What trading strategy have you used to make money in the crypto space?
Let me share with you a trading strategy I have used myself. From entering the market to 3 million, then to a debt of 8 million, and then to a profit of 10 million, I primarily mastered contract techniques. Once you learn it, you can do it too.
1. Add cryptocurrencies that have risen in the ranking within 11 days to your watchlist, but note that any cryptocurrencies that have dropped for more than three days should be excluded to avoid capital escaping after realizing profits.
2. Open the candlestick chart and only look at the cryptocurrencies with a monthly MACD golden cross.
3. Open the daily candlestick chart, and here only look at the 60-day moving average. As long as the price of the coin pulls back near the 60-day moving average and a volume candlestick appears, then enter the market heavily.
4. After entering the market, use the 60-day moving average as a standard: hold when above it and sell when below it. This is divided into three details:
1. When the segment's rise exceeds 30%, sell one-third.
2. When the segment's rise 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 causing the price to directly fall below the 60-day moving average, then you must exit completely without holding any false hopes.
Although the probability of falling below the 60-day line using this method combining monthly and daily charts is very low, we still need to have risk awareness. In the crypto space, the most important thing is to protect your principal. Even if you have already sold, you can buy back when it meets the buying conditions again.
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 mark key positions, discover entry signals, and find trading opportunities that can make you money.
I am someone who has successfully navigated contracts. Friends who are currently confused and directionless in trading, comment or leave a message 1 to help you navigate as well. You can also join my exclusive chat room 暴富之路 for the latest strategies and detailed points.
