4 cryptocurrency trading tips that helped me say goodbye to a monthly income of over ten thousand while working!

As a poor college student, I entered the crypto world using a very simple method and made five figures in a year, consisting of just four steps: from choosing coins, buying in, managing positions, to selling out. I will explain every detail clearly to you all. (I recommend saving this and following me to avoid losing it later.) I have tried many trading methods that allowed me to achieve relatively consistent profits, and I am still using this method now, which is high-yield and very stable.

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Step 1:

Add cryptocurrencies that have risen in the last 11 days to your watchlist,

but be careful to exclude those that have dropped for more than three days to avoid capital fleeing after profits.

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Step 2:

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

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Step 3:

Open the daily candlestick chart, and here only look at the 60-day moving average,

As long as the coin price pulls back near the 60-day moving average,

after a volume candlestick appears, then enter the market with a heavy position.

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Step 4:

After entering the market, use the 60-day moving average as the standard.

If the price is above it, hold; if it is below, sell. This is divided into three details.

First, when the increase exceeds 30,

sell one-third;

second, when the increase exceeds 50,

sell another one-third;

the third, which is quite important

and determines whether you can make a profit,

is that if you buy in on the same day,

and the next day there are unexpected situations,

the price directly breaks below the 60-day moving average,

then you must sell everything,

don't hold onto any other lucky thoughts.

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Although the probability of breaking below the 60-day line is very low with this method combining monthly and daily lines,

we still need to have a risk awareness.

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In the crypto world, the most important thing is to protect your principal,

but even if you have sold,

you can wait for it to meet the buying conditions again

before buying back.

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Ultimately, the difficulty in making money lies not in the method but in execution.

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"When the price directly breaks below the 60-day moving average, then sell everything, don't hold onto other lucky thoughts."

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In short, in the crypto world, you can't be rigid;

adaptability is the key to long-term survival in the market #稳定币监管风暴 #以太坊突破3700 #BTC #加密立法新纪元 #NFT市场回暖