4 Cryptocurrency Trading tips that Newbies must see

I have used many methods in the coin circle and have taken quite a few detours.
In the end, achieving relatively stable profits, and still being used now, is actually a very simple set of processes, but with extremely high execution requirements.

Over the course of a year, achieving an eight-figure profit through it is not due to luck, but solely discipline.
The core consists of four steps: choose a coin, buy in, manage positions, and sell.

Step 1: Select Coin
Add the coins that have appeared on the rise list in the last 11 days to your favorites.
But there is a hard condition: if there are more than 3 consecutive days of decline during the period, it will be directly eliminated.
This trend often indicates that the stage funds have already taken profits and withdrawn, and there is no need to get in.

Step 2: Look at the larger time frame to confirm the trend.
Open the monthly line and look at only one indicator: MACD golden cross upwards.
No golden cross, no touch. If the trend hasn't emerged, even a strong short-term move can easily turn against you.

Step 3: Find the buying point, just use one line
Switch to the daily level and only focus on the 60-day moving average.
When the coin price pulls back to near the 60-day moving average,
and there is a surge in volume with a bullish candlestick or a signal of a bottom.
Only consider entering the market at this position.
It's not about chasing the rise, but waiting for a pullback to get an opportunity.

Step 4: Selling and Risk Control
After entering the market, use the 60-day moving average as the sole criterion.
Hold online, exit offline.

Specifically divided into three points.
When the price increases by more than 30%, sell one third.
Sell one-third when the increase exceeds 50%.
If an emergency occurs the day after buying and the price directly falls below the 60-day moving average, exit all positions unconditionally, without any wishful thinking.

The combination of the monthly and daily charts in this way has a low probability of breaking below the 60-day line.
But risk control must come first.

In the cryptocurrency trading circle, the most important thing is not how quickly you earn, but to keep your principal in the market first.
Even if you sell, you can buy back at any time as long as you meet the conditions again.

Ultimately, the difficulty in making money lies not in the methods, but in the execution.
The market is always changing; stubbornly holding on will only lead to elimination.
Understanding how to adapt is the key to lasting longer in this market.

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