A Foolproof Method for Trading Cryptocurrency!!! Let me tell you a very simple and almost guaranteed method for trading cryptocurrency. It may sound a bit silly, but it really works!
I know a senior who used to run a supermarket. Later, he entered the crypto world and achieved a turnaround in his life using this method. Now his assets are in the eight-figure range! His method consists of four steps, from selecting coins to buying and selling, and each step is very clear, making it especially suitable for beginners.
Step 1: Select Coins Open the daily chart and only look at those coins with MACD golden crosses, especially those above the zero line, as they perform best! A MACD golden cross occurs when the short-term moving average crosses above the long-term moving average, typically a buy signal.
Step 2: Check the Daily Moving Average Switch to the daily chart and only look at one moving average—the daily moving average. Remember this principle: hold on when above the line, sell off when below the line. If the price is above the daily moving average, hold it; if it falls below, sell it.
Step 3: Buy When the coin you selected breaks above the daily moving average and the trading volume is also above the daily moving average, you can buy in fully. This indicates a strong trend, and there is a high probability it will rise.
Step 4: Sell Selling is done in three steps: 1. When the coin price rises by 40%, sell 1/3 of your position; 2. When the coin price rises by 80%, sell another 1/3; 3. If the coin price falls below the daily moving average, liquidate your position immediately without hesitation! The most important point: Risk Control
If the price suddenly falls below the daily moving average the next day after buying, do not hold onto false hopes; sell everything immediately! Although the probability of falling below is very low using this method, you must have risk awareness. Wait for the price to get back above the daily moving average before buying again.
This method is simple but very practical. The key is to strictly execute it without being greedy or panicking. Take your time, proceed steadily, and making money is just a matter of time!
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