After six years of trading cryptocurrencies, I've earned 10 million. Behind every penny is a lesson learned through blood and tears! This market always repeats the same secret: 90% of retail investors follow the news to trade cryptocurrencies, 9% of smart individuals watch the movements of the big players, while 1% of wolf-like players are dissecting market trends using moving averages. Step 1: Verify the legitimacy of moving averages Treat the daily moving average as three distinctly different seasoned doctors — the 5-day line is the head of the emergency department, the 30-day line is a master of internal medicine, and the 60-day line is like an expert comfortably seated in a grand chair. When the head of the emergency department suddenly perks up and rushes to check the pulses of the two seniors (the 5-day line crosses above the 30/60-day lines), this signals that the market is preparing to enter ICU for rescue. Conversely, if the head of the emergency department slips and rolls off the grand chair (the 5-day line crosses below the 30/60-day lines), don't hesitate, immediately adjust your position. Step 2: Establish a trading system to prevent emotional trading Now please stick a note on your trading interface, writing in bold marker: When moving averages clash, mere mortals retreat. When the 5-day line and the 30-day line entwine like twisted dough, entering the market at this time is equivalent to rolling dice and guessing odd or even. True hunters only pull the trigger when all three lines are marching in the same direction. Here’s a counterintuitive piece of knowledge: In the cryptocurrency world where wild fluctuations are commonplace, the strategy of using daily moving averages becomes deadlier the simpler it is. Just like true martial arts masters don’t need to show fifty starting moves, a breakout of the 5-day line signals drawing the sword, while a turn of the 60-day line indicates the moment to sheathe it. Step 3: Weld discipline onto the trading platform I’ve seen too many people write their trading plans on napkins, only to tear them up in the middle of the night when a sudden spike scares them into wiping cold sweat off their forehead. The most ruthless yet merciful aspect of the daily moving average strategy is that it forces you to become an emotionless signal execution machine. Here’s a dark humor: A trader who consistently profited using moving averages for three years received a 5-day line breakout alert at his wedding last year. He literally ducked into the restroom to close his position before coming out to exchange rings. Afterward, his bride scolded him while tugging on his ear, but upon seeing the account balance, she silently swapped his monitor for a top-tier model. (Etch this into your mind: You can doubt your own actions, but never doubt the already formed synergy of moving averages) If you want to make money, don't be a lone warrior. Follow me.
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