#交易类型入门 4 tips for trading cryptocurrencies that helped me say goodbye to a monthly income of over ten thousand at my job! As a poor college student, I used a very simple method to earn five figures in the cryptocurrency market within a year, consisting of just four steps: selecting coins, buying, managing positions, and selling. I will explain every detail clearly to you. I have tried many trading methods in the past, which allowed me to achieve relatively consistent profits. I am still using this method today, which is very stable and high.
-
Step 1:
Add coins that have risen in the past 11 days to your watchlist,
but note that you need to exclude coins that have dropped for more than three days to prevent funds from escaping after profits.
-
Step 2:
Open the candlestick chart and look only at the coins with a monthly MACD golden cross.
-
Step 3:
Open the daily candlestick chart, here we only look at the 60-day moving average,
As long as the coin price retraces to near the 60-day moving average,
and after a volume increase candlestick appears, enter the market heavily.
-
Step 4:
After entering the market, use the 60-day moving average as the standard; if the price is above it, hold on,
if it is below, sell out. This is divided into three details.
First, when the price increase of the wave exceeds 30%,
sell one-third,
Second, when the price increase of the wave exceeds 50%,
sell another one-third,
Third, and this is quite important,
it is also the key to whether you can make a profit,
that is, if you buy in on the same day,
and the next day an unexpected situation occurs,
and the coin price directly falls below the 60-day moving average,
then you must exit completely,
don't hold onto any other lucky mindset.
-
Although the probability of breaking below the 60-day moving average is very low using this method of selecting coins based on monthly and daily charts,
we still need to have risk awareness.
-
In the cryptocurrency market, preserving capital is very important,
even if you have already sold,
you can wait for the right buying conditions to buy back.