Trading coins, MACD to judge tops and bottoms has always been my first choice. Using this method, mastering it skillfully, I turned 200,000 into 20 million within a year. Easily doubling the account!

Step 1: Look at the trend first

Step 2: Find key positions again

Step 3: Find entry signals

Entering, profiting, closing*, leaving. Isn't it simple?

If you also like doubling coins and want to get involved in the main upward trend*, then these four phrases must be remembered. If you find this article helpful, don't forget to follow and bookmark!

1. First of all, you and I are both Chinese, living in mainland China. This is almost the only international free trading market we can access.

2. The new capital market is still a blue ocean.

3. Consider whether you are suitable for this (whether you dare to buy when the bear market falls, and sell when the bull market ends. Can you hold on to the market without changing stocks randomly?)

4. If you decide to trade, go to Binance or OXY. Don’t set up a copycat exchange. Everyone has seen Sun Ge’s independent plug-in for Huobi.

5. Never touch contracts. No matter you are a novice or an old hand, if you want to make stable profits from contracts, you must be a genius in mentality and technology.

6. Spot trading is king, and not being able to hold on is a common problem for most investors.

7. To borrow a phrase from Li Xiaolai, make friends with time.

8. Compound interest is terrifying. Slow is fast. Brothers, let’s make money together in the next bull market!

Having maintained a learning habit of "empty cup" for years, I've learned that the fastest way to improve your knowledge in a particular area is to copy others who have achieved significant results in that field and possess a higher level of knowledge than you. This is exactly what I did. Regardless of any fiat money I earned, I would buy Bitcoin and hoard it. I only cared about how much I earned in the OTC market and how much I could buy; I didn't care about the price.

Of course, I'm talking about bear markets. I understand that one can't take advantage of everything. Buying at the best price and waiting for the bottom can yield significant profits, but I don't think this is feasible. Adding a variable increases the uncertainty factor. Therefore, my approach during a bear market is to be less concerned with price and simply buy when I have the money.

The four mnemonics are: "Big at the beginning and small at the end, buy when there is a golden cross*" and "High at the beginning and low at the end, run when there is a large volume."

1. "Big at the beginning and small at the end, golden cross will occur" is a bottom buying mantra, which means that in a downward trend, the price hits a new low but the green column does not hit a new low, which means that the downward force has been exhausted and the market is about to reverse. The five-day line crosses the ten-day line + forms a golden cross, which is our buying point.

2. "High at first and low at last, run away when the volume increases" is a top selling mantra. It means that in an upward trend, the price rises to a new high but the red kinetic energy * column does not reach a new high, indicating that the rise is weak. At this time, as long as there is a large volume, it means that the main force is shipping, and you must quickly reduce your position to avoid it.

When the currency price is at the top or bottom, it will send many signals. For example, when the currency price reaches a new high but the trading volume does not reach a new high, it is a top signal; when the currency price reaches a new low but MACD does not reach a new low, it is a bottom signal.

Many retail investors do not believe in technical indicators*. In fact, every indicator has its reason for existence. We must continue to learn and improve our trading system in order to survive in the cryptocurrency world for a long time.

To make it easier for everyone to understand, I have made actual examples of golden cross and death cross. You can save them and read them repeatedly. If you find the article helpful, please forward it to those in need. Giving roses to others will leave a lingering fragrance in your hands.

MACD golden cross and death cross

The "Golden Cross" and "Death Cross" patterns are extremely important in technical indicator analysis. A Golden Cross, also known as a golden cross, occurs when a relatively short-term indicator line crosses upwards and crosses over a relatively long-term indicator line (of the same type), often signaling a short-term buying opportunity.

The golden cross pattern appears after a short-term rapid decline during a downtrend; after a wave pullback during an uptrend; or after a consolidation during an uptrend. In other words, when the golden cross pattern appears at a stage low, it is a more reliable buy signal. (As shown below)

Buying point of low golden cross

If the golden cross of the DIFF line and the DEA line appears below the zero axis and far away from the zero axis, this golden cross is called a low-level golden cross.

The golden cross at this time can be regarded as just a short-term price rebound. As to whether the K-line can form a real reversal, it needs to be observed and confirmed in combination with other indicators.

If an upward trend has been formed and the golden cross of the DIFF line and the DEA line occurs near the zero axis, then this is often an excellent time for investors to buy.

This is because, after the upward trend forms, a golden cross near the zero axis indicates that the correction has completely ended and a new round of upward trend has begun. At this time, if the golden cross of the moving average is also accompanied by the golden cross of the moving average, it means that the price increase is supported by trading volume, and the buy signal will be more reliable.

If the golden cross of the DIFF and DEA lines occurs above the zero axis and in an area far away from the zero axis, then this golden cross is called a high-level golden cross. High-level golden crosses usually appear in the consolidation trend of the K-line during the rise, indicating that the consolidation has ended and the K-line is about to resume the previous upward trend.

Therefore, once a golden cross appears at a high level, it is a good signal to increase positions and buy.

The death cross pattern can also be called the death cross. It refers to the indicator line with a relatively short period crossing from top to bottom and crossing the indicator line with a relatively long period (the same type of indicator line), which often indicates the emergence of a short-term selling opportunity.

The Death Cross pattern appears after a downward trend, a rebound during an upward trend, or a short-term rapid upward trend. When the Death Cross pattern appears at a stage high, it is a more reliable sell signal. (As shown below)

A low-level death cross occurs far below the zero axis. This type of cross often occurs at the end of a rebound in a downtrend, and is therefore a sell signal. At this point, those who haven't entered the market should wait and see. Those who are still deeply trapped in their positions can sell and then buy back in after the price drops to reduce their costs.

If the previous market direction has been a downward trend, the cross formed by the DIFF line falling below the DEA line near the zero axis is called a death cross near the zero axis. It shows that the market has accumulated a lot of downward momentum near the zero axis. The appearance of a death cross indicates that the market's downward momentum has begun to be released, and the K line will continue the original downward trend, which is a sell signal.

When the DIFF line crosses below the DEA line well above the zero axis, the crossover is called a high-level death cross. This type of death cross is sometimes accompanied by a MACD top divergence. This occurs when prices continue to rise, reaching new highs, but the MACD DIF and DEA lines no longer rise or advance consistently, but instead diverge from the price trend, moving downward.

Above the zero axis, the DIF line crosses the DEA line to form a downward cross trend pattern, which is a death cross and a relatively reliable sell signal.

MACD top (bottom) divergence

In the top divergence, the green bar appears during an uptrend and the red bar appears during a downtrend. Price increases are often accompanied by an increase in the green bar. If the green bar does not increase or becomes shorter when the price is rising, or even a red bar appears corresponding to the price, then the market may fall in the future.

On the contrary, it is a bottom divergence, which means that the price may rise. (There is another way to look at the line, which I will not talk about here)

When you look at the trends of most of the bull coins, the monthly K-lines all have similar trends, because the monthly line represents the trend. Once the trend is formed, it is difficult to change in the short term. At this time, use the monthly line to select coins and the weekly line to find opportunities, and the success rate will be greatly improved.

Newbies in the weekly K-line trading method can use moving averages. If you understand how to use K-lines, take the 5/30-day moving average as an example. When the currency price is above the 5/30-day moving average and 5 crosses the 30-day moving average, this represents an opportunity for a short-term launch. You can use the weekly line to find opportunities and speculate on the high and low points of the price during the week, and then use the daily line to find buying and selling points.

When the coin price has gone through a long period of decline, it occasionally begins to rebound, followed by a round of consolidation. When the coin price shows several consecutive positive monthly K lines at this time, it is the first thing to pay attention to, which also includes the overall performance of the coin price within the month. This type of trend will be more reliable as a coin selection target.

Being good at holding a coin means being good at holding on to it. When the K-line pattern has been above the 9-day lifeline and the last defense line of the 30-day moving average, at this time, no matter how the currency fluctuates, as long as it does not break this boundary, the main thing is to hold it and try to give the market time to run.

The truth is simple. As long as you understand one principle, you can select coins from the monthly line, find opportunities from the weekly K-line, and find buying points from the daily K-line. Everyone has his own way. It won’t work if you say too much. If you look at the monthly and weekly lines frequently, you will understand the truth.

In the cryptocurrency world, to achieve financial freedom and class transition, I have summarized 10 trading skills. If you master one of them, you can also make stable profits. It is worth learning repeatedly:

1. Two-Way Trading: Suitable for both bull and bear markets. Two-way trading is currently the most common trading method on Jushi Wealth GGtrade. It allows investment based on cryptocurrency market trends, allowing both long and short positions. Furthermore, as the year draws to a close, the Jushi Wealth GGtrade platform has launched a series of preferential benefits, such as a 20% increase in investment returns, which is a great boon for investors.

2. Hoarding: Suitable for both bull and bear markets. This method is both the simplest and most challenging. The easiest approach involves buying a specific coin or coins and then holding them for six months or a year or more. Generally, returns can be as low as tenfold. However, newcomers are prone to switching or exiting the market when they see high returns or see a price drop in half. Many struggle to maintain a holding period of a month, let alone a year. Therefore, this method is also the most challenging.

3. Bull Market Diving: This strategy is only suitable for bull markets. Use a portion of your spare funds, ideally no more than one-fifth. This strategy is suitable for coins with a market capitalization of 20-100, as it at least prevents you from being locked in for too long. For example, if you buy your first altcoin and wait for it to rise by 50% or more, you can switch to the next coin that has plummeted, and repeat the cycle. If you are locked in on your first altcoin, continue to wait; a bull market will definitely unlock your position. However, the coin shouldn't be too expensive. This strategy is also difficult to master, so newcomers should exercise caution.

4. The Hourglass Swapping Method: Suitable for bull markets. In a bull market, virtually any coin you buy will appreciate. Funds act like a giant hourglass, slowly seeping into each coin, starting with the big ones. There's a clear pattern in coin price increases: leading coins rise first, such as BTC, ETH, DASH, and ETC. Then, mainstream coins begin to rise, such as LTC, XMR, EOS, NEO, and QTUM. Then, less-traded coins rise across the board, such as RDN, XRP, and ZEC. Then, smaller coins take turns rising. If Bitcoin rises, however, you can start building a position in the next lower-tier coin, one that hasn't risen yet.

5. Pyramid Picking: Suitable for predicted major market crashes. Bottom-picking method: Buy one-tenth of the bullet at 80% of the order price, two-tenths of the bullet at 70% of the order price, three-tenths of the bullet at 60% of the order price, and four-tenths of the bullet at 50% of the order price.

6. Moving Average Method: You need to understand the basics of K-line charts. Set the indicator parameters to MA5, MA10, MA20, MA30, or MA60, and select the daily moving average. If the current price is above the MA5 and MA10 lines, hold on. If the MA5 falls below the MA10, sell the coin. If the MA5 rises above the MA10, buy and enter a position.

7. Violent Hoarding: Invest in coins you're familiar with, suitable only for long-term, high-quality coins. If you have a certain coin at $8, place a buy order at $7. When the buy is successful, place a sell order at $8.8. Use the profits to hoard the coins. Use the liquid funds to wait for the next opportunity. Adjust your position dynamically based on the current price. If you have three such opportunities in a month, you can accumulate a significant amount of coins. The formula is: the entry price is 90% of the current price, and the selling price is 110% of the current price!

8. IOS’s violent compounding method: continuously participate in ICOs. When the new coin increases by 3-5 times, take out the principal and invest in another ICO. The profits will continue to be retained, and the cycle will continue.

9. Cyclic Band Method: Find black market coins like ETC, and increase your position when the price continues to fall. Continue to increase your position when it falls again, and then continue to sell when you make a profit, and repeat the cycle.

10. Small Coin Aggressive Play: Imagine you have 10,000 RMB, divide it into ten parts, and buy ten different types of small coins, preferably priced under 3 RMB. Once you've bought, leave them alone. Don't sell until they've tripled 3-5 times, and if you're stuck, don't sell them. Hold them for the long term. If a coin triples, take your 1,000 RMB and invest in another small coin. The compound interest you'll earn will be incredible!

Whether you hold BTC, ETH or BNB, take three minutes to read this!

Nine things you shouldn’t do after achieving financial freedom in the cryptocurrency world.

First, don’t let people around you know that you are speculating in cryptocurrencies. There are many reasons for this, and those who understand will understand.

Second, don’t let others know how much money you have earned. Don’t post profit charts or asset charts to avoid unnecessary trouble.

Third, don’t post about your wealthy life on your Moments. Apart from your closest relatives, no one wants you to live a good life, and showing off will easily lead to jealousy.

Fourth, after acquiring significant wealth, distance yourself from those you already know. Many cryptocurrency tycoons, after achieving financial freedom during the bull markets of 2013, 2017, or 2021, resigned as the first thing they did and never returned to work. The second thing they did was delete everyone they knew.

Fifth, stay away from gambling and drugs. Gambling will destroy you psychologically, and drugs will destroy you physically.

Sixth, don't call people stupid. Peace is the most important thing; anger affects your fortune. Stay away from trashy people and those who drain you. If you disagree with someone, just block and delete them. Adding even one extra punctuation mark is a waste of time.

Seventh, don't proactively do good deeds, don't pity anyone, let go of the need to help others, and respect the fate of others. Just do your best and let nature take its course.

Eighth, don’t invest randomly in areas that you are not familiar with. People cannot make money beyond their knowledge.

Ninth, do not start a business in the real economy unless you do it for fun and not for the purpose of making money. In the current economic environment, starting a business in the real economy is a life-or-death struggle.

The rules of the currency circle I discovered:

1. In most cases, Bitcoin is the leader in the rise and fall of the cryptocurrency market. Strong-quality coins such as Ethereum sometimes break away from Bitcoin's influence and move out of a unilateral trend. Altcoins basically cannot escape its influence.

2. Bitcoin and USDT move in opposite directions. If you find that USDT is rising, you should be wary of Bitcoin falling. When Bitcoin is rising, it is a good time to buy USDT.

3. There is a high risk of price spikes between 0:00 and 1:00 every day, so domestic cryptocurrency traders can set a buy price of their favorite coin as low as possible and a sell price as high as possible before going to bed. They may be able to make a profit without doing anything.

4. 6-8 am every day is a good time to buy or sell, and it is also a good time to judge whether the market will rise or fall that day. If the market has been falling from 0:00 to 6:00, and is still falling during this period, it is a good time to buy or cover the position, and the market will basically rise that day. If the market has been rising from 0:00 to 6:00, and is still rising during this period, it is a good time to sell, and the market will most likely fall that day.

5. 5 p.m. is a key time for rumors. Due to the time difference, American cryptocurrency traders get up and go to work, which may cause fluctuations in the price of the cryptocurrency. Some big rises or falls have indeed occurred at this time, so be especially careful.

6. There is a saying in the cryptocurrency world that “Black Friday” happens to happen. There have been a few cases where the market plummeted on Friday, but there have also been cases of sharp rises or sideways movements. It is not particularly accurate, so just pay attention to the news;

7. If a coin with a certain trading volume drops, don't worry. Hold on patiently and you will definitely get your money back. It could take 3-4 days or even a month. If you have extra USDT, buy more in batches to push the price down, and you will get your money back faster. If you don't have extra money, just wait and see. You won't be disappointed. Unless you really bought a junk coin.

8. For spot trading, holding the same coin for a long time and trading less frequently will bring greater returns than frequent trading. It all depends on your patience. I bought Dogecoin at 0.029 and it has increased more than 20 times since I held it.

9. Factors affecting the turbulence in the cryptocurrency market:

1) The attitudes of various countries towards cryptocurrencies. If they are negative, there will basically be a wave of decline;

2) U.S. financial policies, such as the recent rumors of imposing a capital gains tax on the wealthy (commonly known as a wealth tax);

3) The attitudes of bigwigs like Musk towards cryptocurrencies. For example, Musk would post a tweet with information about Bitcoin and Dogecoin, pushing up the prices of these two currencies, thereby driving up the entire cryptocurrency market. For example, Buffett has a negative opinion on Bitcoin. So pay attention to financial news.

There is a saying that I strongly agree with: the boundaries of knowledge determine the boundaries of wealth, and people can only earn wealth within the boundaries of their knowledge.

You must have a good mentality when trading cryptocurrencies. Don't let your blood pressure soar when there is a big drop, and don't get carried away when there is a big rise. It is more important to lock in your profits.

For people who don’t have many resources, being down-to-earth is the irrefutable way of survival. Good luck!

I'm Mingge, a veteran of multiple bull and bear markets, with extensive market experience across multiple financial sectors. Here, I'll penetrate the fog of information and discover the real market. Seize more opportunities to unlock wealth and discover truly valuable opportunities. Don't miss out and regret it!

Mingge only does real trading, the team also has position speed #加密市场回调