Stop messing around! The secret of earning six figures a month just after entering the circle with a 4-step currency screening + heavy position logic, I might as well spread it out today-
In March last year, my cousin just quit his job with a monthly salary of 8,000 and plunged into the currency circle with a principal of 50,000. I taught him this set of methods. After 45 days, this kid directly threw me a "cigarette money" - the monthly income soared to 120,000.
Now he sleeps until he wakes up naturally every day, spends 20 minutes tinkering after the market opens, and the rest of the time is either fishing or drinking tea. This is not a lucky hit, it all depends on this set of "monthly line to determine the direction, daily line to seize the opportunity" to turn profit into a process that can be copied by drawing a gourd.
Step 1: Screen for gold on the 11-day gain list to avoid the pit of funds running away.
Open the exchange's gain list and throw all the coins that have been on the list in the past 11 days into your watchlist. But the key filter is this: if it has fallen for more than 3 consecutive days, blacklist it directly.
Just like last May, a Shanzhai coin rose 40% in 7 consecutive days, but looking back, it had just experienced 5 consecutive declines - this is obviously "pulling up to ship goods", the funds have long wanted to slip away, and going in is just taking over.
When my cousin screened for the first time, he left 12 coins in his watchlist. I asked him to look at the K-line and cut off the 4 that had 3 consecutive declines with one knife, leaving 8 in the end. The core of this step: only play with funds that are still "secretly accumulating", and don't touch those games that have already started "dispersing people".
Step 2: Monthly MACD golden cross, locking in the medium and long-term trend
Put these 8 coins on the monthly chart and bring up the MACD indicator. Only keep those that show a "golden cross" (the white line crosses the yellow line from bottom to top) - this means that the general direction for at least 1-3 months is upwards.
For example, the SOL he chose last year, the monthly golden cross just came out in March, just like the train has just started, and the inertia behind it can rush a long way. Those monthly dead crosses are like downhill cars, and no matter how hard you step on the accelerator, you can't run far.
In the end, only 3 of the 8 met the standard, and this step directly blocked 90% of the pits.
Step 3: Find buying points on the daily 60-day moving average, and heavily overweight when the volume is released
Cut the remaining 3 to the daily chart and stare at the 60-day moving average - this is the cost line for most institutions and the "backbone" of the market.
My cousin was watching ETH at the time, and it happened to pull back near the 60-day line. One day, it suddenly released a positive line that was 3 times larger than the average volume of the previous 5 days. This is the signal: institutions are adding to their positions here!
He directly smashed 70% of the principal into it. Why dare to be so fierce? Because the monthly trend is upward, and the daily line has stabilized the support, which is equivalent to "the general direction is right + the small position is accurate", and the winning rate is naturally ridiculously high.
Step 4: Hold positions according to the 60-day line and take profits in three batches.
After buying, there is a dead rule: hold the currency price above the 60-day moving average, and run away immediately if it falls below. But taking profit is exquisite, sell in three batches:
- Sell 1/3 when it rises 30%: First withdraw part of the principal, and the rest is all profit playing, and the mentality is stable;
- Sell 1/3 more when it rises 50%: At this time, the market starts to go crazy, so take some profits first;
- The last 1/3 depends on the 60-day line: as long as it does not fall below, hold it to death, and if there is a big market, this part can eat the entire profit.
When my cousin's wave of ETH rose to 45%, he sold the first two batches first, and the money recovered was already 20% more than the principal. The remaining 1/3 earned another 15%, and the total income was 55%.
The most important thing is the "life-saving clause": if the price falls below the 60-day line the day after the purchase, sell all of it regardless of how much you lose. He once bought DOT and ran into this situation, losing 2% and decisively leaving the market. Later, the currency directly fell by 30% - this is the wisdom of protecting the principal.
I have used this set of methods for 3 years. From earning 30,000 yuan a month at the beginning to now a stable six figures, it is not based on guessing the market, but on "betting heavily only in places where the probability of winning is high."
Newbies always want to "seize all opportunities", and end up stepping on 8 of the 10 pits. But this set of methods is like a filter, simplifying the messy market into 4 clear steps:
Use the gain list to screen for active coins and avoid shipping disks;
Use the monthly MACD to determine the direction and only do the upward trend;
Find buying points with the daily 60-day line and wait for the institutional increase signal;
Take profit and stop loss according to the rules, let the profits run, and let the losses stop in time.
Now my cousin spends no more than 1 hour on trading every day, and the rest of the time is spent on fitness and spending time with his family, but his income is 10 times higher than when he was working.
The core of making money in the cryptocurrency circle is never staying up late to watch the market or blindly guessing ups and downs, but finding a process that allows you to "not panic, not be confused, and not miss key opportunities."
I am still using this method now. The ADA that just took profit last week was operated according to this step, and I earned 42% in 20 days.
I suggest you save it and practice it several times against the K-line chart. When you are proficient, you will find that: stable profit is really much simpler than chasing ups and downs every day.
Remember: the currency circle is not short of opportunities, what is lacking is the ability to "dare to take action when the opportunity comes, and be able to stop when the opportunity goes away." This set of methods is to help you practice this ability.