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Eight years ago, I hit my lowest point in life—divorce, leaving everything behind, and still owing a mountain of debt. That period was truly tough, but it was also during this time that I decided to make a change. Later, I got involved in cryptocurrency trading, starting from a basic understanding to focusing on the trading mechanisms of top coins like SOL and Bitcoin. Now, my debt has been fully paid off, and my assets have surpassed eight figures.
Honestly, the method itself isn't complicated; it mainly involves a cycle of four key steps. I’ve organized what I’ve learned over the years and want to share it with you.
First is selecting the coin. Look at the daily chart for MACD golden cross signals. The most ideal situation is when the golden cross appears above the zero line, as this pattern has a significantly higher success rate.
Next is analyzing moving averages. Switch to the daily chart and focus on a single daily moving average. When buying, the price should be above the line; when selling, it should break below the line. It sounds simple, but executing it requires strict discipline.
Then comes the entry point. When the price breaks above the daily moving average, trading volume should also be above the moving average. At this point, you can go all-in.
Finally, selling is the most testing part of human nature. Sell one-third of your position when the price gains over 40%, another third at 80%, and fully exit if it falls below the daily moving average. Also, there's an important detail—if the price suddenly crashes the next day and breaks the line, don’t expect a rebound; you must exit completely. Although this situation is rare, when it happens, it’s a big event. Better to miss out than to fight it. Wait until the price stabilizes above the daily moving average before re-entering.
The core of this method is relying on the daily moving average as the main judgment criterion, strictly following stop-loss and take-profit rules. It looks simple, but not many can stick with it. It works for mainstream coins like Bitcoin and Ethereum. The key is not to let short-term fluctuations disrupt your rhythm.