There is a dumbest way to trade cryptocurrencies, which is almost 100% profitable.
This method is actually very simple. There are only 4 steps to go back and forth, from selecting currencies, buying, position management to selling. Every detail will be explained to you clearly!
The first step is to open the daily line and only look at the daily level. For the currency with MACD golden cross, it is best to choose the golden cross above the 0 axis. This effect is the best!
The second step is to switch to the daily level. Here you only need to look at one moving average, called the daily average line. Hold online and sell offline.
After the third step of buying, the currency price breaks through the daily average line, and the volume can also be above the daily average line. You need to buy in full. The fourth selling is divided into three details here. The first is the increase in the band. When it exceeds 40%, sell 1/3 of the overall position. The second is the overall band increase. When it exceeds 80%, sell 1/3. When it falls below the daily average line, all positions are cleared.
The fourth step is also the most important step. Since we all use the daily moving average as our basis for buying, if there are some unexpected situations on the second day and it falls directly below, then we must sell all of them, don't be lucky! Although through our method of selecting coins! The probability of it falling below is very small! But we still have to be aware of risks! After selling, wait for it to stand on the daily moving average again, and then take it back!