A simple yet efficient method for trading cryptocurrencies. I have tried many trading methods, but most of them lack practicality. Until I discovered a method that allowed me to achieve relatively stable profits, which I still use to this day. This method is not complicated and can be mastered by ordinary people.

Core Method:

1: Select potential coins

Add coins from the rising list within the last half month to your watchlist, but exclude those that have been falling for several days in a row to avoid capital escaping after profits.

2: Monthly level screening

Open the candlestick chart and only look at coins with a MACD golden cross at the monthly level.

3: Daily level entry

Open the daily candlestick chart and pay attention to the 60-day moving average. When the coin price pulls back to near the 60-day moving average and a volume candle appears, enter the market heavily.

4: Holding and exit strategy

Holding standard: Hold when the coin price is above the 60-day moving average; exit when it falls below.

Partial profit-taking:

Sell two-sixths when the price increases by more than 30%;

Sell another two-sixths when the price increases by more than 50%.

Risk control:

If the coin price falls below the 60-day moving average on the day of purchase, exit all positions immediately without taking chances.

Although the probability of falling below the 60-day moving average is low, risk awareness is essential. Protecting the principal is the first rule for survival in the cryptocurrency circle.

Key Points:

The method is simple, but the key lies in execution.

The cryptocurrency market is unpredictable, so don't be inflexible; learn to adapt.

Pay attention to whether the market and individual coins are moving in opposite directions, and adjust your strategy in a timely manner.

Summary:

The difficult part of making money is not the method, but the execution. If you can stick to this method, earning an additional 5 to 15 percentage points daily is not difficult.