After many years of trading cryptocurrencies, I turned an initial capital of 100,000 yuan into 20 million yuan using this one trick, with a winning rate of 99%, suitable for everyone!

Today I want to share this very simple method, which even beginners in the crypto space can easily profit from as long as they strictly follow the steps.

First, set three moving averages on the candlestick chart: the 5-day moving average, the 15-day moving average, and the 30-day moving average. Among them, the 30-day moving average is a very important support and resistance line. We will use these three moving averages to determine buying and selling opportunities.

1. Choose the right cryptocurrency:

The best choice is cryptocurrencies in an upward trend; if the price is in a consolidation phase, it can also be chosen, but if the cryptocurrency is in a downward trend and the moving averages are opening downwards, it should be avoided.

2. Allocate funds:

Divide the funds into three parts, with no more than one-third used for each purchase.

When the price breaks above the 5-day moving average, buy in with one-third of the position.

When the price breaks above the 15-day moving average, buy again with one-third of the position.

When the price breaks above the 30-day moving average, buy the last one-third of the position. Each operation must strictly adhere to this rule.

3. Position holding and selling rules:

If the price breaks above the 5-day moving average but fails to continue breaking above the 15-day moving average and experiences a pullback, as long as it doesn't break below the 5-day moving average, maintain the position. If it breaks below the 5-day moving average, sell.

Similarly, if it breaks above the 15-day moving average but does not break above the 30-day moving average and experiences a pullback, continue to hold as long as it doesn't break below the 15-day moving average. If it breaks below the 15-day moving average, sell one-third of the position. If it doesn't break below the 5-day moving average, continue to hold the remaining position.

When the price breaks above the 30-day moving average and experiences a pullback, you can gradually sell according to the previous method.

4. Selling strategy:

When the price is at a high and breaks below the 5-day moving average, first sell one-third of the position. If it does not continue to decline, maintain the remaining position. If the 5-day, 15-day, and 30-day moving averages are all broken, sell everything to avoid wishful thinking.

Although this "foolproof" trading method is simple, the key is strict execution. After buying, the buy-sell system has been formed; only by executing trading discipline can real profits be earned.