There is a very foolish way to trade cryptocurrencies that almost guarantees 100% profit. I used this method to earn over 60 million. Ten years ago, I was a taxi driver, but later I got involved in the cryptocurrency space and started to seriously study trading. I achieved a turnaround in my life through trading, and my assets have now reached eight figures. This method I use is actually very simple, with just four steps: selecting coins, buying, position management, and selling. I will explain every detail clearly to you!
The first step is to open the daily chart and only look at the daily level for cryptocurrencies with a MACD golden cross, preferably choosing those that have a golden cross above the zero line, as this has the best effect!
The second step is to switch to the daily level where you only need to look at one moving average, called the daily moving average. Hold above the line and sell below the line.
The third step is after buying, if the price of the coin breaks through the daily moving average and the volume is also above the daily moving average, buy with your entire position. Now for the fourth step, which is selling, there are three details: the first is when the wave increases over 40%, sell 1/3 of the total position; the second is when the overall wave increase exceeds 80%, sell another 1/3, and when it falls below the daily moving average, liquidate the entire position.
The fourth step is also the most important one. Since we are using the daily moving average as our basis for buying, if unexpected situations arise the next day and it falls below, you must sell everything and not hold onto any hopes! Although the probability of it breaking through using our coin selection method is very low, we still need to have risk awareness! After selling, wait for it to stand above the daily moving average again, and then you can buy back in!