Today I want to share a little trick for trading cryptocurrencies. The method is simple and effective. Once you master it, you too can earn steadily and even potentially achieve huge returns!
At the end of last year, I started with 200,000 and now it has turned into 20 million, a 100-fold increase. I have been using this method consistently, and it works very well; it is completely trustworthy.
You don’t need to worry about not being able to learn it; I’m just an ordinary person, but I can do it, and I believe you can too. The key is that this method is often overlooked by others. As long as you learn it and pay a little attention while trading, earning 3% to 10% daily is not difficult.
So how do you operate specifically? Listen closely:
Step 1: Observe the gainers list and select some cryptocurrencies that are performing well to add to your watchlist. However, a special reminder: if a cryptocurrency has fallen for more than three consecutive days, there is no need to pay attention to it, as it indicates that the funds have been withdrawn.
Step 2: Enter the candlestick chart and focus on the MACD golden cross signal on the monthly chart. Only cryptocurrencies that meet this condition have more potential and lower risk.
Step 3: Check the daily candlestick chart, especially the 60-day moving average. When the price of the cryptocurrency retraces near the 60-day moving average and a volume candlestick appears, this is a good buying opportunity.
Step 4: After buying, set the 60-day moving average as the stop-loss standard. If the price is above the moving average, you can continue to hold; if it falls below the moving average, sell promptly.
Here are three small tips to note:
If the price increases by more than 30%, consider selling one-third.
When the increase exceeds 50%, sell another one-third.
The most important thing: if the price falls below the 60-day moving average the next day, you must decisively liquidate your position without hesitation. Although this situation is uncommon, you must have a risk awareness to ensure the safety of your principal.
The crucial point is not how difficult the method is, but whether you can persist in executing these rules, especially strictly adhering to the principle of “sell if it falls below the 60-day moving average.” Many people cannot do this, and this is the key to whether you can make a profit.
After all, we invest to make a profit, and we must take the market seriously. Only by operating with care can we make money.
I am Yun Xiaoxian, having experienced multiple bull and bear markets, with rich market experience in various financial fields. Here, I sift through the mist of information to discover the true market. Seize more opportunities for wealth passwords and discover truly valuable opportunities; don’t miss out again! #USUAL现货上线币安