There is a very stupid way to trade in cryptocurrencies, but it can make money
First, the first step: add the coins that have been on the list of gains within 11 days to the favorites, but it should be noted that the coins that have fallen for more than three days need to be excluded to avoid capital fleeing with profits.
The second step: open the K-line chart and only look at the coins with the monthly MACD golden cross.
The third step: open the daily K-line chart, only look at the 60-day moving average here, as long as the coin price falls back to the vicinity of the 60-day moving average, after the large-volume K-line appears, enter the market with a heavy position.
The fourth step: after entering the market, use the 60-day moving average as the standard, code online, and sell offline, which is divided into three details in total.
The first is to sell one-third when the band's increase exceeds 30, the second is to sell another one-third when the band's increase exceeds 50, and the third is the most important and the core that determines whether you can make a profit. That is, if you buy on the same day, and some unexpected situations occur on the second day, and the currency price directly falls below the 60-day moving average, then you must leave the market completely and don't have any fluke mentality. Although the probability of falling below the 60-day line through this method of selecting coins by combining the monthly line with the daily line is very small, we still have to have risk awareness.
In the currency circle, the most important thing is to keep the principal, but even if it has been sold, you can wait until it meets the buying point again and buy it back.
In the final analysis, the difficulty in making money is not the method, but the execution. "When the currency price directly falls below the 60-day moving average, then you must leave the market completely and don't have any fluke mentality." This sentence alone killed 90% of people.
Therefore, you cannot be stubborn in the cryptocurrency circle. Being flexible is the way to survive in the market for a long time.
Friends who are confused and have no direction in trading can follow me and leave a comment 1 to help you get rich
