Brothers and sisters, I have a little trick for trading cryptocurrencies that is very simple and guarantees you won't lose money; you might even make 10 million!
I played around with 200,000 at the end of last year, and now it's 20 million, easily multiplied by a hundred times. I've been using this method consistently, and the results are outstanding and stable.
Don't worry about not being able to learn it; I'm not a deity, just an ordinary person. If I can do it, so can you. The key is that others haven't noticed this method. If you learn it, pay attention when trading, and making an extra 3 to 10 points a day is not a problem.
How to do it? Listen carefully:
Step 1: Look at the cryptocurrency gainers list on the 11th, pick some good ones, and add them to your watchlist. But be careful; if any cryptocurrency has dropped for more than three consecutive days, don't bother looking at it, the funds have already left.
Step 2: Open the candlestick chart and only look at cryptocurrencies with a MACD golden cross at the monthly level; these are more stable.
Step 3: Then check the daily candlestick chart, especially the 60-day moving average. As long as the cryptocurrency price retraces to near the 60-day moving average and shows a volume increase in the candlestick, that’s a good time to buy in heavily.
Step 4: After buying, use the 60-day moving average as your guideline. Hold when it's above the line, and sell when it's below.
There are three small details to pay attention to:
Sell one-third when the gain exceeds 30%. Sell another one-third when the gain exceeds 50%.
This is the most important part; it determines whether you can profit. If the price drops below the 60-day moving average the day after buying, don’t hesitate, sell everything, and don’t think it will bounce back.
Although this situation is rare, we must have risk awareness. In the cryptocurrency world, preserving your principal is key. Of course, if you sell and it meets the buying conditions again, you can buy back.
Ultimately, the hard part about making money is not the method but whether you can stick to it. Especially that phrase, 'if it drops below the 60-day moving average, sell everything.' Not many can do that.
We all come to the cryptocurrency world to make money, and that’s true. But if you’re just here to play around, this might not be the right place for you. You have to take it seriously to make money.
I am Brother Pao, having experienced multiple bull and bear markets with rich market experience in various financial fields. Here, I scrutinize the fog of information to discover the real market. Seize more opportunities for wealth creation and find truly valuable opportunities; don’t miss out again!