A simple and efficient method for trading cryptocurrencies that is almost guaranteed to be profitable! Do you also want to achieve financial freedom through cryptocurrency trading? Let me share a true story.
There is an uncle around me who was originally an ordinary taxi driver. After accidentally coming into contact with the cryptocurrency world, he began to study trading seriously and successfully made a comeback using a simple and effective method. Today, his assets have exceeded eight figures!
His trading strategy consists of only four steps, which are very simple but highly effective. Here are the specific operations: Step 1: Choose a cryptocurrency
Open the daily chart and only select cryptocurrencies with a MACD golden cross, prioritizing those with a golden cross above the zero line, as this is the condition with the highest success rate!
Step 2: Buy signal
Switch to the daily chart and focus only on one moving average—the daily moving average. The rules are simple:
· Hold above the line: Buy and hold when the price is above the daily moving average.
· Sell below the line: Immediately sell when the price falls below the daily moving average. Step 3: Position management
After buying, observe the price and trading volume:
1. If the price breaks above the daily moving average and the trading volume also stabilizes above the daily moving average, buy with the full position.
2. Selling strategy:
· If the increase exceeds 40%: Sell 1/3 of the position.
· If the increase exceeds 80%: Sell another 1/3 of the position.
· If it falls below the daily moving average: Liquidate all remaining positions. Step 4: Strict stop-loss
The daily moving average is the core of our operations. If the price suddenly falls below the daily moving average the next day, for any reason, you must sell all positions without hesitation! Although the probability of falling below the daily moving average is very low with this screening method, we must still maintain risk awareness.
After selling, just wait for the price to stabilize above the daily moving average again before buying back.
This method is simple and easy to learn, making it very suitable for investors who want to profit steadily. Remember, the key to success lies in strictly executing each step and not being swayed by emotions.