Cryptocurrency Newbie Benefits! An 'Foolproof' Trading Strategy with an 80% Success Rate

Today, I'm going to share an ultra-simple 'foolproof' trading strategy that even if you are a complete beginner with no technical background, you can easily master it. It is said that the success rate is as high as 80%!

1. Choosing the Right Coins

First of all, before entering the market, you must choose the right coins. Those that are in an upward trend or at least stable are our targets. Coins that are declining or have a clear downward trend should be avoided and excluded from our choices.

2. Fund Allocation and Buying Timing

Divide your funds into three equal parts; this is a key step. When the coin price successfully breaks through the 5-day moving average, bravely buy the first portion, which is one-third of your funds. Then, if the coin price continues to rise and breaks through the 15-day moving average, decisively buy the second portion of one-third of your funds. If it can push through the 30-day moving average, invest the remaining one-third without hesitation. Remember, every step must be strictly followed; this is the foundation of the strategy's success.

3. Holding and Selling Timing

After buying, things get a bit more complicated, but don’t worry; the rules remain simple. If the coin price goes above the 5-day moving average but fails to break through the 15-day moving average and starts to fall back, as long as it stays above the 5-day moving average, hold your position; once it drops below the 5-day moving average, sell immediately.

Similarly, when the coin price breaks through the 15-day moving average but lacks momentum, as long as it doesn't drop below the 15-day moving average, hold steady; if it does drop below, sell one-third first. At this point, if the 5-day moving average portion remains stable, continue to hold and observe.

When the coin price breaks through the 30-day moving average and then falls back, still follow the above rules; sell when it's time, and don’t hold onto false hopes.

4. Reverse Operation for Selling Coins

When selling coins, the rules are consistent. When the coin price drops from a high point and falls below the 5-day moving average, sell one-third first. If it doesn’t drop further after that, you can continue to hold the remaining 60% of your position and wait for a rebound opportunity. But if both the 5-day and 30-day moving averages are broken, don’t linger; decisively liquidate all your holdings, as preserving your capital is key.

In summary, this 'foolproof' strategy, although simple and easy to understand, is fundamentally about strictly adhering to the rules.