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There is a very foolish way to trade cryptocurrencies that almost guarantees 100% profit.
From now on, start seriously studying cryptocurrency trading.
There is an uncle around me who used to drive a taxi, and then he got involved in the crypto world. From then on, he started to seriously study cryptocurrency trading and achieved a turnaround in his life through trading, now his assets have reached eight figures. The method he uses is actually very simple, there are just four steps: selecting cryptocurrencies, buying, managing positions, and selling. Every detail will be explained to you clearly!
The first step is to open the daily chart and only look at the daily level, focusing on cryptocurrencies with a MACD golden cross, preferably choosing those golden crosses that are above the zero line, as this has the best effect!
The second step is to switch to the daily chart level; here you only need to look at one moving average, called the daily moving average. Hold above the line and sell below it.
The third step is after buying, when the cryptocurrency price breaks above the daily moving average, and the volume is also above the daily moving average, then buy with your entire position. The fourth step is selling, which is divided into three details: the first is when the wave increase exceeds 40%, sell 1/3 of the total position; the second is when the overall wave increase exceeds 80%, sell another 1/3; and if it falls below the daily moving average, sell all positions.
The fourth step is also the most important one. Since we are using the daily moving average as our buying basis, if the next day there is an unexpected situation that causes it to drop directly below, then you must sell everything and not hold any hopes! Although the probability of a drop using our method of selecting cryptocurrencies is very low, we still need to be aware of the risks! After selling, wait for it to rise above the daily moving average again, and then you can buy it back!