The Dumbest Way to Trade Cryptocurrency Made Me Over 10 Million: One Daily Moving Average, Leading to a 10 Million Account
Ten years ago I drove a taxi,
Ten years later I made a comeback through trading cryptocurrencies, actually earning over 10 million.
No leverage, no trading worthless coins, no insider information,
Just relying on a 'mechanical + rigid' dumb method that even beginners can pick up.
Today I'll clarify this logic, just follow it and you can take off.
Core Principles:
Only look at daily charts, avoid small timeframes
Don't chase news, don't guess highs and lows
Only trade trend initiations, avoid fluctuations and bottom fishing
One Line: Daily Moving Average (MA)
Step 1: Choose Coins — Only select newly initiated coins
Open Binance, look at the daily chart, only choose based on two criteria:
MACD Golden Cross
Golden Cross appears above the zero line
The reason is simple:
Golden cross above the zero line: trend just started, strong momentum
Low-level golden cross: likely to rebound and then crash, low win rate
Step 2: Buy and Sell Points — One daily moving average rules them all
Turn off all indicators, only look at one daily moving average.
Price above the daily moving average: hold the coin
Price below the daily moving average: liquidate
No subjectivity, no fantasies, just let this line speak.
Step 3: Position Management — Increase position as trend strengthens
When you find:
Coin price stabilizes above the daily moving average
At the same time, volume breaks through
It indicates trend confirmation, buying pressure increases, high win rate, you can boldly increase your position.
Step 4: Take Profit and Cut Losses — Take profits in batches, decisively cut losses
I only follow three actions:
Increase of 40%: sell 1/3
Increase of 80%: sell another 1/3
Price drops below the daily moving average: liquidate the remaining
No hesitation, no holding onto positions, no personal feelings.
Method Summary:
Choose coins based on MACD golden cross
Operations rely solely on the daily moving average
Increase position on volume breakout
Take profit on gains, cut losses on line breaks
Using this 'rigid' four-step method, I turned a 30,000 capital into an eight-figure account.
Not because I'm smart, but because I'm dumb enough, ruthless enough, and executed well.
