I've been trading cryptocurrencies for eight years, starting with just $30,000 and growing that into over $20 million. My success hinges on maintaining a 50% position strategy and achieving consistent monthly returns—sometimes soaring as high as 70%. I’ve passed my methods to a student who doubled his capital in just three months.
Today, I’m in a generous mood, so I’ll share these hard-earned insights with you. Take them seriously—they’re the treasures that built my success.
Avoid These Six Traps — “Do Not Enter the Six”:
1. Avoid coins in a free fall: If a coin is dropping continuously and hasn’t found support at the 60-day moving average, stay out. Respect the trend. Wait for signs of stabilization before entering.
2. Avoid chasing coins on good news: If a coin has already risen and then positive news appears, be cautious—it might be a signal that insiders are preparing to sell. Also, don’t chase coins far above the 5-day moving average; sharp rises often lead to sharp corrections.
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4. Avoid sudden high spikes at already high levels: These may indicate distribution from major holders. Jumping into a vertical rally can be dangerous.
5. Avoid coins with turnover rates over 30%: High turnover suggests extreme volatility and fierce battles between bulls and bears—best to steer clear.
6. Don’t trust isolated strength in a weak market: If the overall market is weak but one coin seems strong, it may be an illusion—don’t get trapped.
Hold Onto These Four Gems — “Do Not Let Go of the Four”:
1. Hold coins with RSI between 50 and 80: This range indicates momentum is still on your side. If a coin gaps up from a low base, it's showing strong bullish sentiment—consider holding longer.
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3. Hold onto trending coins: Let the trend work for you. Staying in a strong uptrend can yield much more than short-term trades.
4. Hold when chips are concentrated: When a coin’s holders are tightly grouped in terms of price, it often means the big players are not done yet. Selling too early could mean missing the real rally.
Final Thoughts:
Crypto trading is about discipline, not emotion. Patterns and trends are your allies—don’t rely on guesswork.
Today’s Watchlist: ETHFI, VOXEL, SSYRUP
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