In the cryptocurrency world, how hard is it to turn a few thousand into 1 million?
In the cryptocurrency world, if you want to turn a few thousand into 1 million, there is only one way: rolling over your capital.
It takes about 1 to 3 years!
The specific method is divided into two steps:
First step: First, use a few thousand to earn 100,000 (expected time: 1 to 3 months).
Second step: Use 100,000 to earn 1 million (expected time: 1 to 3 years).
These two steps have been repeated many times and have been validated through tens of thousands of trades. I will share this method with everyone, pure practical advice, remember to save it!
1. A must-read for cryptocurrency beginners, reject gimmicks! Four-step trading method, small capital can also snowball.
First step: Only recognize golden cross signals.
Don't be blinded by various news and trends. Open the daily chart and focus solely on the MACD indicator. When you see a golden cross, especially one that occurs above the zero line, it's like discovering a treasure. Once this signal appears, don't get caught up in other factors; directly add it to your shortlist.
Second step: One moving average determines buying and selling.
Switch to the daily chart and focus on one daily moving average. When the price firmly stands above the moving average, don't hesitate, enter decisively; once it falls below the moving average, regardless of your feelings at that moment, liquidate immediately. The market trend is complex, but this line acts like a conductor's baton, telling you when to enter and when to exit.
Third step: Knowing how to buy is just as important as knowing how to sell.
After buying, don't just be a passive investor. Use trading volume to gauge: if the price and trading volume both stand above the moving average, you can boldly go all in. When the price rises by 40%, sell one-third to lock in profits; when it rises to 80%, reduce your position further; if it falls below the moving average, liquidate the remaining shares without hesitation.
Fourth step: Stop-loss must be quick, precise, and ruthless.
Many people lose money because they are 'too soft-hearted' and can't bear to cut losses, resulting in deeper losses. The core of this method is to strictly enforce discipline—once the price falls below the daily moving average, without a second thought, exit immediately, without any hesitation.
This method may seem simple, even a bit 'foolish', but it is practical and effective.
While it may not make you rich overnight, it excels in stability and reliability, allowing for a good night's sleep. In the cryptocurrency world, to turn things around, it's not about luck but a reliable trading system.