Do you know? In the world of cryptocurrency trading, there is a method that seems very "stupid" but is said to be able to achieve almost 100% profit. There is an example around me. An uncle used to drive a taxi. After accidentally coming into contact with the cryptocurrency circle, he began to devote himself to studying cryptocurrency trading seriously. As a result, he achieved a life counterattack by trading in cryptocurrencies, and now his assets have reached 8 figures! The method he used is actually very simple. There are only 4 steps in total, from currency selection, buying, to position management, and then to selling. Every link will be explained to you clearly. Let me talk about it in detail below.
The first step is to open the daily chart. We only focus on the currency with MACD golden cross at the daily level. If this golden cross is above the 0 axis, the effect is the best.
The second step is to switch to the daily level. Here you only need to pay attention to one moving average, that is, the daily average. As long as the currency price is above the daily average, continue to hold; if the currency price drops below the daily average, then decisively sell it.
The third step is to pay attention when buying. If the price of the currency successfully breaks through the daily average line and the trading volume can also be maintained above the daily average line, you can buy it in full at this time.
The fourth step can be regarded as the most important. After all, we have always regarded the daily average line as an important basis for buying. If an unexpected situation occurs the next day after buying, and the price of the currency directly falls below the daily average line, then don't be lucky and sell it all without hesitation. Although according to our method of selecting coins, the probability of the price of the currency falling below the daily average line is quite small, but we must have a sense of risk. Wait until it stands above the daily average line again, and then take it back.
And there are a few small details to pay attention to when selling. The first is that when the band increase exceeds 40%, 1/3 of the overall position should be sold; then, if the overall band increase exceeds 80%, then another 1/3 should be sold; finally, if the price of the currency falls below the daily average line, the remaining positions must be cleared.
