A simple and efficient method for trading cryptocurrencies that is almost guaranteed to be profitable!
Do you also want to achieve financial freedom through cryptocurrency trading? Let me share a true story.
There is an uncle around me who was originally an ordinary taxi driver. After accidentally coming into contact with the cryptocurrency world, he began to seriously study trading and successfully turned his life around using a simple and effective method. Now, his assets have surpassed 8 digits!
His cryptocurrency trading strategy consists of only 4 steps, which are very simple but yield amazing results. Here are the specific operations:
Step 1: Choose the Cryptocurrency
Open the daily chart and only select cryptocurrencies with a MACD golden cross. Prioritize golden crosses that are above the zero line, as this is the condition with the highest success rate!
Step 2: Buy Signal
Switch to the daily chart and focus on one moving average—the daily moving average. The rules are very simple:
• Hold above the line: Buy and hold when the cryptocurrency price is above the daily moving average.
• Sell below the line: Sell immediately when the cryptocurrency price falls below the daily moving average.
Step 3: Position Management
After buying, observe the cryptocurrency price and trading volume:
1. If the cryptocurrency price breaks through the daily moving average, and the trading volume also stabilizes above the daily moving average, buy with the full amount.
2. Selling Strategy:
• If the increase exceeds 40%: Sell 1/3 of the position.
• If the increase exceeds 80%: Sell another 1/3 of the position.
• If it falls below the daily moving average: Liquidate all remaining positions.
Step 4: Strict Stop-Loss
The daily moving average is our core operation. If the cryptocurrency price suddenly falls below the daily moving average the next day, for any reason, you must sell all holdings, without taking chances! Although the probability of falling below the daily moving average is very low with this screening method, we must still maintain risk awareness.
After selling, just wait for the cryptocurrency price to stabilize above the daily moving average again before buying back.
This method is simple and easy to learn, making it very suitable for investors looking for steady profits. Remember, the key to success lies in strictly executing each step and not being swayed by emotions!