After 8 years of trading cryptocurrencies, starting with a principal of 100,000, I've grown it to 30 million, simply by using this method, with a win rate of up to 99%, suitable for everyone.
Today I will share a method with you that is actually very simple. Even if you are a beginner in the cryptocurrency world, as long as you strictly follow this method, you can easily make money.
First, we need to set three moving averages on the K-line chart, which are the 5-day moving average, the 15-day moving average, and the 30-day moving average, with the 30-day moving average being the lifeline, providing strong support or resistance. Then you can buy and sell cryptocurrencies based on these three moving averages.
1. The cryptocurrency you choose must be in an upward trend; of course, those in a consolidation phase are also acceptable, but those in a downward trend or with moving averages opening downwards must not be selected.
2. Divide your funds into three equal parts. When the cryptocurrency price breaks above the 5-day moving average, buy 30% of your position with light trading. When the price breaks above the 15-day moving average, buy another 30%. Similarly, when it breaks above the 30-day moving average, buy the final 30%. This requirement must be strictly enforced.
3. If the price does not continue to rise above the 15-day moving average after breaking above the 5-day moving average, but rather shows a pullback, as long as the pullback does not break the 5-day line, maintain your original position. If it breaks below, sell out.
4. Similarly, if the price breaks above the 15-day moving average but does not continue to rise, hold as long as it does not break below the 15-day moving average. If it breaks below, first sell 30%, and if it does not break the 5-day moving average, continue to hold the 30% position.
5. When the price continues to rise above the 30-day moving average and shows a pullback, sell according to the previous method.
6. Selling is the opposite. When the price is at a high, if it breaks below the 5-day line, first sell 30%. If it doesn’t continue to drop, hold the remaining 60%. If all three lines (5-day, 15-day, and 30-day) are broken, sell everything and do not hold out for hope.
This "foolproof" trading method, while simple, is most importantly about execution. Once you buy in, the trading system is established, and only by strictly adhering to trading discipline can you earn profits.