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There is a dumbest Cryptocurrency Trading method that almost guarantees 100% profit.
A friend of mine used to run a supermarket and was involved in physical businesses, but he only got into the cryptocurrency market in the past two years. Since then, he has started to seriously study Cryptocurrency Trading and has turned his life around through it, now amassing a fortune in the eight-digit range. His method of operation is actually very simple, consisting of just four steps: selecting coins, buying, managing positions, and selling. Every detail is studied thoroughly!
The first step is to open the daily chart and only look at the daily level. Choose cryptocurrencies with a MACD golden cross, preferably those with the golden cross above the 0 axis, as this effect is the best!
The second step is to switch to the daily chart, where you only need to look at one moving average, called the daily moving average. Hold above the line and sell below the line.
After buying in the third step, the coin price breaks through the daily average line, and the volume is also above the daily average line, it is recommended to buy with the full position. As for the fourth step, selling is divided into three details. The first is the fluctuation increase; when it exceeds 40%, sell 1/3 of the total position. The second is the overall fluctuation increase; when it exceeds 80%, sell another 1/3. If it falls below the daily average line, liquidate the entire position.
The fourth step is also the most crucial one. Since we are using the daily moving average as our buying basis, if an unexpected situation occurs and it directly falls below the line the next day, we must sell everything and not hold onto any false hopes! Although the probability of it breaking through using this method of selecting coins is very low, we still need to maintain risk awareness! After selling, wait for it to rise back above the daily moving average, and then we can buy it back again!