There is a dumbest way to trade cryptocurrencies that allows you to keep 'earning forever', aim for 20 million!
Brothers, today I will share a method I used at the end of last year to turn 50,000 into 1 million, a hundred-fold profit, simple and brutal, suitable for everyone! I'm still using this method, it's stable and efficient.
Step 1: Select Strong Coins
Add coins that have risen in the last 11 days to your watchlist, but be careful to exclude coins that have fallen for more than 3 consecutive days to avoid capital escaping after making profits.
Step 2: Monthly MACD Golden Cross
Open the monthly chart and only look at coins with a MACD golden cross. A monthly golden cross indicates a positive medium to long-term trend, leading to a higher win rate.
Step 3: Enter Near the 60-Day Moving Average on the Daily Chart
Open the daily chart and only look at the 60-day moving average. When the coin price pulls back to near the 60-day moving average and a large volume candlestick appears, enter heavily!
Step 4: Use the 60-Day Moving Average as a Standard, Hold Above, Sell Below
If the swing increase exceeds 30%, sell 1/3 of your position.
If the swing increase exceeds 50%, sell another 1/3 of your position.
The most important point: if the coin price falls below the 60-day moving average the day after your purchase, exit completely, don’t hold any false hope! Although the probability of falling below is low, the cryptocurrency market has many black swan events; protecting your capital is the key.
The core of this method is: Monthly MACD Golden Cross + Daily 60-Day Moving Average. It's simple and easy to learn, but the key lies in execution! Many people know the method but fail to execute it strictly, especially when they are reluctant to cut losses when the price falls below the 60-day moving average, resulting in even bigger losses.
Brothers, making money in the cryptocurrency market isn't hard; the challenge lies in discipline and execution. Save this method and use it next time you trade, earn steadily!
The market is returning, and a bull market is about to come; I have picked a 10x coin for you, comment 111 to get on board!
