!!!Newcomers in the cryptocurrency world must see!!
Sharing a set of 'foolproof' operation guidelines!
Want to stay in the cryptocurrency world for a long time, but don’t understand technology and have no good methods? Remember the following six points I mentioned:
1. Choosing coins: Only select coins that are in an uptrend or consolidation phase; avoid those in a downtrend or with a downward opening of the moving average, as they can lead to significant losses.
2. Dividing purchases: Split the funds into three equal parts. When the coin price breaks through the 5-day moving average, buy 30% with a light position; when it breaks through the 15-day moving average, buy another 30%; when it breaks through the 30-day moving average, buy the final 30%, strictly execute without hesitation.
3. Responding to pullbacks: After breaking through the 5-day moving average and pulling back, hold if it doesn’t break the 5-day line; sell if it breaks; after breaking through the 15-day moving average and pulling back, continue to hold if it doesn’t break the 15-day line; if it breaks, first sell 30%, hold the corresponding 30% if the 5-day line is not broken; after breaking through the 30-day moving average and pulling back, sell sequentially according to the previous method.
4. Selling techniques: Opposite to buying, if the price breaks below the 5-day line at a high position, first sell 30%, and hold 60% if it doesn’t continue to drop; if all 5, 15, and 30-day moving averages are broken, sell everything.
This 'foolproof' method seems simple, but it requires patience in practice, and the key is to have execution power. After buying, the buying and selling system is established, and strictly following the trading discipline will naturally lead to profits!
If you want to learn more trading skills and experiences, feel free to find me in the chat room!