Can you turn 5,000 yuan into 1 million by trading coins? Let me tell you something practical! See how my method earned over 30 million in ten years!
The core is summed up in one sentence: Amplify profits through contract trading! But don't rush into it, first convert this 2,000 yuan into 300 USDT (approximately 300 dollars), let's take it step by step:
Step 1: Choose coins from the gainers list
First, check the coins on the gainers list and select those that are performing well to add to your watchlist. However, if a coin has dropped for more than three consecutive days, try to avoid it. Because the funds have already left, such coins have little opportunity.
Step 2: Observe MACD golden cross
Next, open the K-line chart and focus on the monthly MACD golden cross. Such coins are relatively stable and align with an upward trend.
Step 3: Look at the daily line and 60-day moving average
Then check the daily K-line chart, especially the 60-day moving average. When the coin price pulls back near the 60-day moving average, and a volume K-line appears, it's the best time to buy heavily.
Step 4: Hold and sell
Once you buy, remember to use the 60-day moving average as a guide. If the price is above the line, continue to hold; if it falls below, sell.
Three small details to note:
Sell one-third of your position when the gain exceeds 30%.
Sell another one-third when the gain exceeds 50%.
Most importantly: if the next day the coin price falls below the 60-day moving average, sell everything without hesitation. Don't think the price will rebound; the market isn't that simple.
Although this situation doesn’t happen often, you must have risk awareness. In the crypto space, preserving your principal is the most important thing. If you sell and it meets the buying conditions again, wait for the opportunity to re-enter.
The most important thing is to stick to the method. Especially "sell everything if it falls below the 60-day moving average"; not many can do this, but it’s key to whether you can profit.
Remember, we come to the crypto space to make money, not to play around casually. We must treat it seriously to truly earn money.
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