I used the dumbest method for trading cryptocurrencies, with a win rate of nearly 100%. I made over 10 million using this method!

First: Trend-following take profit. Traders all have a set of trading and money management plans. When making a plan, there should be entry prices and profit targets. When you trade with the trend, you should hold onto profitable positions as long as the trend remains unchanged.

When the market price reaches important support and resistance levels, pay close attention to market trends and use various methods to analyze whether there are signs of a trend reversal. If you believe the market has reversed, you should take profit on $ETH.

Second: When you have chosen the right time to enter the market and trade according to your trading plan, it has been proven that you are trading with the trend, so you should firmly hold your position and let it profit with the market changes. When adjustments occur, you don't need to be alarmed; you should still hold your position. However, there is a situation where you must close your position, which is when the market price retraces to the level where you opened your position, and nearly all of your profits are gone; you must take profit and exit $XRP.

Third: When you are trading with the trend and your profitable positions are quite substantial, and you are very worried about a market adjustment, or when the market price reaches support or resistance levels, you can also use a gradual take profit method to avoid risk and expand your gains.

For example, if you have established a short position and the market is declining, and your position's profit is quite substantial, when the market price drops to a historically significant resistance level, you can reduce your position by 1/3 or half, while continuing to hold the remaining position and observing the trading situation near the resistance level.

If it breaks through the resistance level and continues to decline, you should restore the position you have already closed; if there are signs of a trend reversal near the resistance level, you should close all positions to take profits.