Three altcoin bombs about to explode the bull market, don't miss out and regret!
Don't be fooled by those flashy indicators! The real tools that can help you make money in the crypto world are so simple that they make you question life. In the first few years after entering the market, I was fixated on MACD and RSI, and ended up losing all my savings and still owed online loans.
Later, I discovered that four simple tools even a fool could use, combined with a few ruthless strategies, were enough for me to turn my life around and buy a villa.
1. SAR Indicator: The trend tool. If the price is above the SAR point, only go long; if below, only go short. Don’t be scared off by pullbacks; hold on if it doesn’t break the point; once it flips to the upper side, get out immediately. If the angle is >45° on the rise, don’t sell; if < -45° on the drop, don’t bottom fish. It fails in a choppy market; wait for the trend to emerge before using it.
2. Support and Resistance: The ceiling and floor of price movements. When resistance is broken, it becomes support; when support is broken, it becomes resistance. A true breakout is confirmed by volume—only counts if the volume doubles or more, no volume means traps. I relied on this to enter and exit FIL three times, securing a steady 60% return.
3. Bollinger Bands: A tool for judging trend changes. When in a sideways market, it narrows to the extreme, a breakout is coming, look to the breakout point for direction. A contraction at a high level is a sell signal, while an expansion at a low level with the middle line turning up is a buy signal. Don’t use it to guess reversals, only to confirm if the trend can continue.
4. Volume: Trading volume is the real truth in the crypto world. Remember the mantra: High volume at a high level means it will drop, low volume at a low level means it can be bought; volume-less rises are traps, and volume-price divergence means run fast. I used this to bottom fish when BTC was at 15,000, securing a threefold return.
Foolproof trading process:
* Use SAR to determine direction: go long above, go short below.
* Use support/resistance to find points: buy at support + above SAR, sell at resistance + below SAR.
* Use Bollinger Bands to time: narrow down for a breakout, as soon as it opens, go with the trend.
* Use volume to verify: no volume, don’t enter; only act with volume.
Last year, I executed this method on SOL four times, each time yielding 15%-30% returns, doubling my investment.
The core of making money in the crypto world is simplicity + ruthless execution; if you execute properly, you become the harvester; otherwise, you’ll always be the crop. Now, watch the market, judge, and act—just do it!
Daily focus: CYBER PROM MAV EDU LA
