4 tips for trading coins, allowing me to say goodbye to a monthly income of over ten thousand at work!
As a poor college student, I used a very simple method to make five figures in the cryptocurrency world in a year, just four steps: from selecting coins, buying in, managing positions to selling out, every detail will be explained clearly to you. (It’s recommended to bookmark + follow to avoid losing it later.) I have tried many trading methods that allowed me to achieve relatively sustained profits, and I am still using this method now, which is very high and stable.
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Step 1:
Add coins that have risen in the last 11 days to the watchlist.
However, it is important to note that coins that have dropped for more than three days need to be excluded, in case the funds have already profited and exited.
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Step 2:
Open the K-line chart, only look at the MACD golden cross of individual coins at the monthly level.
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Step 3:
Open the daily K-line chart, only look at one 60-day moving average here.
As long as the coin price pulls back to near the 60-day moving average,
After the volume K-line appears, enter the market heavily.
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Step 4:
After entering the market, use the 60-day moving average as the standard, keep it on the line.
Exit and sell offline, divided into three details.
One is when the wave's increase exceeds 30.
Sell one-third.
The second is when the wave's increase exceeds 50.
Then sell one-third.
The third is quite important.
It is also the key to whether you can profit.
That is, if you buy on that day,
Some unexpected situations occurred on the second day.
The coin price has directly broken the 60-day moving average.
Then you must exit completely.
Do not hold any other lucky thoughts.
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Although this method of selecting coins combines monthly and daily lines,
The probability of breaking the 60-day moving average is very low.
However, we still need to have a risk awareness.
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In the cryptocurrency world, preserving the principal is the most important thing.
However, even if you have already sold it,
You can also wait for it to meet the buying conditions again.
Buy it back again.
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Ultimately, the difficulty in making money is not the method, but the execution.
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"When the coin price directly breaks the 60-day moving average, exit completely, do not hold any other lucky thoughts.
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In short, you cannot be rigid in the cryptocurrency world.
Being adaptable is the way to survive in the market for a long time.
So we need to pay special attention here.
The situation of the overall market and individual coins is completely opposite.
Trading coins is superficially a contest with the market.
In fact, it is a contest with human nature; the risks you see on the surface.
It might just be an opportunity.
Sometimes you see an opportunity.
But it may be a trap to tempt you.
