There is a dumbest method for trading cryptocurrencies that is almost 100% profitable. I made over 20 million using this method!
Don't think this method is difficult; since I can make money with it, you surely can too. The reason others can't make money is often because they haven't discovered this simple and useful method. Once you master it, making an extra 3%-10% every day is not a dream. Let me explain it to you in detail:
Select potential coins: Find coins that have been on the gain list in the last 11 days, while excluding those that have continuously dropped for more than three days. These coins may have been abandoned by funds, posing a high risk. $BTC
Monthly line selection: Open the monthly K-line chart of these coins and keep the ones with MACD golden cross. A monthly MACD golden cross indicates a high potential for long-term price increase. $ETH
Precise daily entry: Switch to the daily chart and watch the 60-day moving average. When the coin price pulls back to around the 60-day moving average and a volume K-line appears, it is a good time to buy heavily, indicating strong buying support and that an upward movement is about to start. $XRP
Operate by moving average: After buying, use the 60-day moving average as a reference. If the coin price is above the moving average, hold it with confidence; once it falls below the moving average, sell immediately. This operation has three key points:
When the coin price rises by 30%, sell one-third of your position to lock in some profits. #美国加征关税
When the rise reaches 50%, sell another third to secure more gains.
It is especially important to note that if the price drops below the 60-day moving average the day after buying, regardless of the situation, clear all positions. Although this situation is rare, preserving the principal is the most important. Of course, if the price meets the buying conditions again afterwards, you can buy again. #币安Alpha上新
The key to this method is to focus on the trend and strictly follow trading discipline. Many people do not misunderstand the method but fail to enforce it decisively. The cryptocurrency market changes quickly; you cannot be rigid; you need to learn to respond flexibly. The trends of the overall market and individual coins may not be the same; trading cryptocurrencies is not just a contest with the market but also a game against one's own nature. Sometimes what seems like a risk is actually an opportunity; what seems like an opportunity is actually a trap. Only by staying rational and strictly following the strategy can one continue to make money in the cryptocurrency market. #贸易战缓和
If you are also a tech enthusiast and are studying technical operations in the cryptocurrency market, feel free to check out my articles on the public account "Sunny Days in the Crypto Circle," where you will get the latest cryptocurrency information and trading skills.