Must-Read for Beginners: Simple Cryptocurrency Trading Method, Guaranteed Profits!
Have you ever dreamed of achieving financial freedom through cryptocurrency trading? Today, I want to share a true story that I hope will inspire you.
I know a gentleman who was originally an ordinary taxi driver. By chance, he got involved in the cryptocurrency space and began to seriously study trading strategies. With a simple yet effective method, he successfully turned his life around, and now his assets have exceeded 8 digits!
His trading strategy consists of just 4 steps, which are easy to execute but yield amazing results. Here are the specific methods:
Step 1: Choose Cryptocurrency
Open a daily chart and filter out cryptocurrencies that meet the following criteria:
MACD Golden Cross: Prioritize golden crosses above the zero line for a higher success rate!
Step 2: Buy Signal
Switch to the daily chart and focus on the daily moving averages (like the 20-day or 30-day moving average).
Above the line: When the price stands firmly above the daily moving average, buy decisively.
Below the line: Once the price drops below the daily moving average, sell immediately without hesitation.
Step 3: Position Management
After buying, dynamically adjust your position based on price and trading volume.
Buying Timing: When the price breaks above the daily moving average and the trading volume increases simultaneously, you can buy with your full position.
Selling Strategy:
40% Gain: Sell 1/3 of your position to lock in some profits.
80% Gain: Sell another 1/3 of your position to secure further gains.
Drops below the daily moving average: Liquidate all remaining positions to avoid giving back profits.
Step 4: Strict Stop-Loss
The daily moving average is the core basis for operations, and discipline must be strictly followed.
If the price suddenly drops below the daily moving average the next day, for any reason, immediately sell all positions without any hope! After selling, patiently wait for the price to stabilize above the daily moving average before considering buying again.
This method is simple and easy to learn, suitable for beginners who want to achieve steady profits.
Key Points:
1. Strictly follow trading signals and don't rely on feelings.
2. Control your position, take profits in batches, and avoid greed.
3. Firmly implement stop-loss to protect your capital.
Remember, successful investing is not about complex techniques but about discipline and execution. If you can stick to this method, the long-term returns will surely surprise you!
If you don't understand cryptocurrency yourself, like and follow the master!
Whether it's fresh goods or harmony! Success is not just about luck; choices may outweigh effort.
