There is a very foolish method of trading cryptocurrencies. I have tried many trading methods, but most of them lack practicality. Only this method has allowed me to achieve relatively consistent profits, and I am still using this method now, which is high and very stable. It can help you earn an additional 3 to 10 points of profit every day.

First step: Add cryptocurrencies that have shown an upward trend in the past 11 days to your watchlist, but be careful to exclude any cryptocurrencies that have fallen for more than three days to avoid capital already taking profits and exiting.

Second step: Open the candlestick chart and only look at cryptocurrencies with a MACD golden cross on the monthly chart.

Third step: Open the daily candlestick chart and only focus on the 60-day moving average. As long as the cryptocurrency price pulls back to near the 60-day moving average and a strong candlestick appears, then enter the market heavily.

Fourth step: After entering the market, use the 60-day moving average as the standard. If the price is above the line, hold on; if it falls below, exit and sell. This is divided into three details.

The first is when the price increase of the wave exceeds 30, sell one-third. The second is when the price increase of the wave exceeds 50, sell another one-third. The third, which is the most important and crucial for determining whether you can make a profit, is that if you buy in on that day and the next day some unexpected situation occurs where the price falls below the 60-day moving average, then you must exit completely. Do not hold any luck; although this method of selecting cryptocurrencies combines monthly and daily charts, the probability of falling below the 60-day line is very small, we still need to have a risk awareness. In the cryptocurrency world, preserving your capital is the most important thing. However, even if you have already sold, you can wait until it meets the buying criteria again to buy back.

Ultimately, the challenge in making money is not the method, but the execution. "When the cryptocurrency price falls below the 60-day moving average, you must exit completely. Do not hold any luck." This one sentence has killed 90% of people.

In summary, in the cryptocurrency world, you cannot be rigid; adaptability is the key to long-term survival in the market. Therefore, we must pay attention to the fact that the overall market situation and individual cryptocurrencies are completely opposite. Trading cryptocurrencies is essentially a competition with the market! You might as well [check the homepage] to get the latest cryptocurrency intelligence and trading skills.