My answer is straightforward: the method is actually not that complicated, but it emphasizes the three words: steady, accurate, and decisive. Following this logic can help avoid a lot of detours; otherwise, just wait to be taught a lesson by the market.
**Step 1: Select 'live coins' from the gainers list.**
Every time before the market opens, I review the recent half-month's performance rankings to see which coins have significant movements and are in an upward phase, then I add them to my watchlist. The logic is simple: only coins that are continuously attracting capital deserve to be continuously favored. Those coins that have been lying flat for a long time are just a waste of time to keep an eye on.
**Step 2, only act when the monthly MACD shows a golden cross.**
A golden cross is a clear signal that a trend has started, and at this point, entering the market allows one to profit from the trend. However, many people like to gamble on what they consider to be a rebound from an oversold condition or to pick up bargains. Let me be straightforward: that is gambling, and the risks are terrifyingly high. Following a clearly visible trend is the only way to rely on a profitable probability.
**Step three, the 60-day moving average is the "traffic light" for entering the market.**
The coin price has dropped back to near the 60-day line, and at the same time, the trading volume has significantly increased. Only then will I choose to enter the market. I don't blindly guess where the bottom is, nor do I randomly take positions; I wait for clear signals, and only act when there are signals. There's a realization here: doing nothing sometimes means making money; blindly operating is what truly leads to losses.
**Step four, once you're in the market, don't hesitate; if the trend breaks, exit immediately.**
As long as the trend hasn't reversed and the support line still holds, I will hold on without moving. But once it breaks through the key support, regardless of whether I am in profit or loss on the books, I will decisively close all positions. I have seen too many people stumble because of the words "can't bear to part with it"; going from a profitable account to liquidation, sometimes it just takes one moment of hesitation. Rather than this, I would prefer to earn a little less and do it cleanly.
**Step 5: Once you've earned enough, you should learn to take profits in batches.**
When profits exceed 30%, I will first reduce half of my position; when it reaches 50%, I will then reduce the remaining half. Don’t think about eating the entire market in one go; that’s too unrealistic. Small profits accumulated gradually can instead build a tower of sand over the long term.
**Step 6, once it breaks below the 60-day moving average, decisively clear out, never look back.**
This discipline has saved me countless times. Whether it's a position I just bought or a severely trapped order, once this line is triggered, I liquidate my holdings without any room for compassion. If you show weakness to the market, it will double down on harvesting you.
Some people say this method is "too rigid," but I have to say that the more emotionally you operate, the easier it is to be taught a lesson by the market. Every rule I have here is based on experiences summarized with real money. Sticking to trends, sticking to key levels, and sticking to operational discipline are the principles for making stable profits in the coin circle.
I used to stumble around in the dark, but now I have a lamp in my hand. This lamp has been shining all along, would you like to follow?
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#BinanceABCs I often get asked how to choose coins, how to find buying points, and if there are any tips.
$BTC $ETH
My answer is straightforward: the method is actually not that complicated, but it emphasizes the three words: steady, accurate, and decisive. Following this logic can help avoid a lot of detours; otherwise, just wait to be taught a lesson by the market.
**Step 1: Select 'live coins' from the gainers list.**
Every time before the market opens, I review the recent half-month's performance rankings to see which coins have significant movements and are in an upward phase, then I add them to my watchlist. The logic is simple: only coins that are continuously attracting capital deserve to be continuously favored. Those coins that have been lying flat for a long time are just a waste of time to keep an eye on.
**Step 2, only act when the monthly MACD shows a golden cross.**
A golden cross is a clear signal that a trend has started, and at this point, entering the market allows one to profit from the trend. However, many people like to gamble on what they consider to be a rebound from an oversold condition or to pick up bargains. Let me be straightforward: that is gambling, and the risks are terrifyingly high. Following a clearly visible trend is the only way to rely on a profitable probability.
**Step three, the 60-day moving average is the "traffic light" for entering the market.**
The coin price has dropped back to near the 60-day line, and at the same time, the trading volume has significantly increased. Only then will I choose to enter the market. I don't blindly guess where the bottom is, nor do I randomly take positions; I wait for clear signals, and only act when there are signals. There's a realization here: doing nothing sometimes means making money; blindly operating is what truly leads to losses.
**Step four, once you're in the market, don't hesitate; if the trend breaks, exit immediately.**
As long as the trend hasn't reversed and the support line still holds, I will hold on without moving. But once it breaks through the key support, regardless of whether I am in profit or loss on the books, I will decisively close all positions. I have seen too many people stumble because of the words "can't bear to part with it"; going from a profitable account to liquidation, sometimes it just takes one moment of hesitation. Rather than this, I would prefer to earn a little less and do it cleanly.
**Step 5: Once you've earned enough, you should learn to take profits in batches.**
When profits exceed 30%, I will first reduce half of my position; when it reaches 50%, I will then reduce the remaining half. Don’t think about eating the entire market in one go; that’s too unrealistic. Small profits accumulated gradually can instead build a tower of sand over the long term.
**Step 6, once it breaks below the 60-day moving average, decisively clear out, never look back.**
This discipline has saved me countless times. Whether it's a position I just bought or a severely trapped order, once this line is triggered, I liquidate my holdings without any room for compassion. If you show weakness to the market, it will double down on harvesting you.
Some people say this method is "too rigid," but I have to say that the more emotionally you operate, the easier it is to be taught a lesson by the market. Every rule I have here is based on experiences summarized with real money. Sticking to trends, sticking to key levels, and sticking to operational discipline are the principles for making stable profits in the coin circle.
I used to stumble around in the dark, but now I have a lamp in my hand. This lamp has been shining all along, would you like to follow?