Ten years of cryptocurrency trading, losing over 100 in the first three years, and then earning back a few hundred in the following years. Every penny is backed by blood and tears lessons! This market always repeats the same secret: 90% of retail investors focus on news to trade, 9% of smart people focus on the movements of the big players, while 1% of aggressive players are dissecting market genes using moving averages.
Step 1: Verify the moving average
Treat the daily moving average as three distinct old doctors:
The 5-day line is the emergency department head, responding the fastest;
The 30-day line is the internal medicine expert, grasping the trend;
The 60-day line is the specialist clinic, overseeing the big direction.
When the emergency department head suddenly stands up, rushing to check the pulse of the two old seniors (the 5-day line crosses above the 30/60 lines), this is a signal that the market is preparing to enter ICU for rescue (strong launch)! Conversely, if the emergency department head slips and rolls down from the expert clinic's big chair (the 5-day line crosses below the 30/60 lines), don’t hesitate, immediately handle the 'discharge procedures' for your position (exit)!
Step 2: Establish a trading system to prevent impulsive decisions
Now please stick a note on your trading interface, and write in bold marker: When moving averages clash, ordinary people retreat! When the 5-day line and the 30-day line are entangled like twisted dough (oscillating consolidation), jumping in is equivalent to rolling dice to guess odd or even. True hunters only pull the trigger when all three lines march in the same direction (bullish/bearish alignment)!
Here’s a counterintuitive fact: In the cryptocurrency world where wild fluctuations are commonplace, the simpler the daily moving average strategy, the more lethal it becomes. Just like a true martial arts master never needs to show fifty different starting moves—breaking through the 5-day line is the signal to draw the sword, and when the 60-day line turns, it’s time to sheathe the sword!
Step 3: Weld discipline to the trading station
I’ve seen too many people write their trading plans on napkins, only to tear them up in the middle of the night after being scared by a sudden spike. The most ruthless yet kind aspect of the daily moving average strategy is that it forces you to become an emotionless candlestick catcher. When a signal comes, act; when a signal breaks, leave. Hesitation? That just means you haven’t paid enough tuition!
Seven years of cryptocurrency trading, earning relies on awareness and discipline. Seven years of trading, losing over 100 in the first three years, and then earning back in the following years.
Old Bo only does real trading, the team still has positions available, hurry up to join.
