pay attention that the situation of the overall market and individual coins is completely opposite. On the surface, cryptocurrency speculation is a competition with the market, but in fact it is a competition with human nature. The risks you see on the surface may be opportunities. Sometimes you see an opportunity, but it may be a trap to tempt you.
