Can you really achieve "eternal profits" in the cryptocurrency world with just 5000 bucks? This simplest trading method guarantees you profits!
Once you master this trading method, you can effortlessly turn 5000 into 1 million in the crypto market.
1. Divide your funds into 5 parts, and only invest one-fifth each time! Control a stop-loss of 10 points; if you make one mistake, you only lose 2% of your total capital. If you make 5 mistakes, you lose 10% of your total capital. If you get it right, set a take-profit of over 10 points. Do you think you'll be stuck?
2. How to further increase your win rate? Simply put, it's about going with the trend! In a downtrend, every rebound is a trap for more buyers; in an uptrend, every dip creates a golden opportunity! Which is easier to profit from: bottom fishing or buying on the dip?
3. Avoid trading coins that have rapidly surged in the short term, whether they are mainstream or altcoins. Few of them can make several waves of major upward trends. The logic is that it's difficult for them to continue rising after a short-term surge. When they stagnate at high levels and can't push higher later, they will naturally fall. It's a simple principle, yet many still want to take a gamble.
4. You can use MACD to determine entry and exit points. If the DIF line and DEA cross upwards below the 0 axis, and then break above the 0 axis, it's a solid entry signal. When MACD forms a dead cross above the 0 axis and runs downwards, it can be seen as a signal to reduce your position.
5. The volume-price indicator is paramount; trading volume is the lifeblood of the crypto market. Pay attention to price breakouts with increased volume at lower levels.
6. Only trade in an upward trend; this maximizes your odds and saves you time. If the 3-day moving average turns upwards, it indicates a short-term uptrend; if the 30-day moving average turns upwards, it indicates a medium-term uptrend; if the 84-day moving average turns upwards, it indicates a major uptrend; if the 120-day moving average turns upwards, it indicates a long-term uptrend.
Daily trading, consistently profitable. Friends who are confused in their current trading and want to make money back, jump on board quickly!!