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Cryptocurrency Trading for 6 years, the initial capital of 50,000 has now accumulated a total Position of over 7 million!!
After reading my post, if you still can't make money in spot trading, come to me directly. I will make up for you,
The contract is highly volatile, and it may explode directly if the position is opened incorrectly. I can understand losing money.
But you can make money by following a principle in spot trading, don't always change currencies, or be impatient. Maybe buy and sell within two or three days. This situation is unacceptable. Use the method below to see if you can make money, or just randomly choose a cryptocurrency? Look back at the historical records, can you definitely make money?
The main feature begins
First, analyze whether the overall market is rising or falling. If it's at a high point, wait for a pullback. This period may last 3 to 5 months. Just wait and don't buy.
If it is at a low position, wait and see if it will break through or stabilize before deciding whether to take action.
Then it is the high point callback to the middle position, whether it stabilizes and breaks through or falls below the position.
Second, there is a small profit, don't rush to buy and sell, because it takes 3 to 5 months for a stock to run from a low point to a high point, unless it's the kind that cheats and rises suddenly, if you don't sell, the profit withdrawal may be very large.
Buying at a position above the three moving averages can be profitable, provided it is at a low level. At least he won't be trapped. You don't talk about whether he can make money, at least he won't trap you for months or even years. Take a closer look at the two charts below, one for old cryptocurrencies and the other for new ones. Buying at MA 7, MA 60, MA 99. It is definitely profitable above these three moving averages. How can this method not be explained?
Just flip through the old cryptocurrencies. Whether it's a new cryptocurrency or an old one, do you see the same pattern? The second one is a new cryptocurrency, bought above the moving average, and time goes by. There must be a profit. You can also use my method to look back at the old cryptocurrencies. With my method, if you buy, will you see a profit? After making a profit, when to sell the money depends on you.
This method is suitable for all cryptocurrencies. Buy when the price is above the three moving averages. The premise is whether you need to analyze whether the market is at a high point or a low point. If it's at a high point, wait for 3 to 5 months. If it's at a low point, even if you buy, you still have to wait for profit. If you don't believe it, you can try it with 100u now.
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