The dumbest yet most stable method for trading cryptocurrencies: Monthly golden cross + 60-day moving average strategy, easily achieving the "eternal profit" model
After struggling in the crypto space for many years, I have tried countless trading strategies: short-term breakouts, swing trading, contract leverage, altcoin ambushes... but I ultimately found that the method that allows me to earn continuously is actually the simplest and dumbest method.
This method does not require complex indicators, does not require staying up late to monitor the market, and does not require frequent operations. As long as you strictly follow it, you can steadily gain the safest profits from the market.
Today, I will fully share this strategy; as long as you follow it, making 3%-10% daily is not difficult.
Step 1: Filter for strong cryptocurrencies (Top 50 in 11-day increase + exclude continuously declining coins)
The market is always rotating, and funds are always looking for new hotspots.
1. Identify the top 50 cryptocurrencies by increase over the past 11 days (you can check this on CoinMarketCap or other platforms)
2. Exclude coins that have declined for more than 3 consecutive days
Funds may have already taken profits and exited, which poses a higher risk.
Logic:
Short-term strong coins indicate that there is funding driving them, and the probability of continued price increases is high.
However, if a coin has already retraced for 3 consecutive days, it indicates that funds may be offloading, making it risky to enter at that time.
Step 2: Confirm the trend with the monthly MACD golden cross
Long-term cycles determine direction, while short-term cycles determine entry and exit points.
1. Open the monthly candlestick chart (1M)
2. Check if the MACD has a golden cross (DIF crossing above DEA)
Why look at the monthly chart?
A golden cross at the monthly level means that the overall trend has shifted to bullish, and the probability of subsequent price increases is extremely high.
Note: If the monthly MACD is still in a death cross, it indicates a downward trend, so do not engage!
Step 3: Daily 60-day moving average low-buying point
Moving averages reflect the market’s average cost, and the 60-day moving average is the core support of the medium-term trend.
1. Open the daily chart (1D) and pull up the 60-day moving average (MA60)
2. Wait for the coin price to pull back to near the 60-day moving average
3. When a strong bullish candle appears, decisively enter the market
Many people incur losses not because their method is wrong, but because they
fantasize about further increases when they should sell!
They are reluctant to cut losses when they should stop loss
They always want to catch every fluctuation, resulting in frequent trading and being harvested!
Remember: There are always opportunities in the market, but once the principal is gone, it’s really gone!
If you don’t understand cryptocurrencies, make sure to follow Wenge! Choices often matter more than effort! #BTC #sol
