Hello everyone! Today I will share with you a simple and practical method for trading cryptocurrencies, especially for beginners. Although it sounds a bit basic, as long as you strictly follow it, the effect is surprisingly good! I have compiled a detailed document for learning the MACD indicator, and all fans can get it for free.
I have a friend who used to run a supermarket. Later he entered the cryptocurrency world and used this method to achieve a life turnaround. Now his assets have reached eight figures! His method is very simple, with only four steps in total, from coin selection to buying and selling, each step is clear and concise.
Step 1: Choose a coin
Open the daily chart and focus on those currencies with MACD golden cross, especially the golden cross above the 0 axis, which has the best effect. MACD golden cross refers to the short-term moving average crossing the long-term moving average upward, which is usually a strong buy signal.
Step 2: Observe the daily moving average
Switch to the daily chart and focus on one moving average - the daily average. Remember one principle: hold above the daily average and sell below the daily average. When the price of the currency is above the daily average, you can continue to hold it; once it falls below the daily average, sell it decisively.
Step 3: Buy
When the price breaks through the daily average and the trading volume is also above the daily average, you can buy all positions. This means that the current trend is very strong and the probability of rising is very high.
Step 4: Sell
The selling operation can be divided into three steps:
When the price of the currency rises by 40%, sell 1/3 of the position;
When the price of the currency rises by 80%, sell another 1/3;
If the price of the currency falls below the daily average, clear your position directly without hesitation!
The most important point: risk control
If the price of the currency suddenly drops below the daily average the next day after you buy it, don't be lucky and sell all of it immediately. Although the probability of this happening is very low, you must be aware of the risks. It's not too late to buy after the price of the currency rises back to the daily average.
Although this method is simple, it is very practical. The key is to strictly implement it, not to be greedy, and not to panic. As long as you take steady steps, you will make money sooner or later!
If you are not familiar with the MACD indicator, you can get the learning document I compiled, which contains detailed operation steps and case analysis. I hope these contents can help you take the first step steadily in the cryptocurrency circle!
I am Xian Ge. I have experienced many rounds of bull and bear markets and have rich market experience in many financial fields. Here, I penetrate the fog of information and discover the real market. Grasp more opportunities for wealth codes and discover truly valuable opportunities. Don't miss them and regret it! #Hashdex获准在巴西推出XRPETF #鲸鱼再次买入VIRTUAL #SEC质押