There is a relatively simple method for trading cryptocurrencies
This method is actually very simple, just four steps going back and forth: from selecting coins, buying, managing positions, to selling. Every detail will be explained clearly to you!
1. Select Coin:
Only look at the daily MACD golden cross, preferably above the zero line.
2. Buying Basis:
Hold online, sell offline: use the daily moving average as the basis for buying and holding.
3. Position Management:
Buying Timing: Buy fully when the coin price breaks above the daily moving average and the trading volume is above the daily moving average.
Selling Strategy:
Sell 1/3 of the position when the increase is > 40%.
Sell another 1/3 of the position when the increase is > 80%.
If it drops below the daily moving average, clear the entire position.
4. Risk Control:
If the coin price drops below the daily moving average the next day, clear the position immediately, do not have a lucky mindset. Wait until the coin price is back above the daily moving average before buying again.
Strict execution can allow your assets to profit over 80%.