The ultimate question that my friends ask me every day: How to choose from a vast number of cryptocurrencies? How to accurately catch the buying points?
My answer is never convoluted—keep the thought simple, act decisively, rhythm is key, and stop-loss is the bottom line. Follow my six tricks, and you can avoid 80% of the detours.
First trick: Find the “live fish” in the gainers list
The first thing I do every day after the market opens is to scan the gainers list from the past two weeks, specifically looking at those cryptocurrencies that have shown significant abnormal movements and sudden spikes in trading volume. Only cryptocurrencies that attract capital can become “live fish”; I don't waste time on those that are just lying still.
Second trick: Monthly golden cross determines the trend
Short-term fluctuations are just noise; the real big trend is seen on the monthly chart. A golden cross on the monthly MACD (the white line crossing above the yellow line) is a solid signal for the start of a trend. This is akin to starting the engine of a large ship; only by going with the flow can you win effortlessly.
Third trick: The 60-day line is the lifeline and the entry point
Once the trend is identified, look at the daily chart. When the cryptocurrency price pulls back to the vicinity of the 60-day moving average, especially when it stabilizes on increased volume, it is a golden opportunity to enter with a heavy position. Entering at this time allows for reasonable costs and a sufficiently thick safety cushion.
Fourth trick: Exit when the line breaks, don’t hold onto fantasies
My discipline is very simple: When the cryptocurrency price is above the 60-day moving average, I hold with peace of mind; once it breaks below, I clear my position without hesitation. Regardless of whether I was previously in profit or loss, preserving the principal is essential for the next round. Letting emotions dictate will only lead to tears from the market.
Fifth trick: Take profits in batches, don’t be greedy for the whole fish
When floating profits exceed 30%, I sell half first to secure some profit; when it rises to 50%, I sell another half. The remaining position uses profits to gamble, and only with a steady mindset can the operation avoid distortion.
Sixth trick: Rhythm is greater than becoming rich, discipline is greater than feeling
Some say my approach is too “mechanical,” but I know well: the crypto world is specialized in dealing with all kinds of noncompliance. Every rule is a protective charm I summarized after stepping into pitfalls. Stick to the trend, maintain your position, and uphold discipline; only then can you earn the money you understand, and the market will treat you kindly.
Market conditions change rapidly; I will shout out at the first sign! If you want to secure your chips and seize opportunities, follow me at @萧哥带单日记 , don’t miss the next wave!
