Brothers, today I will teach you a simple method that allowed me to turn my principal of 700,000 into 1,600,000 this year. I am still using this method; as long as you remain patient, you will generally profit, suffer less loss, and it is easy to grasp.
1. Select potential cryptocurrencies
First, find those coins that have been rising in price for the past six months and add them to your watchlist.
However, if a coin has fallen for more than three consecutive days, remove it from your watchlist immediately; this type of coin is likely one where the market makers have already sold off, and there's no hope left.
2. Use MACD monthly chart to confirm the trend
Open the MACD monthly chart and focus on the MACD golden cross. A golden cross at the monthly level indicates a positive medium to long-term trend, with a higher probability of success. It is the most basic signal for stable investment. (MACD indicator parameters)
3. Enter near the 60-day moving average on the daily chart
Switch to the daily chart and observe the 60-day moving average. Wait for the price to pull back near the 60-day moving average, and when a sudden surge in volume appears along with a bullish candle, that is the best time to enter with a large position. In this case, the probability of the price bouncing back after testing the moving average is quite high.
4. Strictly execute profit-taking and stop-loss
As long as the price is above the 60-day moving average, hold firmly. When you have made a 30% profit, first sell one-third; when you have made a 50% profit, sell another one-third.
If the price falls below the 60-day moving average, do not hesitate, liquidate immediately. This rule must be strictly followed; any hint of greed will ruin you.
Summary of the core trading strategy: Monthly MACD golden cross + Daily MA 60-day moving average. The final point is to observe the primary market when you have time; many potential coins are gathering strength in the primary market. With a small investment, grabbing one can lead to easy doubling.
A new coin has been discovered in the market, the AI sector token invested by SoftBank Japan is about to go live on major platforms.
Do not miss this opportunity; to achieve significant growth, the best way is to participate in on-chain activities early and hold. Airdrop opening method, browse to open: riceai.cyou. After copying, be careful of spaces, you need to delete the spaces. According to Coingecko's data, the predicted price increase after launch will exceed 80 times!
Join the feast of the future; why not try the new coin. You don’t have to invest much; even the smallest investment can turn a bicycle into a motorcycle.
Although my method is simple, the key lies in execution. The method is indeed simple, but failing due to emotional trading will lead to greater losses.