There is the dumbest method for trading cryptocurrencies, which has an almost 100% profitability.
From now on, start to seriously study cryptocurrency trading. There is an uncle around who used to drive a taxi, and then he got involved in the cryptocurrency circle. From then on, he began to seriously study cryptocurrency trading and achieved a turnaround in life through it, with assets reaching 8 figures.
He uses this method which is actually very simple, with just 4 steps back and forth: from selecting a coin, buying, position management to selling, every detail will be explained to you clearly!
The first step is to open the daily chart and only look at the daily level, focusing on coins with a MACD golden cross, preferably choosing a golden cross above the zero line, as this has the best effect!
The second step is to switch to the daily level; here you only need to look at one moving average, called the daily moving average, buying when the price is above the line and selling when it is below.
The third step is after buying, when the coin price breaks through the daily moving average, and the volume is also above the daily moving average, you should buy with your entire position. The fourth step is selling, which is divided into three details: the first is when the wave's increase exceeds 40%, sell 1/3 of your total position; the second is when the overall wave increase exceeds 80%, sell another 1/3; when it falls below the daily moving average, liquidate all positions.
The fourth step is also the most important one. Since we are using the daily moving average as our buying basis, if some unexpected situation occurs the next day and it directly falls below, you must sell everything and not hold onto any delusions! Although using our coin selection method, the probability of it breaking is very small! But we still need to have risk awareness! After selling, wait for it to stand above the daily moving average again, and you can buy back then!