How do people make money in the cryptocurrency world? Are there any strategies to share?
I went from entering the market to 3 million, then to a debt of 8 million, and finally to a profit of 10 million, mainly mastering contract skills. Once you learn it, you can do it too. I'd like to share a trading strategy that I've used.
1. Add cryptocurrencies that have increased in the past 11 days to your watchlist, but note that those that have dropped for more than three days should be excluded to avoid capital escaping after profit.
2. Open the candlestick chart and only look at the cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart and here only look at the 60-day moving average. As long as the price of the cryptocurrency retraces to near the 60-day moving average and a volume candlestick appears, enter the market with a heavy position.
4. After entering the market, use the 60-day moving average as the standard: if the price is above it, hold on; if it drops below, exit and sell. This is divided into three details:
1. When the wave's increase exceeds 30%, sell one-third.
2. When the wave's increase exceeds 50%, sell another one-third.
3. The most important point, which determines whether you can profit, is if you buy in on that day and the next day an unexpected situation occurs where the price directly drops below the 60-day moving average, you must exit completely and not hold onto any false hopes.
Although the probability of breaking the 60-day line using this method of selecting cryptocurrencies based on monthly and daily lines is very small, we still need to have risk awareness. In the cryptocurrency market, preserving your capital is the most important thing. However, even if you have already sold, you can wait for it to meet the buying point conditions again before buying back.
Ultimately, the difficulty in making money is not the method, but the execution.
A trading system is a weapon that allows you to achieve stable profits.
It can help you identify key points, discover entry signals, and find trading opportunities that can make you money.
Here are the profit records from trading with fans not long ago.
For friends who are currently confused about trading, still losing, or want to recover losses, comment and leave a message 111, this bull market will make you rich.
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