After 8 years of trading cryptocurrencies, starting with a capital of 50,000 and reaching 90 million, I only used one strategy with a win rate close to 99%, suitable for all investors.
Today, I want to share this very simple method that even beginners in the crypto world can easily profit from as long as they strictly follow it.
First, we will set three moving averages on the candlestick chart: the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is known as the lifeline, a strong support or resistance level. Through these three moving averages, we can buy and sell the cryptocurrencies.
1. When selecting a cryptocurrency, ensure that it is in an upward channel or at least in a stable state. Once the cryptocurrency shows a downward trend or the moving averages diverge downwards, it should be avoided.
2. Divide the funds into three equal parts and implement a step-by-step investment strategy. When the cryptocurrency price surpasses the 5-day moving average, cautiously enter with one-third of the funds; when the price breaks through the 15-day moving average, increase the investment by another one-third; similarly, when the price crosses the 30-day moving average, invest the final one-third. This step must be strictly followed without negligence.
3. If the cryptocurrency price fails to continue rising to the 15-day moving average after breaking the 5-day moving average, but instead shows a pullback, maintain the position as long as it does not fall below the 5-day moving average; once it does, sell decisively.
4. If the cryptocurrency price successfully breaks the 15-day moving average but fails to continue upward, hold the position as long as it does not fall below the 15-day moving average during the pullback; if it does fall below, sell one-third of the position, and as long as the 5-day moving average is not breached, retain that portion of the position.
5. When the cryptocurrency price continues to rise and breaks through the 30-day moving average but encounters a pullback, gradually sell according to the established strategy.
6. The selling strategy is the opposite of the buying strategy. When the cryptocurrency price is high, once it falls below the 5-day moving average, sell one-third first; if the price stabilizes and does not drop further, keep the remaining position. If the 5-day, 15-day, and 30-day moving averages are all breached, clear out the position without any hesitation. This seemingly simple 'foolproof' operation relies on discipline. Once the position is established, the trading system is set; only by strictly adhering to trading discipline can one ensure profits.
If you are also a tech enthusiast researching technical operations in the crypto world, consider following GZ account 'Yuan Yuan Ju Cai' to get the latest cryptocurrency intelligence and trading skills!