Let me share a little tip in the cryptocurrency world
Don't worry about whether you can learn this, I can seize this opportunity, and so can you. I'm not a god, just an ordinary person; the difference between others and me is that they have overlooked this method. If you can learn this method and pay attention to it during trading later, it can help you earn at least 3 to 10 percentage points of profit every day. First step: Add cryptocurrencies that have increased in the ranking within the last 11 days to your watchlist, but note that any cryptocurrency that has dropped for more than three days should be excluded, to avoid funds escaping after making a profit.
Second step: Open the K-line chart and look only for cryptocurrencies with a MACD golden cross on the monthly level.
Third step: Open the daily K-line chart, here we only look at the 60-day moving average*; as long as the coin price pulls back near the 60-day moving average and shows a volume K-line+, then enter heavily.
Fourth step: After entering the market, use the 60-day moving average as the standard; if it's above, hold; if it's below, exit and sell. This is divided into three details.
1: When the increase in the wave* exceeds 30, sell one third.
2: When the increase in the wave exceeds 50, sell another third.
3: This is the most important part and the core that determines whether you can make a profit; if you buy in on that day and the next day there are unexpected circumstances, causing the coin price to drop below the 60-day moving average*, you must exit entirely and not harbor any luck-based mindset. Although the probability of breaking below the 60-day moving average using this method of selecting coins based on monthly and daily lines is very low, we still need to have a risk awareness. In the cryptocurrency market, preserving your capital is the most important thing. However, even if you have already sold, you can wait for it to meet the buying conditions again before buying back.
Ultimately, the difficulty in making money is not the method, but the execution. “When the coin price directly drops below the 60-day moving average, you must exit entirely and not harbor any luck-based mindset.” Just this one sentence has killed 90% of people.
Everyone's original intention in entering the cryptocurrency market is the same, that is beyond doubt. If you are just here to play around and pass the time, then this place is not suitable for you.