I have been in the cryptocurrency space for over a decade and have seen too many people come and go. Some people take three to five years to understand what they are really trading, while others achieve enlightenment and start making money in less than half a year, turning things around steadily!
You might want to ask: How can one become the latter?
Let me say something straightforward: In the cryptocurrency space, complexity is useless. Those who can make money ultimately return to one word: 'Simplicity'. I started with a capital of 50,000 and have now achieved financial freedom, having experienced losses, stepped on landmines, and tried everything from mining to trading.
I finally concluded the only useful strategy: Buy in a bear market, sell in a bull market, follow the trend, and focus on mainstream currencies. Sounds simple, right? But very few can actually do it; many people can't even read the most basic MACD. Some find it too complicated to learn, while others learn it but don't know how to use it.
To speak honestly, MACD is the most frequently used, stable, and practical technical indicator in my trading. Those who understand how to use it truly soar in the cryptocurrency space.
What is MACD? In a nutshell: MACD = A fast line + A slow line + A set of histograms. As long as you understand the two signals, it can help you minimize losses and maximize gains.
MACD Golden Cross = Buy signal (White line DIF crosses above Yellow line DEA)
MACD Death Cross = Sell signal (White line DIF crosses below Yellow line DEA)
Just open the K-line chart of BTC, ETH, or any mainstream coin: When the MACD Golden Cross just forms, it’s a good opportunity to enter! When the MACD Death Cross occurs and the histogram turns green, withdraw in time to avoid pitfalls.
You can use it on 1-hour, 4-hour, or daily charts. You don’t need any profound skills; one trick can cover everything!
Many people have lost money trading cryptocurrencies numerous times without understanding: In this market, it’s not about luck, but about cognition! I was once a novice until I met an old mentor who grew from tens of thousands to billions!
He said: 'The real enlightenment in trading cryptocurrencies comes when your thinking is reshaped, and your rhythm is adjusted; the market becomes transparent to you.' I didn’t understand it at the time, but now I completely get it! I'm not the best at trading, but I can steadily profit for 10 years! I don’t rely on gambling; I rely on systematic thinking + trading logic! Your losses are not due to poor skills, but because your thinking is stuck! I used to get dizzy just staring at the K-lines, but now I see the market like a story, interpreting the intentions of major players with every fluctuation!
Here are some practical tips; it would be unfair not to share them with my brothers who have been losing: Look at the market sentiment: Keep an eye on the high and low points of the day; breaking through yesterday's extreme values = signal of a trend change.
Look at the strength: A rise ≠ a trend; no breakthrough of key points = baiting the bulls and bears.
Look at the volatility: An increase in volatility = opportunity is coming; shrinking to the limit = the eve of a trend change.
Look at the pattern: Monitor support and resistance on daily K-lines; if it hasn’t changed, trade according to the rhythm; if it changes, adjust your strategy.
Look at the trend: If the overall trend is down, be cautious with long positions; if the overall trend is up, be careful with short positions!
Here’s another mnemonic: When the Bollinger Bands open, look for a one-sided trend; when they contract, look for a sideways market; a shift in the bands indicates a pullback or rebound signal!
I only speak the truth: The market lacks opportunities; it’s just that you don’t know how to play! The moment you truly get it, you’ll find that making money is not as hard as you think!
If you are stuck at a bottleneck and have lost a lot, perhaps you should come talk to me; maybe you need a 'noble person' to break your old mindset! Who hasn’t lost in the cryptocurrency space? The fear is in pretending to understand and constantly missing out!
#币圈现状 #币圈新闻 #MACD #BTC
