“Rising from Bull and Bear Markets: How I Achieved Stable Profits in the Crypto Space with This Strategy”
On this journey, I have experienced three transitions between bull and bear markets, and I have encountered many pitfalls. However, these experiences have gradually led me to develop my own stable profit strategy.
Step 1: Filter out cryptocurrencies that have risen in the past 11 days, but be sure to exclude those that have fallen for three consecutive days, as this may indicate that funds have already been withdrawn.
Step 2: Open the monthly candlestick chart and look for cryptocurrencies with a MACD golden cross as potential stocks.
Step 3: Switch to the daily candlestick chart and pay attention to the 60-day moving average. When the price retraces to near the 60-day moving average and there is a volume candlestick, it is a signal to enter the market.
Step 4: After entering the market, use the 60-day moving average as a support line; hold the position above the line and sell if it falls below.
There are three key points for specific operations:
If the increase exceeds 30%, sell one-third; if the increase exceeds 50%, sell another one-third.
The most important thing is: if the price falls below the 60-day moving average the next day, sell everything immediately to avoid being overly optimistic.
Even after selling, you can wait to buy back when conditions are met.
Summary: Finding your own trading rules is the core of stable profits. Others' experiences can be referenced, but ultimately, you must establish a system that suits your own operations.