4 Tips for Trading Cryptocurrencies to Help You Earn Over Ten Thousand a Month!

Step 1:

Add coins that have risen in the top list over the past 11 days to your watchlist,

but be careful to exclude any coins that have dropped for more than three days, to avoid capital fleeing after making a profit.

Step 2:

Open the candlestick chart and only look at coins with a monthly MACD golden cross.

Step 3:

Open the daily candlestick chart and only look at the 60-day moving average,

As long as the coin price retraces near the 60-day moving average,

After a volume candlestick appears, enter the market with a large position.

Step 4:

After entering the market, use the 60-day moving average as a standard; if it’s above, hold,

If it’s below, exit and sell, divided into three details.

The first is when the price increase of a segment exceeds 30,

sell one-third,

The second is when the price increase of a segment exceeds 50,

sell another one-third,

The third is quite important

and is the key to whether you can profit,

that is, if you buy in on the same day,

and the next day there is some unexpected situation,

if the coin price directly falls below the 60-day moving average,

then you must exit completely,

don’t harbor any other lucky thoughts,

Although the probability of breaking below the 60-day line through this method of selecting coins using the monthly and daily lines is very low,

we still need to have a risk awareness.

In the cryptocurrency world, protecting your capital is the most important thing,

However, even if you have sold,

you can wait for it to meet the buying conditions again

before buying back.

Ultimately, the difficulty in making money lies not in the method, but in execution.

"When the coin price directly falls below the 60-day moving average, then exit completely, don’t harbor any other lucky thoughts.

In short, in the cryptocurrency world, you cannot be rigid in your thinking,

adaptability is the key to long-term survival in the market,

so here we must pay special attention,

the overall market and individual coins are completely opposite,

trading cryptocurrencies appears to be a contest against the market,

in reality, it is a contest against human nature; the risks you see on the surface

may actually be opportunities,

sometimes what you see as an opportunity

could be a temptation trap for you.