This trading model in the cryptocurrency market boasts a win rate of 98.8%. Learning this process will allow you to easily turn 100,000 into 10,000,000, focusing solely on this model!
1. Divide your funds into 5 parts, and only invest one-fifth each time! Control a stop loss of 10 points; if you make a mistake once, you only lose 2% of your total funds. If you make 5 mistakes, you lose 10% of your total funds. If you are correct, set a take profit of over 10 points. Do you think you will still be trapped? $BTC
2. How can you further increase your win rate? Simply put, it's about going with the trend! In a downtrend, every rebound is a trap for buyers; in an uptrend, every drop creates a buying opportunity*! Which do you think is easier to profit from, bottom fishing or low absorption? $ETH
3. Avoid coins that have rapidly surged in the short term, whether mainstream or altcoins. There are very few coins that can produce several waves of major upward trends. The logic is that it is difficult for a coin to continue rising after a short-term surge. When prices stagnate at high levels, they will naturally decline later on; it's a simple principle, yet many still want to take a gamble. $XRP
4. You can use MACD+ to determine entry and exit points. If the DIF line and DEA cross above the O-axis, breaking through the O-axis is a stable entry signal. When MACD forms a death cross above the 0-axis and moves downward, it can be seen as a signal to reduce positions. #加密市场反弹
5. I don't know who invented the term 'averaging down,' but it has caused many retail investors to take a hit and incur significant losses! Many people keep averaging down as they lose, leading to even greater losses. This is the cardinal sin of trading cryptocurrencies, putting oneself in a dire situation. Remember, never average down when you're in a loss; instead, increase your position when you're in profit.
6. Volume and price indicators are paramount; trading volume is the soul of cryptocurrency trading. Pay attention when the price breaks out with increased volume at a low level during consolidation, and decisively exit when there is increased volume and stagnation at a high level.
7. Only trade coins in an uptrend; this maximizes your chances and saves time. If the 3-day moving average turns upward, it indicates a short-term rise; if the 30-day moving average turns upward, it indicates a medium-term rise; if the 84-day moving average turns upward, it indicates a major upward trend; if the 120-day moving average turns upward, it indicates a long-term rise!
8. Persist in reviewing each session, checking if there are changes in your holdings, analyzing if the weekly candlestick patterns align with your judgments, and whether there have been shifts in trends. Adjust your trading strategy promptly!
The cryptocurrency market is not as difficult as it seems. If you are also a tech enthusiast and are dedicated to researching technical operations in the cryptocurrency space, follow Gongzhonghao 【Sunny in the Crypto Circle】 to uncover the secrets of the crypto market.