There are ways to make money from cryptocurrency trading, which seem simple but are actually effective.
First, select the ones with good growth in the past 11 days. If they fall for more than three consecutive days, discard them to prevent being trapped.
Check the monthly MACD golden cross, which means that they have sufficient upward momentum.
Then look at the daily 60-day moving average. Buy when the price falls close to it and the trading volume increases suddenly. This line is the bottom line for holding positions. Sell quickly if it breaks.
Investment requires planning. If you make profits from the band, you should stop profit in batches. Sell in batches when it rises by 30% and 50%.
If the 60-day moving average is broken the next day after buying, do not hesitate to clear the position.
When trading cryptocurrencies, first protect the principal. Don't be greedy. Strictly abide by the "sell when the line is broken" rule, so that you can move forward steadily in the currency market. Opportunities always exist, and rules are supreme to achieve long-term results.