The cryptocurrency market has a quick methodology with the fastest trading method that almost guarantees 100% profit, and there is also a very foolish trading method that nearly ensures 100% profit.
This method is actually very simple and consists of 4 steps: selecting coins, buying, position management, and selling. Every detail will be explained clearly to you!
The first step is to open the daily chart and only look at the daily level, focusing on coins with a MACD golden cross, preferably one that is above the zero line, as this yields the best results!
The second step is to switch to the daily level, where you only need to observe one moving average, called the daily moving average. Buy when the price is above the line and sell when it is below.
The third step is after buying; if the coin price breaks above the daily moving average with volume also above the daily moving average, you should buy with your entire position. The fourth step is to sell, which is divided into three details: the first is when the segment's increase exceeds 40%, sell 1/3 of your total position; the second is when the overall segment's increase exceeds 80%, sell another 1/3; and if it falls below the daily moving average, sell everything.
The fourth step is also the most important one. Since we are using the daily moving average as our basis for buying, if the next day an unexpected situation occurs and it directly falls below, you must sell everything without holding onto any false hopes! Although the probability of it breaking through using our coin selection method is very low, we still need to be aware of the risks! After selling, wait for it to rise above the daily moving average again before buying back!