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There is one simplest way to trade cryptocurrency, almost 100% profit. I earned more than 2000w using this method! (After watching, you will also be able to)
1. Capital management + is the foundation of success
Divide the funds into five parts, using only one fifth at a time, and set a strict stop-loss +-- each trade should not exceed 10% losses, total capital.
Loss control within 2%. Even if there is an error five times in a row, the total loss will only be 10%, but as soon as an opportunity is taken, the profit usually easily covers the losses.
2. Go with the flow, not against it.
·Do not rush to buy on the dip, most cases are traps for attracting, patiently wait for clearer signals.
During a rise, don't rush to sell; it could be a "golden pit". Buying at a low level is more reliable than trying to catch the bottom.
3.Avoid coins with short-term sharp increases.
Regardless of whether they are major coins or altcoins, coins that consistently rise are a rarity; most of them enter stagnation or even correction after a sharp rise. One should not hope for a miracle by betting on sharp increases at high levels.
4. Use technical indicators
·MACD+ is a useful tool: when the DIF line and the DEA line cross from below to above 0, consider the possibility of buying; conversely, when they cross from above to below 0, consider reducing the volume.
·Position replenishment should be justified: during losses, positions should not be replenished at all; only during profits can positions be increased accordingly, otherwise it may lead to even greater losses. #ETH
5. Trading volume + is the soul of the cryptocurrency market
·Watch for the volume breakout at a low level, this is an important market signal. #PI
·Follow only the coins that are in an upward trend, watch the 3-day, 30-day, 84-day, and 120-day moving averages +, when they turn upwards, it usually means that the trend is confirmed.