After eight years of trading cryptocurrencies, I grew my initial capital of 100,000 yuan to 20 million yuan, relying on this one strategy, with a win rate as high as 99%, suitable for everyone!
Today, I want to share an extremely simple method that even cryptocurrency novices can easily profit from by following the steps.
First, set up three moving averages on the candlestick chart: 5-day moving average, 15-day moving average, and 30-day moving average. Among these, the 30-day moving average is the key support and resistance line. We will use these three moving averages to determine buying and selling opportunities.
1. Choose suitable cryptocurrencies
• Cryptocurrencies in an upward trend are best, and those in a consolidation phase can also be chosen.
• Avoid cryptocurrencies in a downward trend, especially those with downward-opening moving averages.
2. Fund allocation
• Divide the funds into three parts, buying no more than one-third at a time.
• When the price breaks through the 5-day moving average, buy one-third with a light position.
• When the price breaks through the 15-day moving average, buy another one-third.
• When the price breaks through the 30-day moving average, buy the final one-third. Each operation must be strictly followed.
3. Holding and selling rules
• After the price breaks through the 5-day moving average, if it fails to continue breaking through the 15-day moving average and shows a pullback, as long as it does not break below the 5-day moving average, maintain the position; if it breaks below, then sell.
• Similarly, after breaking through the 15-day moving average but not breaking through the 30-day moving average and showing a pullback, continue to hold as long as it does not break below the 15-day moving average; if it breaks below, sell one-third, and hold the remaining position based on the 5-day moving average situation.
• When the price breaks through the 30-day moving average and shows a pullback, gradually sell according to the aforementioned method.
4. Selling strategy
• When the price is high, if it breaks below the 5-day moving average, first sell one-third. If it does not continue to fall, maintain the remaining position; if all the 5-day, 15-day, and 30-day moving averages are broken, then sell all.
This "foolproof" trading method is simple and easy to follow, but the key lies in strictly executing it. Once you buy, the trading system is established, and only by adhering to trading discipline can you truly profit.
Besides the above methods, there is actually another secret trick that allows me to make money quickly! That is to hold meme coins with spare money; I have bought doge, shib, pnut, baby dog, starlink, and many others.
Recently, the strongest Musk-themed dog on the Ethereum chain, puppies, seems to be the next SHIB. I can tell you there are several coins with a rise of 10-100 times, leave a comment below with 888
