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Ten years ago, I went through the darkest moments of my life—divorce, debt, and having nothing. Later, by a twist of fate, I entered the crypto world. Through countless losses and reflections, I developed a trading logic that gradually helped me climb out of the mire, and eventually my assets surpassed the 8-figure mark.
This method is straightforward: learn to read the daily chart and use the MACD golden cross as a buy signal. Why choose this? Because on the daily timeframe, when the MACD crosses above zero from the negative zone to form a golden cross, it often signals the start of a new trend. This signal is far more stable than other indicator combinations and can help you avoid many trap-like consolidations.
On the execution side, I keep it simple. Just watch a single moving average—if the price stays above it, I hold my position; if it falls below, I exit. Simplicity is key; there’s no need for overly complicated technical indicators. The real key is discipline in buying and selling.
When building a position, wait until the price not only stabilizes above the moving average but also confirms with increased volume—that’s how you verify the trend’s authenticity. Reduce your position in three stages: take profits when gains reach 40%; reduce another third at 80%; and once the price falls below the moving average, clear out the remaining position completely, leaving no leftovers.
But the biggest test for a trader’s mindset is risk control execution. If, on the second trading day after your purchase, the price unexpectedly falls below the moving average—though this is very unlikely—you must sell everything without hesitation, no second thoughts. No lucking out. Only after it reclaims the moving average can you consider re-entering. This decisive execution often marks the dividing line between retail traders and professional traders.
In the crypto market, those who make money are never the ones chasing the pump or panic selling, but those who truly know how to say no when risk appears. I have used this method to survive through the tumultuous market and live to tell the tale.