Understanding the Crypto Market for Beginners: A Simple Guide to Profiting 🤔

🚨 🚨 First of all:

🔥 Step 1: Add coins that have shown gains in the past 11 days to your watchlist. However, exclude any coins that have declined for more than three days to prevent potential capital loss.

🔥 Step 2: Check the K-line chart and focus only on coins with a monthly MACD golden cross.

🔥 Step 3: Open the daily K-line chart and look at the 60-day moving average. When the coin price pulls back near this average and a high-volume K-line appears, enter the market with a significant position.

🔥 Step 4: After entering the market, use the 60-day moving average as your benchmark. Follow these three details for selling:

🏹 1: Sell one-third of your position when the price increases by 30%.

🏹 2: Sell another one-third when the price increases by 50%.

🏹 3: If the price falls below the 60-day moving average, exit the market immediately. Be aware that while the probability of this happening is low, risk management is crucial in crypto trading. The primary goal is to protect your capital.

In essence, the challenge in making money lies in execution, not the method. "If the price falls below the 60-day moving average, you must leave the market completely without hesitation." This approach helps to safeguard your investments, a step many fail to follow.

🔥 Remember, the key to success in the crypto market is not just the strategy but your commitment to executing it flawlessly.

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