Remember the method I gave for trading coins, beginners happily get a Maybach!
I have been trading coins for 8 years, from losing sleep over losses to now making stable profits,
all thanks to sticking to a simple method:
If the market doesn't show familiar signals, I resolutely do nothing,
I'd rather miss out than make random trades.
With this, my annual return rate can now stabilize above 50%.
Here are a few life-saving tips for beginners:
First step 1⃣️: Add coins from the rising list within the last 11 days to your watchlist, but be careful to exclude coins that have dropped for more than three days to avoid profits escaping.
Step 2⃣️: Open the K-line chart and only look at coins with a MACD golden cross on the monthly chart.
Step 3⃣️: Open the daily K-line chart, and here only look at the 60-period moving average. As long as the currency price pulls back near the 60-period moving average, after a large number of K-lines appear, you will enter with a heavy position.
Step 4⃣️: After entering, use the 60 moving average as a standard, buy on the line, sell off the line,
divided into three details.
1. When the wave rise exceeds 30, sell one-third.
2. When the wave rise exceeds 50, sell one-third.
3. This is the most important, and it is the core that determines whether you can profit, meaning that if you buy on the same day and some incident occurs the next day, causing the currency price to fall below the 60-day moving average, you must leave without any hopes of luck.
Although the probability of breaking the 60-day line is low when selecting coins based on the daily line, you still need to have a risk awareness. In the crypto circle, preserving your capital is the most important, but even if you have already sold, you can wait for it to meet the buying point again before buying back.
Ultimately, the difficulty in making money is not the method, but the execution.
If you are also a tech enthusiast and are diligently studying technical operations in the crypto circle, you might want to follow the account 【Yuan Yuan Gathering Wealth】, where you will get the latest crypto information and trading skills.