Stop speculating blindly! The secret of making 6 figures a month just after entering the circle $BTC

Last year, my cousin just quit his job with a monthly salary of 8,000 yuan and entered the cryptocurrency circle with a capital of 50,000 yuan. Two months later, he transferred me a cigarette money - that month's income directly reached 110,000 yuan. This is not luck, but the set of tactics I taught him, which made him make money steadily.

Now, he sleeps until he wakes up naturally every day, spends 20 minutes on the opening, and spends the rest of the time fishing and drinking tea. Why? Because he has a trading method that determines the direction of the monthly line and seizes the opportunity of the daily line, turning profit into a replicable process.

1. Judge the trend on the monthly and weekly basis, and seize the opportunity on the daily and hourly basis

My cousin's first step is to judge the trend on the monthly and weekly basis, and seize the opportunity on the daily and hourly basis. He often looks at the inflow and outflow of ETFs, which is an advance signal of trend change. When the inflow decreases, it is a precursor to the market change.

2. Monthly MACD Golden Cross, lock in the medium and long-term trend

Looking at the MACD Golden Cross on the monthly chart (the white line crosses the yellow line from bottom to top), this usually means that the market has the potential to rise in the next 1-3 months. This is a signal to lock in the general direction.

3. Daily 60-day moving average to find a buying point, heavy position when the volume is large

Next, switch to the daily chart and look at the 60-day moving average. This line is the cost line of most institutions, and a rebound at this position is a buying point. When my cousin saw ETH pullback to the vicinity of the 60-day moving average and suddenly increased in volume, he did not hesitate to throw 70% of his principal into it. Because the monthly trend is upward and the daily support is confirmed, this is a high-win opportunity

4. Hold positions according to the 60-day line and stop profit in three batches

After buying, follow three stop-profit rules:

Sell 1/3 when it rises by 30%: withdraw the principal first, and the rest is the "free" profit

Sell another 1/3 when it rises by 50%: start locking profits in batches

Look at the 60-day line for the last 1/3: as long as the 60-day moving average is not broken, continue to hold and eat up the last increase

My cousin did ETH that time, and it rose to 45%. He sold 2/3 first, and the last 1/3 rose by another 15%. After one trip, the total profit was 55%

5. Life-saving clause: stop loss quickly and accurately

The most important thing is the life-saving clause: if the price of the currency falls below the 60-day line the next day after buying, sell it immediately no matter how much you lose. My cousin sold DOT decisively after losing 2%. Later, the coin dropped 30%. This capital preservation wisdom helped him avoid a big loss.

The key to making money in the cryptocurrency circle is not to stay up late to watch the market, but to find a set of processes that suit you, so that you don’t panic, don’t get confused, and don’t miss key opportunities.