Cryptocurrency Beginner's Guide: Four Tips to Help You Earn a Six-Figure Monthly Income#
This is a practical trading method that helped me achieve a six-figure income within a month using this strategy. The entire process is divided into four key steps: from selecting cryptocurrencies, buying, position management to selling, each step will be explained in detail (recommended to bookmark and study repeatedly). After trying various trading methods, this strategy has achieved relatively stable profits and is still in use today, proving to be reliable.
Step 1#
Filter the cryptocurrencies that are on the rise in the last 24 hours to add to your watchlist, but exclude those that have fallen for more than three consecutive days to avoid the risk of capital flight.
Step 2#
Check the monthly candlestick chart, focusing only on cryptocurrencies with a MACD golden cross. This data can be obtained from the OKX platform.
Step 3#
Analyze the daily candlestick chart, paying special attention to the 60-day moving average. When the price pulls back near this moving average and a large volume candlestick appears, you can enter with a heavy position.
Step 4#
After entering the market, use the 60-day moving average as a benchmark: hold positions above the line, exit below the line. This is divided into three details:
- Sell one-third of your position when the price increases by more than 30%.
- Sell another one-third of your position when the price increases by more than 50%.
- Key risk control: if the price falls below the 60-day moving average the day after entering, exit all positions immediately to avoid wishful thinking.
Although this method of selecting cryptocurrencies based on the monthly and daily charts has a low probability of falling below the 60-day moving average, risk awareness is crucial. In the cryptocurrency world, protecting your principal is the core principle; even after selling, you can re-enter when the buying conditions are met. Being flexible and continuously improving knowledge and practical experience is key to survival in the market.
from @老猫.btc
🔥 Solutions for Accessing OKX Exchange in China#
Many exchanges' original domain names may be restricted or affected by overseas servers, leading to access difficulties. This usually stems from the network environment rather than a platform service interruption. To address this issue, exchanges like OKX and Binance regularly update their backup domain names to ensure users can access the official website through alternative addresses.
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- OKX backup domain Overseas OKX - Need VPN or Alternative link
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- Binance backup domain Binance
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- Bitget backup domain Bitget
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- Bybit backup domain Bybit/Bybitglobal
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- Huobi HTX backup domain Huobi (Huobi/HTX)
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- Gate backup domain Gate.io (Gate)
🔥 Related Reading#
2025 Top Ten Virtual Currency Trading Platforms Latest Ranking 🔥【Must Bookmark】
【Cryptocurrency Wealth Story】 From Zero to Millions and Then to Debt: A Real Experience Sharing
🔥 Useful Tools for Finding Alpha#
1️⃣ Axiom Dog Tool https://axiom.trade
2️⃣ Gmgn Dog Tool https://gmgn.ai
3️⃣ dbot Dog Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
Popular Searches#
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