$ETH $$BTC

Seven years of trading cryptocurrencies. In the first three years, I lost over 100, and in the following years, I made back several hundred. Every penny behind this is a lesson learned through blood and tears!

This market always repeats the same secret: 90% of retail investors focus on news to trade cryptocurrencies, 9% of smart people pay attention to the moves of the major players, while 1% of fierce competitors are dissecting market genes using moving averages.

Step One: Verify the moving averages. Treat the daily moving average as three distinctly different old Chinese medicine doctors — the 5-day line is the head of the emergency department, the 30-day line is an internal medicine expert, and the 60-day line is sitting in the specialist outpatient office in a grandmaster's chair. When the head of the emergency department suddenly perks up and jumps to check the pulse of two senior mentors (the 5-day line crosses above the 30/60-day lines), this is a signal that the market is preparing to enter the ICU for rescue. Conversely, if you find the head of the emergency department slipping and rolling off the grandmaster's chair from the outpatient office (the 5-day line crosses below the 30/60-day lines), don't hesitate, immediately adjust your position.

Step Two: Establish a trading system to prevent impulsive decisions.

Now please stick a note on your trading screen and write in bold marker: When moving averages clash, mortals withdraw. When the 5-day line and the 30-day line are entangled like twisted dough, rushing into the market is like rolling dice and guessing odd or even. True hunters only pull the trigger when three lines are lined up marching in the same direction.

Here’s a counterintuitive piece of trivia: In the cryptocurrency market where volatility is the norm, the strategy using daily moving averages is increasingly simple yet deadly. Just like real martial arts masters face off, they never need to show fifty different stances; a breakout of the 5-day line is the signal to draw the sword, and when the 60-day line turns, it means to sheathe the sword.

Step Three: Weld discipline to the operating table.

I’ve seen too many people write their trading plans on napkins, only to be scared into tearing up the napkin to wipe their cold sweat when a sudden spike occurs in the middle of the night. The most cruel yet merciful aspect of the daily moving average strategy is that it forces you to become an emotionless signal execution machine.

Here’s a piece of dark humor: A trader who used the daily moving average strategy to steadily profit for three years received a warning of a 5-day line break at a wedding. He hurried to the restroom to close his position before coming out to exchange rings. Later, the bride grabbed his ear and scolded him, but after seeing the account balance, she quietly got him a top-of-the-line monitor. #特朗普接受比特币和加密货币作为总统竞选捐赠渠道 #以太坊ETF批准预期