Today, I want to teach you a trick for trading cryptocurrencies. This is experience I gained from hands-on practice, and I guarantee that with 50,000 in capital, making 3 million is not a dream!
By learning this trick, you can absolutely outperform 99% of the people in the cryptocurrency market, whether you are a novice or an expert!
This method is super simple. Even if you are a beginner in trading cryptocurrencies, as long as you follow along, you can easily make money. First, you need to set the moving averages on the candlestick chart to three lines: 5 days, 15 days, and 30 days, among which the 30-day moving average is particularly important. It is like the 'lifeline' of our cryptocurrency trading; it is either strong support or strong resistance.
Then, you need to choose those cryptocurrencies that are rising or consolidating; those that are falling are absolutely not acceptable, and those with the moving average opening downward are also not acceptable. Next, divide your funds into three parts. When the price breaks through the 5-day moving average, buy a small amount; when it breaks through the 15-day moving average, buy another part; if it can break through the 30-day moving average, then go all in with the remaining funds! Remember, this step must be strictly followed, don’t hesitate!
If the price breaks through the 5-day moving average but lacks the strength to keep rising and instead falls back, as long as it doesn’t drop below the 5-day moving average, ignore it and keep holding. If it does break below, then you need to run quickly!
The same reasoning applies. If the price breaks through the 15-day moving average and then falls back, as long as it doesn’t drop below the 15-day moving average, keep holding. If it does break below, then sell a portion. If the 5-day moving average still holds, then keep that portion.
When the price charges through the 30-day moving average and then falls back, you should follow the previous rules and sell when required. When selling, if the price drops below the 5-day moving average at a high point, sell a portion first. If it doesn’t continue to fall, keep the rest. If the 5-day, 15-day, and 30-day moving averages are all broken, then you must run with all your funds!
This method is simple, but the key is that you must have execution power. Once you buy in, our trading rules are set, and you must follow the rules to make money! Trust me, as long as you follow this method, you can definitely make big money in the cryptocurrency market!
Recently, I plan to set up a potential cryptocurrency that is ready to explode; doubling is quite easy. At the same time, I am looking for some potential cryptocurrencies to hold until the end of the year, expecting a space of more than 10 times is not a problem, but the spots are limited! Want to keep up? Like + leave a comment.
