After years of struggling in the crypto world and trying various flashy trading methods, I found that the simplest approach is actually the most effective. I have been using this method until now, and it has been very profitable and can be learned by ordinary people.
Mastering this technique, earning an extra 3 to 10 points daily is not a problem; the key is whether you can execute it properly.
Step one, selecting coins is crucial. Add coins that are on the top gainers list over the past 11 days to your watchlist, but be careful to exclude those that have dropped for more than three consecutive days, as this may indicate that funds are fleeing for profit; avoid them.
Step two, check the monthly MACD. Open the candlestick chart and only keep the coins that have a bullish crossover on the monthly MACD; this step can help you filter out many pitfalls.
Step three, find the entry point. Switch to the daily chart and focus on the 60-day moving average. When the coin price retraces to the vicinity of the 60-day moving average and shows a volume-increasing candlestick, it's time to enter with a heavy position.
Step four, be decisive when exiting; there are three details to remember. First, if the price increase exceeds 30%, sell one-third; second, if it exceeds 50%, sell another one-third; third, and most importantly, if you buy in on the same day and the price drops below the 60-day moving average the next day, regardless of how much you lose, you must exit completely—do not hold on to false hopes.
In the crypto world, protecting your principal is more important than anything else. Even if you sell at a loss, don’t be afraid; you can buy back when it meets the buying conditions again.
Ultimately, making money is not difficult; the challenge lies in strict execution. In the crypto market, you cannot be rigid; you need to adapt to survive. Remember, the overall market conditions and individual coins often differ and should not be confused.
Trading crypto seems to be a contest with the market, but in fact, it’s a battle with your own nature. What you perceive as risk may actually be an opportunity; conversely, what you see as an opportunity could be a trap.
For more insights, check out Zhu Ye, and if you need a root pill, contact me!
