The simplest way to trade cryptocurrencies, earning 2 million based on these 8 rules!

Making money from cryptocurrency trading is not that complicated. I used a very simple strategy, and with this method, I earned 2 million—these seemingly clumsy but effective rules. Today, I will share them with everyone.

1. When the market crashes, a slight drop in coin price is a good signal.

When the market crashes and your coin only experiences a slight drop, it indicates that there are market makers defending the price. At this time, it shows that the coin has support, and you can hold it with confidence. There will definitely be returns in the future.

2. A simple method for novice traders.

For short-term trading, look at the 5-day moving average; as long as the coin price is above the 5-day line, you can hold it, and sell if it falls below the 5-day line; for medium-term trading, look at the 20-day moving average; if the coin price is above the 20-day line, hold it, and exit if it drops below the 20-day line. The most important thing is to find a method that suits you and stick to it.

3. Buy when the main upward wave forms, and the volume increases.

When the coin price starts to form a main upward wave and there is no significant volume increase, buy decisively. Continue to hold during volume increases; if the trend is not broken, you can still hold during volume decreases. If there is a volume decrease and it breaks the trend line, reduce your position in time.

4. How to operate after short-term buying.

If there is not much movement in the coin price within three days after buying, sell if you can. If the drop reaches 5%, then stop loss unconditionally.

5. Opportunities for rebound after excessive decline.

If a coin drops 50% from its high and has declined for 8 consecutive days, it has entered an oversold state, and the likelihood of a rebound is high. At this time, you can consider following up appropriately.

6. Choose leading coins.

Leading coins are the most worthwhile to trade because they rise the fastest and are the most resistant to declines. Don’t buy just because the price has dropped significantly, and don’t refrain from buying just because it has risen significantly. The key is to buy at a high position and sell at an even higher position.

7. Follow the trend.

The buying price is not about being lower but about being more appropriate. During a decline, do not easily call a bottom and give up on those coins that perform poorly. The market trend is the most important.

8. Stay calm and avoid impulsive trading.

Never let temporary profits make you lose your head. Continuous profitability is the hardest, and the key is to establish a trading system that suits you. Review each of your trades, see if it was luck or skill, and gradually improve your trading strategy.

Finally, let's seize the big opportunities together! Feel free to discuss with me anytime and let’s embrace more market opportunities together!