A simple four-step method for steady profits
A friend used this method to build an eight-figure portfolio. Here’s the full breakdown of how to choose coins, buy, hold, and sell.
1. Choose coins: Look at the daily chart. A MACD golden cross is ideal, preferably above the zero line.
2. Watch the chart: Focus only on the daily moving average. Hold above it; sell below it.
3. Buy when the price breaks above the daily moving average, with volume confirming the move—you can go all in. Sell in three stages: sell one-third after a 40% rise, another third after an 80% rise, and sell everything if the price falls below the moving average.
4. Most importantly, use the daily moving average as your guide. If the price unexpectedly falls below it the next day, exit completely—don’t take chances. Although a breakdown is unlikely, manage your risk. After selling, wait for the price to reclaim the moving average before buying back in.
A friend used this method to build an eight-figure portfolio. Here’s the full breakdown of how to choose coins, buy, hold, and sell.
1. Choose coins: Look at the daily chart. A MACD golden cross is ideal, preferably above the zero line.
2. Watch the chart: Focus only on the daily moving average. Hold above it; sell below it.
3. Buy when the price breaks above the daily moving average, with volume confirming the move—you can go all in. Sell in three stages: sell one-third after a 40% rise, another third after an 80% rise, and sell everything if the price falls below the moving average.
4. Most importantly, use the daily moving average as your guide. If the price unexpectedly falls below it the next day, exit completely—don’t take chances. Although a breakdown is unlikely, manage your risk. After selling, wait for the price to reclaim the moving average before buying back in.
