How can ordinary people earn 1 million in the cryptocurrency market within a year?
Today, I will share a method that is applicable to everyone!
1. Add cryptocurrencies that have risen in the rankings within 11 days to your watchlist, but be careful to exclude any cryptocurrencies that have dropped for more than three days to avoid capital fleeing after profits.
2. Open the candlestick chart and only look at cryptocurrencies with a golden cross on the MACD at the monthly level.
3. Open the daily candlestick chart and focus only on a 60-day moving average. As long as the cryptocurrency price pulls back to near the 60-day moving average and a strong volume candlestick appears, then enter the market with a heavy position.
4. After entering the market, use the 60-day moving average as a standard. If the price is above the line, hold your position; if it drops below, exit and sell. This process is divided into three details.
① When the price increases by more than 30% during a wave, sell one-third.
② When the price increases by more than 50% during a wave, sell another one-third.
③ This is the most important part and the core that determines whether you can make a profit: if you buy in on the same day and the next day an unexpected situation occurs, causing the price to fall below the 60-day moving average, you must exit completely without any lucky thinking.
Although the probability of falling below the 60-day moving average using this method of selecting cryptocurrencies based on the monthly and daily charts is very low, we still need to have risk awareness. In the cryptocurrency market, preserving capital is the most important thing. However, even if you have already sold, you can wait to buy back when the conditions for a buy signal are met again.
Daily opening of positions, continuously profitable. Friends who are confused about making money and want to recover their losses, hurry up and get on board
