There is a very foolish way to trade cryptocurrencies, with almost 100% profit. From now on, start to seriously research cryptocurrency trading.
There is a senior around me who used to run a supermarket, then he got involved in the crypto world, and from then on he started to seriously study trading cryptocurrencies, achieving a turnaround in his life, and now his assets have reached 8 figures. The method he used is actually very simple, just four steps back and forth: selecting coins, buying, managing positions, and selling. Every detail will be explained to you clearly!
The first step is to open the daily chart, only looking at the daily level, and focusing on the coins where the MACD shows a golden cross, preferably choosing the golden cross above the zero line, as this yields the best results!
The second step is to switch to the daily chart level, where you only need to look at one moving average, called the daily moving average. Hold when it's above the line, and sell when it's below.
The third step is after buying, if the coin price breaks above the daily moving average while the volume is also above the daily moving average, you should buy with your entire position. The fourth step is selling, which is divided into three details: the first is when the wave increase exceeds 40%, sell 1/3 of your overall position; the second is when the overall wave increase exceeds 80%, sell another 1/3, and when it breaks below the daily moving average, sell everything.
The fourth step is also the most important one. Since we are using the daily moving average as our buying basis, if some unexpected situation causes it to drop the next day, you must sell everything and not hold onto any false hopes! Although the probability of breaking through using our coin selection method is very low, we still need to have risk awareness! After selling, wait for it to rise above the daily moving average again before buying back.