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Many people think trading cryptocurrencies is difficult, but the dumbest methods are often the most effective—I used this approach to earn over 4 million, with a nearly 99.99% success rate.
**Step 1: Finding the right coin is crucial**
Open the daily chart and focus only on the daily level. Look for coins where the MACD shows a golden cross, preferably above the zero line, as this signal is the strongest. Why? Because being above the zero line indicates that the overall momentum has been established, not a rebound from extreme weakness, so the success rate is naturally higher.
**Step 2: The daily moving average is your key**
Switch to the daily level and forget about complicated indicators. Only watch one line—the daily moving average. Simple and straightforward: hold when the price is above the MA, sell when below. That’s it.
**Step 3: Buying should have a rhythm**
When the coin price breaks above the daily moving average, and at the same time, the volume also surpasses the MA, you can go all-in. Why wait for volume confirmation? Because price can deceive, but volume cannot. A breakout confirmed by volume is a real breakout.
**Step 4: Selling in three stages, this is very important**
When the wave gains more than 40%, sell 1/3 of your position to lock in some profit. Keep holding the rest. When it reaches an 80% increase, sell another 1/3. This way, the remaining 1/3 won’t lose money even if the price drops to cost. The last scenario is the most critical—if the price falls below the daily moving average, sell everything immediately and exit all positions.
**Step 5: The most crucial step—discipline in execution**
Since the daily moving average is our benchmark, what if the next day the price suddenly drops below it? The answer is four words: sell everything immediately. Don’t hold onto hope, don’t wait for a rebound. Although the probability of a coin selected by this method breaking below the MA is very small, risk awareness is essential. After selling, wait for the price to rise back above the MA before re-entering.