There is a stupidly simple method for trading cryptocurrencies that has almost 100% profitability. I made over 20 million using this method!
Step 1: Choose the Right Cryptocurrency
Open the daily chart and first look at the MACD indicator. Only select cryptocurrencies that show a golden cross signal (the MACD line crosses above the signal line from below), especially those that have a golden cross above the zero axis, as this type of signal has a higher success rate. Simply put, this is the 'buy signal' given by the market.
Step 2: Use Moving Averages for Buying and Selling
Focus on one moving average—the daily moving average (for example, the 20-day moving average). There are only two rules:
Hold above the line: When the cryptocurrency price is above the moving average, feel free to hold;
Sell immediately below the line: Once it falls below the moving average, clear your position immediately, don’t hesitate. $ETH
This line is your 'safety belt.' If it breaks, cut your losses. Simple and effective. $BTC
Step 3: Position Management
1. Timing for Increasing Position: If the cryptocurrency price breaks above the moving average and the trading volume also increases and stabilizes above the moving average, consider increasing your position. #币圈
2. Sell in Batches:
Up 40%: Sell 1/3 first; #币圈暴富
Up 80%: Sell another 1/3; #比特币
Break the moving average: Sell the remaining amount. #特朗普施压鲍威尔
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