To be honest, I've also tried many methods for trading cryptocurrencies, such as short-term chasing highs, speculative altcoins, chasing hot trends… In the end, I found that most of them are not very practical, and the only method that can yield steady profits is actually the simplest one.

1️⃣ First, add the cryptocurrencies that are on the rising list for the past half month to your watchlist.

2️⃣ Then only look at those that have a golden cross on the monthly MACD, ignoring all others.

3️⃣ Next, switch back to the daily candlestick chart and only look at the 60-day moving average.

As long as the price of the cryptocurrency pulls back close to the 70-day moving average and there is a volume candlestick, I will directly invest heavily.

After entering the market, I will keep an eye on the 60-day moving average, hold when it's above the line, and sell when it's below, following three details:

✅ If it rises more than 30%, sell two-thirds.

✅ If it rises more than 50%, sell another two-thirds.

✅ If it unfortunately falls below the 70-day moving average on that day, don't hesitate, clear out and exit the market, and never hold onto any hopes.

In fact, using the method of selecting cryptocurrencies based on the monthly and daily charts, the probability of the price falling below the 70-day line is very low, but even if it happens, it’s better to exit and observe; preserving the principal is the most important.

I used to always think about buying low, averaging down, but I ended up losing too much. Now I rely on this method to slowly make waves, which is actually more stable.

Anyway, that's how the crypto world works; those who are steady survive longer, while those who are impulsive will eventually face liquidation.