Daily Market Watch

The dumbest way to trade cryptocurrencies actually made my account skyrocket!

I used to think that trading cryptocurrencies had to rely on K-line, indicator crossovers, and various theories, staring at the market every day, using wave theory… As a result, I suffered repeated heavy losses, hitting a landmine three times, and it really felt like I was working myself to death.
Until one day, I decided to try the dumbest trading method: no fancy stuff!
To my surprise, this "laid-back" method actually took me from 1700U all the way to 14WU!
Until one day, I completely let go.

The method is so simple that I couldn't believe it, just 3 points:
① Only chase breakouts, avoid fluctuations! Do not touch sideways movements or traps, immediately enter when the price breaks a new high, small losses on false breakouts, and guaranteed profits on true breakouts, keeping an eye on the market every day to not miss opportunities;

② Never over-invest, only use 20% of my position! Only move a small amount of my position each time, take profits when I make money, take a break when I lose, do not reverse or stubbornly hold on, while others make dozens of trades a day, I only make two trades a week but earn more;

③ Only trade markets I understand, give up everything else! Do not try to catch bottoms or tops, just follow the trend, chase the rise when it goes up and the fall when it goes down, do not predict the future, do not hold illusions.

The technical analysis crowd laughs at me for being dumb, but with this simple strategy, I steadily build my account up to 14WU while they are still tangled in complex charts.

The truth about trading cryptocurrencies is: do simple things, earn steady money, learn to be a bit "dumb" and steady, and your account will naturally double. @森财带单日记