In seven years of cryptocurrency trading, I peaked from 500,000 to over 9.6 million, but also experienced weeks of going to zero, feeling hopeless for half a year. I returned to the crypto market, opened a new account with 50,000 and have grown it to now. In fact, what they call the enlightenment of cryptocurrency trading is to remain calm and composed regardless of the market conditions, emotional state, or profit curve!
I have used 80% of the methods and techniques in the market, but the most practical one is still bottom fishing! Today I will share everything, which will surely help you achieve the path from recovery to profit in the morning.
My cryptocurrency trading strategy has only 4 steps, very simple, yet surprisingly effective.
Step one: Choose cryptocurrency Open the daily chart, only select cryptocurrencies with a MACD golden cross, prioritizing those above the zero axis, as this is the condition with the highest success rate!
Step two: Buy signal Switch to the daily chart and focus only on one average line – the daily moving average. The rules are simple:
Online holding: buy and hold when the coin price is above the daily moving average,
Offline selling: sell immediately when the coin price falls below the daily moving average.
Step three: Position management After buying, observe the coin price and trading volume:
1. If the coin price breaks through the daily moving average, and the trading volume also stabilizes above the daily moving average, buy in full.
2. Selling strategy: · If the price rises by more than 40%: sell 1/3 of the position. · If the price rises by more than 80%: sell another 1/3 of the position. If it falls below the daily moving average: liquidate all remaining positions.
Step four: Strict stop-loss The daily moving average is the core of our operations. If the coin price suddenly falls below the daily moving average the next day, for whatever reason, you must sell all positions; do not hold onto any hope!
Although the probability of falling below the daily moving average is very low with this screening method, we still need to maintain risk awareness. After selling, just wait for the coin price to stabilize above the daily moving average before buying back.
This method is simple and easy to learn, very suitable for investors who want to profit steadily. Remember, the key to success lies in strictly executing every step and not being influenced by emotions!
When I first entered the crypto world, I also thought contracts were just gambling!!!
Until I survived with a set of 10% position rules and made my first bucket of gold.
Today, I will reveal my practical insights, especially the third point, which 90% of people get wrong!
1. Survive first, then talk about making money.
What is most feared in the crypto contract world? Liquidation! My iron rule: always divide total funds into 10 parts, for example, only use 1,000 USDT to open a position. Even if it blows up, it’s only a 10% loss, and as long as the mindset doesn't collapse, there’s still a chance to turn it around.
2. Increase position when in profit, cut losses when in loss
The truth about most people losing money: take profits and run, hold on when losing!
My system is the opposite:
When in profit: only add to the position when unrealized gains exceed 20%, never touch the principal.
When in loss: stop loss immediately at -5%, never average down!
(What market makers love to kill is the retail investors who 'lower their costs'...)
3. Beware of the 'shitcoin' trap.
90% of the coins in the crypto market have no value, relying entirely on market makers to pump and dump.
My screening criteria:
Only play mainstream contracts, never be fooled by altcoins promising 'getting rich overnight';
For coins that suddenly surge by more than 50%, better to miss out than to chase the high!
