🔥 Want to get better at trading cryptocurrencies? Remember these 4 steps to avoid three years of detours!
Let me be blunt:
Most people lose money not because they can't read charts, but because they learn a bunch of strategies chaotically, only to be schooled by the market in the end.
I've been in the crypto space for 8 years, have stumbled countless times, and have blown up my account hundreds of times, until I finally realized:
The simpler the method, the more ruthless the execution, the steadier the profits.
Now I rely on just 4 actions, and last year I achieved stable profits. The most intense time, I made a five-figure profit in a year just by relying on it.
I'll break down this system for you:
① Choose coins only from the "frequent visitors" on the gainers list.
Every day, check the gainers list and add coins that have frequently appeared in the last 7 days to your watchlist.
But remember: If a coin has fallen for 3 consecutive days, blacklist it immediately! That’s when the big players are offloading; don’t dig a pit for yourself.
② Set the direction—only look for golden crosses on the monthly chart.
Open the monthly candlestick chart; only buy when there's a MACD golden cross.
Don’t keep staring at the hourly or 4-hour charts making random guesses; there’s too much short-term noise; the higher time frames show the trend.
③ Find the buying point—wait for a pullback to the 60-day moving average + volume before acting.
Wait for the price to pull back to the 60-day moving average, and only act when there’s a strong bullish candle with volume; that’s the real low-buy signal.
At this point, go in heavy to reap big profits.
(Unsure how to read this? Leave a message, I can teach you how to pinpoint the entry.)
④ Selling—execute the ironclad rules, don’t be soft-hearted.
After a 30% rise → Sell one-third.
After a 50% rise → Sell another one-third.
If it drops below the 60-day moving average → Liquidate everything, no matter how optimistic you are!
Remember: You can wait if you miss out, but if you stubbornly hold on once, you might lose everything.
Many people have no problem learning methods, the problem is not being able to execute.
Those who survive in the crypto world are never the smartest, but the most ruthless and stable.
As long as your capital is intact, the opportunities will always be there.
Once you've truly weathered the market, you'll realize: simplicity is the most powerful strategy.
