4 Cryptocurrency Trading Tips Every Beginner Should Read

The core consists of four steps: choose coins, buy in, manage positions, and sell.

Step 1: Choose Coins

Add coins that have appeared on the rising list in the last 11 days to your watchlist.

However, there is a strict condition: if there has been a continuous decline for more than 3 days during this period, remove them directly.

Such a trend often indicates that funds have already taken profits and left, so there is no need to enter.

Step 2: Look at the Long Cycle, Confirm the Trend

Open the monthly chart and focus on one indicator: MACD golden cross upwards.

If there is no golden cross, do not touch it. If the trend hasn't developed, even a strong short-term move can easily reverse.

Step 3: Find Entry Points, Use Only One Line

Switch to the daily level and focus only on the 60-day moving average.

When the coin price pulls back near the 60-day moving average,

and there is a volume increase with a bullish candle or a stop-loss signal,

only then consider entering.

It's not about chasing the rise, but rather waiting for a pullback to provide an opportunity.

Step 4: Sell and Risk Control

After entering, use the 60-day moving average as the sole standard.

Hold on when above the line, exit when below.

Specifically, divide it into three points:

When a market rally exceeds 30%, sell one-third.

When the rally exceeds 50%, sell another one-third.

If a sudden situation occurs the day after buying, and the price directly breaks below the 60-day moving average, exit unconditionally without any lucky thinking.