There is a very foolish method for trading cryptocurrencies that almost guarantees 99.99% profit.
1. Open the daily chart, only look at the daily level, and focus on the cryptocurrencies with a MACD golden cross, preferably choose a golden cross above the zero line, as this effect is the best!
2. Switch to the daily level, here you only need to look at one moving average, called the daily moving average, hold above the line, sell below the line.
3. After buying, if the cryptocurrency price breaks above the daily moving average, and the volume is also above the daily moving average, you should buy with your entire position. For the fourth sell, this is divided into three details: the first is the wave's increase, when it exceeds 40%, sell 1/3 of the total position; then when the overall wave's increase exceeds 80%, sell another 1/3, and if it falls below the daily moving average, clear all positions.
4. This is also the most important step, since we are using the daily moving average as our buying basis; if some unexpected situation occurs the next day and it directly falls below, then you must sell everything, do not harbor any lucky thoughts! Although through our method of selecting cryptocurrencies, the probability of it breaking is very small! But we still need to have risk awareness! After selling, wait for it to stand above the daily moving average again, and you can buy back! $BTC
