How do you make money in the cryptocurrency space?
Let me share a trading strategy that I have used.
From entering the market to 3 million, then going into debt of 8 million, and finally making a profit of 10 million, I mainly mastered contract techniques. If you learn it, you can do it too.
1. Add cryptocurrencies that have risen in the ranking within 11 days to your watchlist. However, note that those that have dropped for more than three days should be excluded to avoid capital exiting after profits.
2. Open the candlestick chart and only look at cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart, here only look at a 60-day moving average. As long as the price returns to near the 60-day moving average and a volume increase candlestick appears, then enter with a heavy position.
4. After entering, use the 60-day moving average as a standard. If the price is above, hold; if below, exit and sell. This is divided into three details:
1. When the increase in the wave exceeds 30, sell one-third.
2. When the increase in the wave exceeds 50, sell another one-third.
3. The most important point, which determines whether you can make a profit, is that if you buy in on the same day and the next day there are unexpected situations, and the price directly falls below the 60-day moving average, then you must exit completely without any sense of hope.
Although the probability of falling below the 60-day line using this method of selecting coins based on the monthly and daily lines is very small, we still need to have risk awareness. In the cryptocurrency space, preserving your capital is the most important thing. However, even if you have sold, you can wait for it to meet the buying criteria again before buying back.
Ultimately, the difficulty in making money lies not in the method but in execution.
A trading system is a weapon that can help you achieve stable profits.
It can help you identify key levels, discover entry signals, and find trading opportunities that can make you money.
On Monday, I helped fans with a long position in MOODENG, successfully doubling it. Friends who feel lost and directionless in trading can comment '1', to help you get rich.
#BinanceBlockchainWeek #狗狗币创数月新高 #下一BTC历史新高是多少? #你问我答