How much money have you made in the cryptocurrency circle? I have indeed made quite a bit in the cryptocurrency circle, mainly relying on a rather simple trading method that allows you to maintain 'ever-profitable'.

A fan used this method with 200,000 USDT at the end of last year, and now it has grown to 1.23 million USDT, easily achieving 6 times profit. She herself didn't expect that making money through trading could be so simple, just following these three steps! Master them, and you can easily make your account grow 10 times!

Step 1: First look at the trend

Step 2: Then find the key points

Step 3: Look for entry signals

Enter the market, take profits, close positions, and walk away.

Isn't it simple?

Let’s elaborate a bit more below.

Step 1: First look at the trend

The state of a market generally results in three outcomes: rising, consolidating, or falling.

What is a major trend? Look at cycle charts of 4 hours or more, such as 4-hour, daily, or weekly charts (my personal habit is to look at the 4-hour chart).

If it’s rising, go long; if it’s falling, go short; if it’s consolidating, do not trade.

Step 2: Find the key points

Whether the market is rising or falling, it will jump up or down like a bouncing ball, level by level. What we need to do is enter the market at its jumping point and exit at the next landing point. How to find precise levels becomes the key, which is what we refer to as key points (mainly support and resistance levels).

Step 3: Look for signals

Generally, if you find a trend in a larger cycle, you should go to a smaller cycle to look for trading signals to enter. Everyone has different strategies they excel at; mastering one or two is sufficient. What’s more important in the cryptocurrency circle is to quickly formulate a trading strategy.

A complete trading strategy includes:

(1) Asset -- what to trade;

(2) Position -- how much to hold;

(3) Direction -- long or short;

(4) Entry point -- at what price to trade;

(5) Stop loss -- when to exit a losing trade;

(6) Take profit -- when to exit a winning trade;

(7) Countermeasures -- how to deal with unforeseen situations;

(8) Follow-up -- actions after the trade is completed.

Daily trading is ongoing and profitable. Friends who are currently confused about trading and want to make profits back quickly should seize the opportunity.