The Dumbest Yet Most Effective Method for Trading Cryptocurrencies｜Suitable for Long-term Holders
To be honest, after years of trading, I've tried various complex systems, emotional games, order flow analysis...
What ultimately allowed me to achieve long-term stable profits was surprisingly this "seemingly simplest and dumbest" method.
I'm still using it now and recommend all beginners to give it a try: it’s not fancy, but it’s extremely practical, suitable for a disciplined profit strategy.
Step 1: The Logic of Choosing Coins Should Be Clear and Concise
Go through the list of top gainers over the past 11 days and add all the coins that have performed well to your watchlist.
But pay attention
⚠️: Any coins that have had three consecutive days of significant declines should be eliminated immediately, as there's a high probability of funds fleeing; don’t be a bag holder.
Step 2: Only Look for Monthly MACD Golden Cross
Open the monthly chart of these coins and keep only those that have just formed a MACD golden cross.
Golden crosses on the monthly level are not common; once formed, they often represent a cycle-level initiation signal.
Step 3: Only Enter When Price Retraces Near the 60-Day Line
On the daily chart, only look at one indicator: the 60-day moving average.
Do only one thing:
Wait for the price to retrace near the 60 line, and when a strong bullish candle appears, go in heavily.
This step is crucial, don’t rush, wait for it to be in position.
Step 4: After Entering, Follow the Rules for Profit
1️⃣ After entering, only focus on one position: the 60-day line
• If it’s above the line, hold on,
• If it breaks below the 60 line, exit immediately without hesitation.
2️⃣ Gradual Profit-Taking Mechanism:
• If the swing increase exceeds 30%, sell 1/3
• If the increase exceeds 50%, sell another 1/3
• Keep the remaining portion to see how it goes, willing to take losses.
⚠️ The most important discipline:
If you just bought in today and it directly breaks below the 60-day line the next day, then immediately cut your losses.
No discussions; if you hold once, you might blow up once.
Core Philosophy: We are not predicting ups and downs, but making decisions based on "trend + discipline."
You don’t need to catch every bull market initiation point or predict the top; just need to focus on doing the right things—
cut losses cleanly, take profits gradually, only buy on retracements, and only act on trends.
Many people think their failure in trading cryptocurrencies is due to not learning "advanced skills," but that's not the case.
What you lack is the patience and execution to stick to simple rules.
In the cryptocurrency world, if you can survive, stay long, make fewer mistakes, making money is a natural outcome.
