My Practical Experience in the Cryptocurrency Market
After years of navigating the cryptocurrency market, I have summarized a simple and effective trading method:
Coin Selection Techniques:
1. Filter coins that have risen in the last 11 days
2. Exclude coins that have fallen for 3 consecutive days
3. Focus on targets with a monthly MACD golden cross
Buying and Selling Strategies:
- Buying Point: When the daily line pulls back to the 60-day moving average and there is an increase in volume
- Selling Points:
Sell 1/3 at a 30% increase
Sell another 1/3 at a 50% increase
Stop loss if it falls below the 60-day moving average
Trading Rules:
1. Strict capital management (divide into 5 parts, stop loss if a single loss is 10%)
2. Follow the trend, do not operate against it
3. Do not chase after a surge, do not buy after a crash
4. Pay attention to the relationship between volume and price, and MACD indicators
5. Regularly review trading records
Remember: The market is always right; the only thing that can be wrong is our judgment. Maintaining discipline and controlling emotions is the key to long-term profitability. Investing in cryptocurrency requires continuous learning and practice; there are no shortcuts.