4 Tips Every Newcomer in the Crypto World Must Know: How to Achieve a Monthly Income of Six Figures Right After Joining?
This is a simple and efficient method that I used to earn a six-figure income within a month. The entire process requires only four steps: from selecting coins to buying, managing positions, and then selling. I will elaborate on each detail (recommended to bookmark and review regularly). After trying various trading strategies, this method has helped me achieve relatively consistent profits, and I still use it today, with high and stable results.
Step 1#
Filter the coins on the daily gainers list to add to your watchlist, but exclude any coins that have fallen for more than three consecutive days to avoid the risk of capital escaping after profits.
Step 2#
Open the candlestick chart and focus only on coins with a monthly MACD golden cross. This data can be easily viewed on the OKX platform.
Step 3#
Check the daily candlestick chart, focusing on the 60-day moving average. When the coin price pulls back to near the 60-day moving average and a volume candlestick appears, you can enter with a heavy position.
Step 4#
After entering, use the 60-day moving average as a benchmark: hold above the line, sell below the line. This is divided into three details:
- When the price increase exceeds 30%, sell one-third of your position.
- When the price increase exceeds 50%, sell another one-third of your position.
- The key point is risk control: if the price falls below the 60-day moving average the day after purchase, you must exit completely to avoid any wishful thinking.
Although this method of selecting coins based on the monthly and daily lines has a low probability of falling below the 60-day moving average, risk awareness is indispensable. In the crypto world, protecting your principal is crucial. Even after selling, you can wait for the coin price to meet the buying conditions again before re-entering.
"When the coin price directly falls below the 60-day moving average, make sure to exit completely and do not harbor any wishful thinking."
In summary, one must be flexible in the crypto world and avoid stubborn thinking. By adapting, enhancing knowledge reserves, and gaining practical experience, one can survive and succeed in the market for the long term!
from @老猫.btc
🔥 Solutions for Accessing OKX Exchange in China#
Many exchanges' original domain names may be restricted, or access may be slow due to overseas servers. Ordinary users often mistakenly believe it is a platform issue, but it is mostly due to the network environment. To address this, exchanges like OKX and Binance regularly update 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 Backup 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 China's Top Ten Virtual Currency Trading Platforms Latest Ranking Released 🔥【Worth Bookmarking】
🔥 Useful Tools for Finding Gold Dogs#
1️⃣ Axiom Dog-Charging Tool https://axiom.trade
2️⃣ Gmgn Dog-Charging Tool https://gmgn.ai
3️⃣ dbot Dog-Charging Tool https://app.debot.ai
4️⃣ Morelogin Multi-Account Fingerprint Browser www.morelogin.com
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