A former taxi driver used one simple method to build an eight-figure fortune.
There’s a really simple way to trade crypto that I’ve used to make 30 million. Let me be clear: there’s no such thing as a 99.99% guaranteed win. If anyone promises you that, run. I’m only telling you what I did.
Ten years ago, I drove a taxi. Later, I got into crypto and started studying it seriously. I turned things around by trading crypto, and now my assets are in the eight figures. The method boils down to four steps: choosing coins, buying, position sizing, and selling. Every detail is set in stone.
Step one: look only at the daily chart. Open it and find coins with a MACD golden cross. Ideally, the cross is above the zero line—that’s the kind I’ve found works best for me. Treat crosses below the zero line as noise.
Step two: watch just one line—the daily moving average. Hold above the line; sell below it. Turn off the other lines for now. The more lines you have, the more tempted you are to act.
Step three: buying and scaling out. If the coin breaks above its daily moving average and volume is there to support it, consider buying. Don’t go all in as soon as it breaks out. Split your selling into three parts: once the swing gain exceeds 40%, sell one-third. At 80%, sell another third. If it falls below the daily moving average, sell everything that’s left. Take profits in stages; don’t gamble them all on one big green candle.
Step four—and this is the most important one: since you bought above the daily moving average, if the price unexpectedly breaks below it the next day, sell everything. Don’t hope for the best. With this way of choosing coins, breaks below the average don’t happen often, but when they do, hoping for a rebound is an expensive lesson. After selling, wait for it to get back above the daily moving average, then buy back in. Buying back isn’t revenge trading; it means the signal has lit up again.
The simplicity is in repeating the same steps: a daily-chart golden cross, above the moving average, scale out as it rises, and sell everything if it breaks below. Follow those four steps for two or three years. Your account grows not because of one magical trade, but because you really got out on the day it broke below the line.
I’ve written down how to follow these four steps and when to sell if the price breaks below the line at @老森笔记 . If you’re still going all in based on gut feeling, drop a coin in the comments. I’ll only tell you whether it’s above the moving average—not whether it’ll go up a hundredfold.
There’s a really simple way to trade crypto that I’ve used to make 30 million. Let me be clear: there’s no such thing as a 99.99% guaranteed win. If anyone promises you that, run. I’m only telling you what I did.
Ten years ago, I drove a taxi. Later, I got into crypto and started studying it seriously. I turned things around by trading crypto, and now my assets are in the eight figures. The method boils down to four steps: choosing coins, buying, position sizing, and selling. Every detail is set in stone.
Step one: look only at the daily chart. Open it and find coins with a MACD golden cross. Ideally, the cross is above the zero line—that’s the kind I’ve found works best for me. Treat crosses below the zero line as noise.
Step two: watch just one line—the daily moving average. Hold above the line; sell below it. Turn off the other lines for now. The more lines you have, the more tempted you are to act.
Step three: buying and scaling out. If the coin breaks above its daily moving average and volume is there to support it, consider buying. Don’t go all in as soon as it breaks out. Split your selling into three parts: once the swing gain exceeds 40%, sell one-third. At 80%, sell another third. If it falls below the daily moving average, sell everything that’s left. Take profits in stages; don’t gamble them all on one big green candle.
Step four—and this is the most important one: since you bought above the daily moving average, if the price unexpectedly breaks below it the next day, sell everything. Don’t hope for the best. With this way of choosing coins, breaks below the average don’t happen often, but when they do, hoping for a rebound is an expensive lesson. After selling, wait for it to get back above the daily moving average, then buy back in. Buying back isn’t revenge trading; it means the signal has lit up again.
The simplicity is in repeating the same steps: a daily-chart golden cross, above the moving average, scale out as it rises, and sell everything if it breaks below. Follow those four steps for two or three years. Your account grows not because of one magical trade, but because you really got out on the day it broke below the line.
I’ve written down how to follow these four steps and when to sell if the price breaks below the line at @老森笔记 . If you’re still going all in based on gut feeling, drop a coin in the comments. I’ll only tell you whether it’s above the moving average—not whether it’ll go up a hundredfold.