Today, I want to share a method with you that is actually very simple. Even if you are a newcomer in the cryptocurrency world, as long as you strictly follow this method, you can easily make money.
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First, we need to set up three moving averages on the K-line chart, which are the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is the lifeline and serves as a strong support or resistance. Then, we can trade the cryptocurrency based on these three moving averages.
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1. The chosen cryptocurrency must be in an upward trend. It is also acceptable if it is in a consolidation phase, but if it is in a downward trend or the moving averages are all pointing downwards, it must not be selected.
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2. Divide the funds into three equal parts. When the price of the cryptocurrency breaks above the 5-day moving average, buy 30% of the position. When the price breaks above the 15-day moving average, buy another 30%. Similarly, when it breaks above the 30-day moving average, buy the last 30%. This requirement must be strictly followed.
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3. If the price does not continue to break above the 15-day moving average after breaking the 5-day moving average but instead pulls back, as long as it does not break below the 5-day moving average, maintain the original position. If it breaks below, sell.
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4. Similarly, if the price breaks above the 15-day moving average but does not continue to rise, and pulls back without breaking the 15-day moving average, continue to hold. If it breaks below, sell 30% first. If it does not break the 5-day moving average, continue to hold the remaining 30% position.
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5. When the price continues to rise and breaks above the 30-day moving average, if it pulls back, sell all at once using the previous method.
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6. Selling is the opposite. When the price is high and breaks below the 5-day moving average, sell 30% first. If it does not continue to drop, hold the remaining 60% position. If the 5-day, 15-day, and 30-day moving averages are all broken, sell everything without any hesitation.
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This 'foolproof' method of operation is simple, but the most important thing is to have execution power. Once you have bought in, the trading system is formed, and only by strictly following the trading discipline can you earn profits.

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