I am a professional cryptocurrency trader born in the 80s. I have traded spot, crude oil, and played futures. In 2018, I seriously researched cryptocurrency trading and achieved a turnaround in my life through it, with assets reaching over 50 million. $ALLO
It relies on a very simple method, just 4 steps back and forth: from selecting coins, buying, position management to selling. Now I will explain every detail clearly to you! I will only say it once, remember it well. #币圈生存法则
The first step is to open the daily chart and only look at the daily level. Choose the coins with a MACD golden cross, preferably those that have crossed above the zero line, as this effect is the best!
The second step is to switch to the daily level, where you only need to look at one moving average, called the daily moving average. Hold above the line and sell below the line.
The third step is after buying, when the coin price breaks above the daily moving average and the volume is also above the daily moving average, buy in full position. As for the fourth step, selling is divided into three details: the first is when the wave's increase exceeds 40%, sell 1/3 of the overall position; the second is when the overall wave increase exceeds 80%, sell another 1/3; and when it breaks below the daily moving average, liquidate the entire position.
The fourth step is also the most important one. Since we take the daily moving average as our buying basis, if unexpected situations arise the next day and it directly breaks below, then you must sell everything and not hold any false hopes! Although the probability of it breaking is very low with our coin selection method!
We still need to have risk awareness! After selling, wait for it to stand above the daily moving average again before buying back!
Now the market volatility makes strategies even more important. Don't be impulsive in a bull market, and don't panic in a bear market.
True winners rely on discipline to restrain human nature.
Hold on to your capital and your heart, the next cryptocurrency dark horse whose value doubles is you. #币圈暴富
A single tree cannot make a forest, a lonely sail cannot go far! In the cryptocurrency world, if you don't have a good circle or first-hand news from the cryptocurrency market, then I suggest you follow, Brother Sen will take you ashore, welcome you to join the team!!!
