In the investment world of cryptocurrency, I have undergone countless explorations and attempts at trading methods. Many strategies have turned out to be fleeting and impractical, failing to stand the test of practice. Only this method, like a rare gem, has allowed me to achieve relatively stable and continuous profits in the volatile cryptocurrency market. To this day, it remains my effective assistant in the cryptocurrency game, helping me reap substantial and steady returns.
You all need not worry about whether you can comprehend this method. I have found this opportunity amidst the vast array of trading strategies, and you also have the ability to master it. I am not a person of extraordinary talent or exceptional nature, just an ordinary individual like everyone else. The reason I have been able to achieve results while others have missed out is primarily due to their neglect of this method. If you can study it carefully and apply it wisely in subsequent trades, achieving a daily profit growth of 3 to 10 percent is not an unattainable dream.
The specific steps of this method are as follows:
Firstly, carefully select your preferred coins. Focus on those that have performed impressively in the gainers' list over the past 11 days, while also being cautious to exclude those that have shown a decline for three consecutive days or more to avoid falling into the trap of quietly exiting with profits.
Secondly, accurately identify potential coins using the K-line chart. Pay special attention to individual coins on the monthly MACD that show a golden cross pattern, as this is an important signal for selecting quality coins.
Thirdly, analyze the daily K-line chart to determine the entry timing. In the daily chart, focus on the 60 moving average as a key indicator. Once the coin price retraces to near the 60 moving average and a volume-increasing K-line appears, this is a divine opportunity to enter with a heavy position, and you must grasp it decisively.
Fourthly, strictly adhere to the 60 moving average rule after entering the market. Use the 60 moving average as the lifeline of your trading. When the coin price is above the moving average, hold your position firmly; once it breaks below the moving average, exit without hesitation. During this process, there are three key details to remember: when the segment increase reaches 30%, decisively sell one-third of your holdings; when the increase rises to 50%, sell another third; and most importantly, if the coin price unexpectedly drops below the 60-day moving average on the day of purchase or the next day, do not entertain any false hopes, and ensure you exit completely. Although the probability of the coin price breaking below the 60-day line is relatively low due to the combined strategy of monthly and daily line selection, we must always maintain a risk awareness. In this treacherous battlefield of cryptocurrency, preserving your principal is the foundation for survival and profit. Even if you have sold your position, if it meets the buying conditions again later, you can still consider re-entering.
To trace back, making a profit in the cryptocurrency space is not so much about seeking the method itself but about the resolute execution of a predetermined strategy. As the saying goes, 'When the coin price directly breaks below the 60-day moving average, you must exit completely without any sense of false hope.' Discipline and execution are the key guarantees for profitability.
In summary, one must not rigidly adhere to conventions and remain inflexible in the cryptocurrency space. Flexibility and adaptability are the only ways to stand firm and thrive in this brutal market. It is essential to understand that market trends and individual coin performances can sometimes be at odds. The battle of trading coins may seem like a contest against market forces, but in reality, it is a profound struggle against human weaknesses. In the market, apparent risks may conceal enormous opportunities, while seemingly enticing chances might lead you into deadly traps. Only by understanding this principle can one proceed steadily on the path of cryptocurrency investment.
