Here's a simple approach—sounds dumb, but the odds of making a profit are pretty high.
I know a guy who used to run a small convenience store on the street. One day, he accidentally got into crypto and couldn't stop since. Now his assets have long surpassed ten million. His strategy is actually really simple: pick coins, buy in, manage positions, and sell—just these four moves, used over and over.
**How to pick coins?** Watch the daily chart and only go for those with a MACD golden cross. Golden crosses above the zero line are the best—the success rate is right there. Don't mess around with those random small timeframes; daily is enough.
**When to enter?** Switch to the daily chart and only follow one moving average—the daily moving average. If the price is above it, hold; if it drops below, exit. If the price breaks above the daily MA and volume increases, go all in—don't hesitate.
**How to exit?** There are three levels here: - When the price rises 40%, sell one-third to lock in some profit; - At 80% gain, sell another third to secure the bulk; - If it drops below the daily MA, sell everything, no exceptions.
**The most important point:** Since we’re buying based on the daily MA, what if it breaks down the very next day? Immediately close your position—don’t hope for a rebound. Although the coins picked by this method rarely break down, you need to always be risk-aware. If it really breaks, just cut your losses and wait to re-enter when it gets back above the daily MA—no problem.
This strategy is that simple and straightforward, but it really works.
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DefiSecurityGuard
· 12-12 04:55
⚠️ hold up, nobody's mentioning the rugpull indicators buried in this "simple method"? classic survivorship bias. that dude probably got lucky on 2-3 trades before the honeypot caught him.
Reply0
FlashLoanLarry
· 12-12 02:15
ngl this is just mean reversion with extra steps... but the capital utilization math actually checks out if you're disciplined about the exits. most ppl won't be tho lol
Reply0
TokenCreatorOP
· 12-09 13:09
Can moving averages solve everything? I feel like I've heard this argument many times, but how many people are actually making real profits?
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OnchainFortuneTeller
· 12-09 12:55
Daily moving average? Brilliant, it's much more reliable than my previous random buying and selling. This guy really knows his stuff.
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ProposalManiac
· 12-09 12:45
The core of mechanism design lies in risk exit, this guy really gets it. Using the daily moving average as the governance boundary—if it breaks, clear the position. It's highly incentive-compatible—no gray areas, no room for self-deception.
Here's a simple approach—sounds dumb, but the odds of making a profit are pretty high.
I know a guy who used to run a small convenience store on the street. One day, he accidentally got into crypto and couldn't stop since. Now his assets have long surpassed ten million. His strategy is actually really simple: pick coins, buy in, manage positions, and sell—just these four moves, used over and over.
**How to pick coins?**
Watch the daily chart and only go for those with a MACD golden cross. Golden crosses above the zero line are the best—the success rate is right there. Don't mess around with those random small timeframes; daily is enough.
**When to enter?**
Switch to the daily chart and only follow one moving average—the daily moving average. If the price is above it, hold; if it drops below, exit. If the price breaks above the daily MA and volume increases, go all in—don't hesitate.
**How to exit?**
There are three levels here:
- When the price rises 40%, sell one-third to lock in some profit;
- At 80% gain, sell another third to secure the bulk;
- If it drops below the daily MA, sell everything, no exceptions.
**The most important point:**
Since we’re buying based on the daily MA, what if it breaks down the very next day? Immediately close your position—don’t hope for a rebound. Although the coins picked by this method rarely break down, you need to always be risk-aware. If it really breaks, just cut your losses and wait to re-enter when it gets back above the daily MA—no problem.
This strategy is that simple and straightforward, but it really works.