Sis, how do you pick coins? How do you trade?
Honestly, my method is really simple. But it’s exactly these simple things that are the key to making money.
Are you like this too: when the market moves big, you want to jump in, make a bunch of moves, and end up getting liquidated?
Don’t laugh, I used to be that dumb too.
Today I’m sharing a few secrets I dare to use, and dare to let you learn:
· Start picking coins from the gainers list
Don’t touch coins that haven’t pumped. Only coins that have already caught capital’s attention have a chance.
· Don’t look at the candlestick chart, look at the monthly MACD
If a golden cross appears, go in; if not, stay out. Don’t bet on a rebound, because if you do, you’ll lose.
· Keep a close eye on the 60-day moving average every day
If it pulls back to the 70-day moving average + volume increases, I’ll dare to add. If the signal doesn’t come, I wait.
· Don’t get attached after entering
Sell when it breaks the line; don’t be reluctant. A lot of people go from profit to loss because of one word: “wait.”
· Take profits in stages
Cut half at 30%, then cut half again at 50%. Don’t try to eat the whole thing in one bite.
· The most important one
If it falls below the 70-day moving average, leave immediately. Don’t fight the market, don’t gamble with your life. That’s the key to how I survived.
The simpler you keep crypto trading, the easier it is to execute. Don’t always think about making a huge comeback with one trade; the real money comes from discipline and emotional control.