Trading cryptocurrencies for 7 years, starting with 100,000 capital, reaching 30 million, just using this trick, with a win rate of 99%, suitable for everyone.
Today I will share a method that is actually very simple, even if you are a newcomer to the cryptocurrency world, as long as you strictly follow this method, you can easily make money.
First, we need to set the moving averages on the K-line chart to three moving averages: the 5-day moving average, the 15-day moving average, and the 30-day moving average, where the 30-day moving average is the lifeline, a strong support or resistance line. You can then buy and sell coins based on these three moving averages.
1. The selected coin must be in an upward trend; of course, those in a consolidation phase are also acceptable, but those in a downward trend or with moving averages opening downwards should definitely not be selected.
2. Divide the funds into three equal parts. When the coin price breaks through the 5-day moving average, buy 30% with a light position, and when the coin price breaks through the 15-day moving average, buy another 30%. Similarly, buy the last 30% when it breaks through the 30-day moving average. This requirement must be strictly enforced.
3. If the coin price does not continue to break through the 15-day moving average after breaking through the 5-day moving average, but instead pulls back, as long as the pullback does not break above the 5-day line, maintain the original position. If it breaks below, sell.
4. Similarly, if the coin price breaks through the 15-day moving average but does not continue to break upwards, hold if the pullback does not break the 15-day moving average. If it breaks, first sell 30%, and if it does not break the 5-day moving average, continue to hold 30% of the position at the 5-day moving average.
5. When the coin price continues to break through the 30-day moving average and then pulls back, sell all at once according to the previous method.
6. Selling is the opposite. When the coin price is at a high level and breaks below the 5-day line, first sell 30%. If it does not continue to drop, hold the remaining 60% of the position. If all three lines (5-day, 15-day, 30-day) are broken, sell everything, do not harbor any luck.
This 'foolproof' operation method, although simple, the most important thing is to have execution power. Once you buy, the trading system is formed, and only by strictly following the trading discipline can you earn profits.