There is a very practical trick for speculating in cryptocurrencies. It looks simple, but it actually makes money.
You have to pay attention to those coins that have risen quite a lot in the past 11 days. Don't rush in all at once. Be careful. If a coin has fallen for more than three consecutive days, don't touch it. It is likely that someone has locked it up. Open the K-line chart and look for coins with a golden cross in the monthly MACD. This is like climbing a mountain, with a strong momentum and momentum.
Look at the daily line again, especially the 60-day moving average. This line is very important. If the price of the coin falls near this line and the trading volume suddenly increases, it is a good opportunity, buy it quickly. At this time, the 60-day moving average is your bottom line. As long as the price of the coin is online, continue to hold it. Once it falls below this line, don't hesitate, sell it immediately, and cut the Gordian knot.
Investment must be planned, don't mess around. If you make a profit, you have to stop in time. If it rises by 30%, sell a little first to lock in profits; if it rises to 50%, sell a little more to give yourself insurance. But you have to be careful. If you just bought it and the price of the currency fell below the 60-day moving average the next day, don't hesitate, clear the position decisively, and don't think it can rise back. This kind of fluke mentality is the most harmful, and the sooner you change it, the better.
The most important thing for currency speculation is to protect the principal. Sometimes it doesn't matter if you sell it early and miss the big rise, there are many opportunities. You can still make money when the market comes next time. In the final analysis, making money is not difficult, but it is difficult to abide by the rules. There are not many people who can really do the iron rule of "selling all immediately when the currency price falls below the 60-day moving average". But we have to set this rule for ourselves, be less greedy, and be safer, so that we can speculate for a long time.
For the next layout direction, I will lead everyone to target the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
