Secrets to Profit in the Cryptocurrency World: From Repeated Failures to Consistent Profits
In my journey of trading in the cryptocurrency market, I explored many methods, most of which were flashy but impractical. Fortunately, hard work pays off, and I finally found a practical method that has allowed me to achieve relatively consistent profits, and I still rely on it to navigate the cryptocurrency market today.
I understand everyone’s aspirations; don’t worry if you think you can’t learn it. I am an ordinary person, and if I can seize opportunities, so can you. Master this method and take it seriously; earning an additional 3 to 10 percentage points daily is not difficult. The steps are as follows:
Step 1: Select coins from the gainers list, choosing those that have ranked in the past 11 days while excluding those that have fallen for 3 days or more to prevent capital flight.
Step 2: Look at the monthly chart and closely monitor the coins that have a MACD golden cross; this is an important signal for potential stocks.
Step 3: The daily chart comes into play, focusing on the 60-day moving average. Wait for the coin price to pull back to the vicinity and then show a strong K-line with volume; decisively enter with a large position.
Step 4: After entering, the 60-day moving average becomes the 'command stick.' Hold positions above the line and exit below it. There are a few more key points: if the wave rises over 30%, sell one-third; if over 50%, sell another third; if the next day the coin price falls below the 60-day moving average, immediately liquidate to preserve the principal.
Although this method of selecting coins minimizes the probability of the coin price falling below the 60-day line, one must not lose the sense of risk. Even if you sell, if the buying point is met, you can buy back.
Making money in the cryptocurrency market is challenging in execution; remember to decisively exit when the price falls below the 60-day line. This market is volatile, requiring adaptability; trading cryptocurrencies is essentially a contest of human nature. Don’t be deceived by appearances; opportunities can hide risks, and what seems like an opportunity is often a trap.
For more real-time questions, click my avatar to follow me and find me in the profile. Together, let’s reach new heights in this bull market.