🔥8-Year Cryptocurrency Profit Strategy in 4 Steps, Save 3 Years of Detours!
Most people lose money in trading cryptocurrencies, not because they can't read charts, but because they blindly follow the crowd and learn various 'strategies' that lead to market lessons. I have also fallen and suffered losses, but after these experiences, I finally understood: the simpler the method, the more decisive the execution, the more stable the profits.
Last year, I made stable profits using this 4-step method, even turning five figures; today I share it directly with you:
1. Choose Coins: Focus on 'regulars' in the rise rankings, stay away from coins that have dropped for 3 consecutive days.
Every day, review the rise rankings of the last 7 days; coins that keep appearing can be added to your watchlist, as these coins usually have major players paying attention.
Coins that have dropped for more than 3 consecutive days should be removed from your watchlist. Such coins are likely to have their major players selling off, making it easy to incur losses by following in.
2. Set Direction: Only look at monthly golden cross, do not focus on short-term.
Open the candlestick chart, switch to the monthly view, and only buy coins that have a MACD golden cross.
The fluctuations in the hourly and 4-hour charts are mostly noise; short-term volatility is not worth paying attention to; only the larger trends are the most stable.
3. Find Entry Points: Wait for a pullback to the 60-day moving average + a volume spike before entering.
Wait for the price to pull back near the 60-day moving average (which is a strong support level).
Observe whether a volume spike occurs; this is the best time to enter. If you don't know how to read this, leave a message, and I can teach you.
4. Sell: Strictly execute, do not be soft-hearted.
When you earn 30%, sell 1/3; when you earn 50%, sell another 1/3.
Once it falls below the 60-day moving average, decisively liquidate all positions! Missed opportunities can be waited for; holding on stubbornly is not worth it and will inevitably lead to losses.
Those who survive in the cryptocurrency world are never the smartest but the most stable and the best executors. As long as the principal remains, there will always be opportunities. Simple trading rules are the key to victory; the most effective is the simplest path.
Confused, trapped, or unclear about operations? Don’t worry! Follow Lao Jiu, follow the data, and I will help you clarify the direction, guiding you step by step towards stable profits!
