4 Practical Tips for the Crypto World: How to Enter and Earn a Six-Figure Monthly Income#
This is a simple and efficient method that I used to earn a six-figure income in one month. The method requires only four steps: choose a coin → buy → position management → sell. I will analyze each detail in depth (recommended to bookmark and review regularly). After trying various trading strategies, this method has achieved relatively consistent profits and is still in use today, with stable and reliable results.
Step 1#
Add the coins on the 24-hour gainers list to your watchlist, but exclude those that have fallen for more than three consecutive days to prevent exiting after profits have been made.
Step 2#
Check the candlestick chart, focusing only on coins that show a MACD golden cross at the monthly level. This information can be obtained from the OKX platform.
Step 3#
In the daily candlestick chart, pay attention to the 60-day moving average. When the price retraces near this moving average and a volume spike 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 increases by more than 30%, sell one-third of your position.
- When the price increases by more than 50%, sell another one-third of your position.
- If the price drops below the 60-day moving average the day after buying, exit completely to avoid wishful thinking. This is key to profitability.
Although this method of selecting coins based on the combination of monthly and daily lines minimizes the probability of falling below the 60-day moving average, it is still essential to maintain risk awareness. In the crypto world, protecting your principal is crucial. Even after selling, you can re-enter when the price meets the buying conditions again.
"Once the price drops below the 60-day moving average, exit completely to eliminate wishful thinking. In summary, one must be flexible in the crypto world rather than stubborn. By flexibly applying thinking and continuously enhancing knowledge and practical experience, one can survive and succeed in the market for the long term." — @老猫.btc
🔥 Solutions to Accessing OKX Exchange in China#
Many exchanges' original domain names may be restricted, or access may be slow due to overseas servers. This usually stems from the network environment rather than platform service interruptions. Exchanges like OKX and Binance regularly update their backup domain names to ensure users can continuously access the official website.
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- OKX backup domain Overseas OKX - Need VPN or Alternative 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#
🔥 Practical 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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