Essential for Beginners: Simple Cryptocurrency Trading Method, Guaranteed Profits! Want to achieve financial freedom through cryptocurrency trading? Let me share a true story.
I know a middle-aged man who was originally an ordinary taxi driver. After accidentally getting involved in the crypto space, he began to seriously study trading and successfully turned his life around with a simple and effective method. Today, his assets have surpassed 8 digits!
His trading strategy consists of only 4 steps, which are very simple yet incredibly effective. Here are the specific actions:
Step 1: Choose a Cryptocurrency
Open a daily chart and only select cryptocurrencies with a MACD golden cross, prioritizing those with a golden cross above the zero axis, as this is the condition with the highest success rate!
Step 2: Buy Signal
Switch to the daily chart and focus only on one moving average—the daily moving average. The rules are straightforward:
Above the line: Buy and hold when the price is above the daily moving average.
Below the line: Sell immediately when the price falls below the daily moving average.
Step 3: Position Management
After buying, observe the price and trading volume:
If the price breaks above the daily moving average and the trading volume also stabilizes above the daily moving average, buy with the entire position.
Selling strategy:
If the increase exceeds 40%: Sell 1/3 of the position. If the increase exceeds 80%: Sell another 1/3 of the position. If it falls below the daily moving average: Liquidate all remaining positions.
Step 4: Strict Stop Loss
The daily moving average is at the core of our operations. If the price suddenly falls below the daily moving average the next day, regardless of the reason, you must sell your entire position—don’t take chances! Although the probability of falling below the daily moving average is very low with this screening method, we must still maintain risk awareness. After selling, just wait for the price to stabilize above the daily moving average again, and you can buy back.
This method is simple and easy to learn, making it very suitable for investors who want to achieve stable profits. Remember, the key to success lies in strictly executing each step and not being swayed by emotions!
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