There is a very stupid method for trading cryptocurrencies that almost guarantees profit.
This method is actually very simple, with just 4 steps: selecting the coin, buying, managing positions, and selling. Every detail will be explained clearly to you!
The first step is to open the daily chart and look only at the daily level. You should select coins with a MACD golden cross, preferably one that is above the zero line, as this has the best effect!
The second step is to switch to the daily level; here you only need to look at one moving average, called the daily moving average. Buy when the price is above the line and sell when it is below.
The third step is after buying, when the coin price breaks through the daily moving average while the volume is also above the daily moving average, you should buy with your entire position. The fourth step is to sell, which involves three details: the first is when the swing increase exceeds 40%, sell 1/3 of your total position. The second is when the overall swing increase exceeds 80%, sell another 1/3; if it breaks below the daily moving average, sell all positions.
The fourth step is also the most important. Since we are using the daily moving average as our buying criterion, if an unexpected situation occurs the next day and it breaks below, you must sell all your holdings; do not hold onto any false hopes! Although the probability of breaking through using our coin selection method is very small, we still need to be aware of the risks! After selling, wait for it to rise above the daily moving average again, and then you can buy back!